Petroleum Economist
A new dawn for Petrobras?
The government-controlled oil giant is trying to change strategy - and market perceptions
Transneft in court
A brave investor is taking on one of Russia's dominant energy firms
The Americans are coming
The arrival of more US LNG in the Atlantic basin should cap European gas prices and help the bloc cut emissions
An oil industry between two fires
Politicking between two US presidential candidates has never been so colourful. As the election approaches and the polls swing back and forth, neither Trump nor Clinton have offered the oil industry what it needs
Fragility in Iraqi oil
Iraq is heading towards 2017 overwhelmed by security, political and economic uncertainties, any of which could negatively affect the oil sector
America's pipeline wars
Public opposition and shrinking growth opportunities have put the midstream in a tough spot. Expect more deal-making
Loosening the purse strings in the Permian
The Permian and pipelines are hotspots as transactions picks up
Promising future for US shale
The tide is turning, slowly, for America’s beleaguered shale industry
The great transformation of US power
The US power sector faces unprecedented change with the rise of renewables and gas
Gas rallies
Prices are on a bull run and demand looks robust
New frontiers for US energy
Propelled by technological advancement, market forces and shifting political winds, change is coming fast to every corner of America’s energy business
Kurdistan's lustre fades
The haste for the region's assets has given way to a much more realistic view of its potential
ExxonMobil - the oil world's champion
ExxonMobil hasn't exactly sailed through the downturn. But it remains convinced by oil's long future and undeterred by commodity cycles
Day late, dollar short for Canada
Weak prices and local protests are threatening Canada's LNG-export plans
Canada's high-flying juniors fall to earth
Smaller companies that push at the frontiers of technology and geology are going bust
Cracks appear in Brazil
As Brazil competes for international investment it is opening up its trove of pre-salt reserves to foreign majors
Nigeria's dilemma
The economy is struggling, investors are nervous and a ceasefire in the Delta seems to be over, threatening production
Chinese light givers
Chinese energy companies continue to expand across Africa, bringing infrastructure and power to regions needing both
Oman - against the odds
Oman hopes to sustain oil production by refocussing its upstream strategy, developing new technologies and securing international financing
Cairo crunch
Fast-rising fuel demand is a problem for a country relying increasingly on products imports
The China coal-to-gas effect
The country's policy to cut coal production capacity has sent prices around the globe soaring. It’s good news for Europe's decarbonising efforts
Indian oil-demand growth hits the road
Economic expansion and more drivers mean the country needs much more fuel
Opec deal would bring subtle shift in market share
If the group delivers on its pledge at the November meeting, some members will lose more than others
Glut no more for US gas
North American consumers will pay more for their gas this winter as stocks build more slowly and demand rises
Oil markets shrug at Trump election win
While equity markets around the globe were rattled by the news of a Trump win, crude futures were unfazed
Baker Hughes shareholders do maths over GE deal
General Electric's plan to merge its oil and gas division with Baker Hughes should be a boon for the oilfield services company amid testing times for the sector. But Baker Hughes shareholders may need some convincing
Cleaning and greening Indian energy
New Delhi has signed up to the Paris climate-change agreement. Now it needs a cogent plan for natural gas
Asia's new buyers
The region's established LNG importers need less gas, but a crop of emerging economies offer succour-and risk-to exporters
ONGC's lucky mascot
India's multinational oil and gas firm bought its first offshore rig in 1973. Since then, the Sagar Samrat has become a stalwart for the country's oil output
UK - weak power
The retirement of coal-fired power stations is tightening the UK's electricity supply-and the government doesn't seem to have a plan to cope
China - the great moderation
China's teapot refiners have enjoyed cheap oil prices. But the country's breakneck pace of demand growth will not return in 2017
India - the new demand-side dynamo
The oil market has been fixated on China. In 2017, it will have to start watching India and its booming consumer economy
What happened to Polish shale?
Poor drilling results, weak gas prices and an expected supply onslaught have damaged Poland's unconventional hopes. Imports will rise
Deal? What deal?
