Nov 2017

The global energy system is entering a new, more collaborative phase. And Germany is leading the change, explains Andreas Kuhlmann, Chief Executive of the Deutsche Energie-Agentur (DENA)

The November 2017 issue of Petroleum Economist is out now!

Efforts to secure the flow of energy often do the opposite, reinforcing injustice and historical resentments, argues a new book

Brazil's offshore is making big strides on costs—crucial in the post-shale landscape

ExxonMobil's find has opened a new frontier along South America's northeast coast

Trump's deregulations will only touch the margins of production, but he will generate plenty of geopolitical risk

A project to build an oil pipeline from reserves in the north of the country to the coast is inching forward - slowly

The country will need to import more oil and gas. But, as recent oil and LNG deals show, the advantage is presently with the buyer

To avoid the huge run-up in fossil-fuel demand forecasters expect, India will deploy more renewables and hope to electrify its passenger-transport sector

The roll back of vital incentives would come just before a major push from carmakers to bring electric vehicles into the mainstream

The Permian has transformed from a dying giant to one of the world's most important oilfields in less than a decade

In consolidating his hold on power, Crown Prince Mohammed will have alienated dozens of senior princes

Nigeria remains West Africa's largest producer by far, but if you want an exciting exploration prospect then Senegal and Mauritania are the places to be

Vast reserves are the oil sands' main advantage. Local producers think they can drive costs down where foreign entrants couldn't

Drilling in Alaska is pricey compared with tight oil in the Lower 48. But the potential remains huge

Brian Nessen joins Gulf Publishing Company as Group Publisher for pipelines and infrastructure group

Collaboration will be the key to maximising the North Sea's remaining potential

A string of successful auctions has set the stage for an exploration boom in Mexican waters

Vietnam's need for more energy is reviving the disputes with Beijing over the South China Sea

The US president's trip to China yielded the promise of a new gas supply partnership. But the deal was heavy on fanfare and light on details

While settling a maritime border dispute with Australia is a step forward in relations between the two countries, it won't resolve all the issues

More people worldwide are getting connected for the first time with renewables and off-grid systems are playing an increasing role, says International Energy report

Beijing is working hard to put its SPR expansion programme back on track

The country is ready to play a leading role in meeting surging liquefied natural gas demand in the region's rapidly expanding market. In emailed responses, Singapore LNG Corporation's (SLNG) chief executive said his company is strategically placed to meet emerging market demand

The Central American nation wants to make the most of its geographical position to supply the rest of the continent with energy

Physical tightness and geopolitics suggest so. But price threats are lurking

Shell's dissatisfaction with its Iraq operations exposes flaws in the country's contract model for IOCs

Violence and political disputes are preventing Libya's oil production settling back to pre-conflict levels

The French supermajor's acquisition gives it access to 10% of the global LNG market, second only to Shell

It's crunch time in Caracas after the country defaulted on two bond payments and oil output continued its freefall

With a focus on developing the South Pars field, Iran is set for a major expansion of natural gas production

Producers face a further period of low prices as more production comes online

Iraq's army has retaken Kurdish-controlled areas around Kirkuk in the north, while neighbouring states are considering their long-term response to the independence referendum

The KRG referendum result and subsequent Iraqi army offensive against the Kurds underline how risky it is for companies involved in the export and sale of Kurdish crude

While crude demand will grow over the long-term, vast US reserves and lower cost production will keep a lid on prices, says the International Energy Agency

Forget a peak – falling production from existing fields should be the market’s immediate focus

Opec must extend its deal or face another sell-off. Then it needs to find an exit strategy

Venezuela faces steep bond payments before the end of the year. It is looking to Russia to help keep it from default

The market wants to trade a demand slow-down of the future, while ignoring the fundamentals of the present

Opec has brought global crude stocks to heel. But its job is far from over

Nebraska regulators rejected the pipeline builders preferred route, but ok’d an alternative, handing the company a complicated victory

International oil companies are fleeing the oil sands, but the Canadian producers that have plugged the gap have reason to be optimistic

In a ceremony at One Great George Street in London on 21 November, we announced this year's award winners. Here's the list in full

The start of production from a giant onshore gasfield in September has given a boost to the country's liquefied natural gas sector

Mustafa Sanallah, NOC Libya

Maria Sferruzza, Baker Hughes, a GE Company

Two major M&A deals and a boost from the Autumn 2017 budget may breathe new life into the UKCS

Ahmed Almaghaslah, Saudi Aramco

Carbon floor price or free market? Europe's debate shows no signs of calming

Central Asian countries are eager to pick up the slack, if sanctions hit Russian pipeline supply to Europe

Output will rise again in 2018, but less drilling and greater capital discipline will slow growth

International buyers' appetite may start to wane in 2018

Despite the country's natural gas sector booming, it could eventually need to import the fuel again

CEFC’s investment in Rosneft should bring badly needed financing to Russia’s largest oil company

CEFC’s investment in Rosneft should bring badly needed financing to Russia’s largest oil company

Once regarded as an unlikely addition to global liquefied natural gas capacity, the Yamal project is ready to roll and Novatek has even bigger plans

Khalid A. Al-Falih, Saudi Arabia

Marty Stromquist

Repsol Green Bonds

HPCL-Mittal Energy

Antwerp Blending Plant, Kuwait Petroleum International

Total

Marathon Oil

The first shipment of US crude to the country signals a new era in US-Indian relations. It also sends a clear message to Opec that the world's third-largest consumer has other supply options

Hurricane Energy

Eni

OMV

Saudi Aramco's downstream reach is expanding fast, but its upstream operations remain central to both the company's future and that of the kingdom

Experts differ on when oil demand will peak but agree we're accelerating towards it

The countries of the Arab Gulf aren't just blessed with oil and gas. Sunshine and wind are abundant too. A shift to capture their energy is underway

A major general is replacing the oilmen that ran the industry which will worry investors and plunge the sector further into crisis

Many cutters are now sceptical of the need to keep cutting and a watered-down deal will be followed by weaker compliance in 2018 anyway

Sadara Chemical Company

Energy and Technical Services Ltd

Armitage Communications

Siemens

Greensill Capital

White & Case LLP

Schlumberger

Nigeria has massive, but long under-used gas reserves. Now, it may be about to find a local market

The central African nation looked to be a hydrocarbons has-been, but chunky discoveries in recent years have reversed the trend