Petroleum Economist
Opec’s oil export revenue to plunge 34% lower in 2016
Low crude prices and production outages have caused the group’s earnings to plummet
Israel’s offshore open for business
The eastern Mediterranean basin could replace depleting North Sea reserves on international markets, Israel’s energy minister tells Petroleum Economist. But it may struggle to find markets for its gas
Russian revival unravelled?
Russia has started to emerge gingerly from recession
but don’t bank on it lasting
Russian farce
Russia’s planned privatisation of Bashneft is off, for now,
after Rosneft made a mockery of the process
More oil to come from Russia
New forecasts say the country will defy the gloom
and keep adding to production
The party's over
Chinese purchasing of crude for storage will slow sharply in September, knocking out another prop in global oil demand
A 'scrap of paper' in the water
China has not accepted a ruling denying its claim to energy-rich territory in the South China Sea. It may heighten tensions in the area
Exxon forces consolidation on Papua New Guinea’s LNG
The US firm’s deal for a stake in a second gas-export project looks like a defeat for rival operator Total. But the synergies make sense
Time for settlement
Economic disorder, sectarian strife and the northern oil dispute continue to threaten Iraq’s integrity. Only political unity can solve the country’s many problems
Iraq’s oil in the maelstrom
Against the background of fiscal constraint imposed by low global oil prices, Iraq's oil and gas industry has become a victim of IS violence and a dispute among politicians in Baghdad that is paralysing the federal government
Israel tries to rejuvenate its gas-export plans
New upstream terms will perk up interest in the upstream, thinks the government. But has Israel missed its chance?
PdV’s downward spiral
Venezuela’s oil industry is cracking under the pressure of a domestic crisis and low oil prices
Rigs on the rise
Drillers are slowly picking up their pace as signs of optimism return to parts of the oil patch
Gulf of Mexico producers think small
Megaprojects have fallen out of fashion and cheaper tieback developments are in. It’s enough to keep the region’s output growing, for now
PdV's downward spiral
Venezuela's oil industry is cracking under the pressure of a domestic crisis and low oil prices
Newer face, older problems
A new energy minister will try to end the stagnation in Algeria's upstream
In Aramco's footsteps
Kuwait's government wants to follow Saudi Arabia's and sell off some state energy assets. The move will face opposition
The future is here
Decommissioning the North Sea used to be something to worry about later. But the time to clean up the fast-declining province is nigh
Digging deep
Conventional wisdom suggests Canada's oil sands producers should be in full retreat in the face of falling world oil prices. That hasn’t happened—yet
Clock ticks on Canada's pipeline debate
The oil sands need new outlets to grow. Will it get them?
Libya's oil war starts
The east's capture of four ports gives it a huge victory in the battle for the country. Oil exports may rise and the conflict could deepen
2016 Petroleum Economist Award winners
In a ceremony at Banking Hall in London on 15 September, we announced this year's award winners. Here's the list in full
A fractured oil sector
Years of civil war and terror have severely damaged Libya's energy capability. A recovery faces many hurdles
Oil crescent endgame
The political disintegration since 2014 has led inexorably towards a final battle for control of Libya's commanding heights
Does Libya still hold opportunities for IOCs?
The end-July deal to reopen the ports should be good news for investors. But convincing them to return may take time
The oil world's most difficult job
NOC’s chairman fears a disaster if his company is dragged into the war for Libya’s oil
Libya: A ceaseless campaign
Our report on the country’s energy infrastructure is the definitive guide to Libyan oil, politics, and civil unrest
Swing states
Is American tight oil really now the world’s swing supplier?
Iranian oil-output is surging, for now
The scale of Iran's oil-output growth this year has been startling. Without IOCs, longer-term plans will prove more difficult
Asia's looming fuel oil supply crunch
Higher demand and declining imports will tighten supplies
The elusive oil market balance
Slow demand growth, bloated stocks and managed money are impeding the price recovery
Expect record global refinery throughput in Q3
Runs may surge but they won’t match demand growth
The end is nigh
US power sector demand for natural gas is soaring. The glut could be about to end
Australian LNG sours for the locals
Exporters have prioritised foreign markets and the domestic price has spiked, angering consumers back home
Dirty fuels a health crisis time bomb
Air pollution from burning fossil fuels is killing too many people. Asia and sub-Saharan Africa will suffer the most
Decommissioning - the elephant in the room
Platform operators have for too long ignored their decommissioning plans. But the inevitable is nigh—and to thrive, they must innovate
Is Nord Stream 2 really needed?
Rising liquefied natural gas supplies to Europe and better gas interconnection raise more doubts about the project
Gazprom's commitments strain the budget
The revival of a project to ship gas to Turkey puts more pressure on a company already struggling
Taxation, not privatisation ahead for Russia
The collapse of the Bashneft sale means Russia's government will wring more cash from producers instead
Ready to deal, Saudi Arabia waits on Iran
The kingdom is ready to ditch its laissez-fair market strategy and cut production. Iran needs to come on board, but an agreement is close
How an Opec deal could work
Iran’s demands can be accommodated with some adjustments of the numbers
China’s confusing new stockpiling rules
The government has told companies they must put aside 10% of their reserves for a supply emergency. Details are vague
The end of producer power
The wave of LNG supply hitting the market is putting buyers in control
Opec’s imperfect deal
Algiers marks a major policy shift. But the market will want real numbers soon