Russia is keen to coax Opec into a supply agreement, but is ramping up output in the meantime
What glut?
Another rise in LNG exports in 2017 will cause unexpected problems in Australia's domestic market
West Africa revival
More oil output can be expected from West Africa in 2017, even if the recovery in upstream activity will be modest
The IEA thinks a supply crunch is coming
Production will not keep pace with demand within a decade unless drillers start spending money again, the agency says
The Rovuma wait
Political instability and infighting will force gas onto the back burner in 2017
The Russian surge
Rising oil production in the past two years defied expectations. The market should expect more of the same in 2017
Battling on all fronts in Russia
Rival supplies in Europe, less urgency in the east and competition at home will be the motifs of Russian gas in 2017
No gas please, we're Ukrainian
Ukraine is on its way out of the former Soviet energy system - and that system will change as a result
Opec - now for the hard part
Opec's Algiers deal has put a floor in prices - but the group must give the market real details at its end-November meeting
Caspian Sea - better late than never
After much delay, a surge in Caspian Sea production in 2017 will take the oomph out of any Opec cuts
Turkey - stuck in the twentieth century
Turkey enters 2017 with an energy strategy that looks increasingly anachronistic
North Sea - comeback basin?
Thanks to the innovation of independent producers, predictions of the UK North Sea's death may be premature
New wave for Mexican oil
The reforms have been successful so far, but must be consolidated in 2017
Mexico - a serious opening
The reforms underway in Mexico’s energy sector are profound – and 2017 will accelerate them
Things can only get better for Canada
For Canada's oil industry, 2017 will surely be an improvement on last year's annus horribilis
Canada steps up coal phase-out plan
The country plans to eliminate coal-fired electricity generation by 2030 and start to rely on clean energy for power
Will Opec surprise the market?
Deeper-than-expected cuts are on the table and the momentum is behind a deal
Saudi Arabia - shifting sands
The end of Saudi Arabia's market-share strategy and efforts to restructure its economy – while keeping subjects happy – make 2017 a pivotal year for the kingdom
Forward march
Renewable energy has proved its credentials. The coming year will only add more momentum to the global rollout
Greener and greener
The Paris Agreement and a sharp fall in costs cheered investors in renewable energy
Bring on the deals
Conditions are right for a surge in M&A activity in 2017, despite lingering uncertainty over valuations
The breakthrough
The Paris Agreement was ratified in 2016, making it a pivotal year for the world's climate
Known unknowns
Opec's efforts to cut supply will be the main theme of 2017 and prices will rise. But the outlook is still fraught with risk and uncertainty
Urals gets a benchmark
Russia wants a contract for its main export blend. Petroleum Economist talks to the head of the exchange that will offer it
Iraq - over the worst
Iraqi oil output has continued to rise despite turmoil in the north. Further growth will be more difficult
After Mosul
Competing claims for northern Iraq will leave the post-IS settlement rife with new geopolitical risks
Iran - the great return: part two
Iran's energy sector is making progress, but political threats are lingering
Post-traumatic efficiencies in order
In 2017, the E&P sector needs to sharpen its focus. A price recovery, when it comes, will only reward low-cost explorers
Too much LNG... for now
The global glut will persist in 2017, but recovery is only a few years away
Time for the revival
After a rough couple of years, new pockets of demand and new methods of consumption will lift prospects for gas exporters
Desperate Venezuela
Oil output is falling and the state company is struggling to pull itself out of a dangerous tailspin
Limited options for Venezuela
Venezuela's oil output is falling and fundamental change is needed to rescue it in 2017
After the car wash
A modest oil-price rise, and pro-investor reforms, should spark a recovery for Brazilian energy and Petrobras in 2017
Back in business, probably
Opec will try to restore some control over oil markets in 2017. Quite how remains uncertain
Opec tells the market: we’re back
Saudi Arabia has accepted Iran’s terms for a deal. Now Russia has to keep its pledge to cut too