Petroleum Economist
Mifid II ensures all change for energy firms
There's plenty for companies to mull over in the latest European directive aimed at cleaning up the financial sector
Australia's own goal
While Australia enjoys an LNG export boom, it's also looking at imports as one way of meeting domestic demand
Australia plays safe
The Australian government has opted for reliability over renewables in the power sector
Time for financial discipline
The pattern of consolidation and restructuring among oil companies during the past year looks set to continue
Iran's oil sector unfazed by protests
A lack of clarity about the origins and aims of the country's demonstrations make predictions for their outcome difficult. But, for now, the energy industry is unscathed
Iran's best foot forward
The petrochemicals sector seeks to overcome financing and previous mismanagement problems to prepare for its expansion
Hitting China's great wall
Sri Lanka has presented some unlikely roadblocks to China's Silk Road project
China can't get enough
The East Asian country is hungry for LNG and is on course to become one of the world's top importers
US energy: what to watch in 2018
Oil production, trade, renewables and technology top our list of major questions facing America's energy industry heading into the new year
Fading Canadian pipeline ambition
The revival of Keystone XL and Canada's tricky pipeline politics doomed Energy East
Oil firms back in the black
Investors want to see oil companies striving for value rather than volume in the year ahead
Oil companies dig deep
With an eye on shareholders' returns, oil companies are reining in costs and increasing internally generated cash flows
Clouds are forming in Nigeria
The prospect of further violence in the Niger Delta risks undermining the country's efforts to woo investors back to the hydrocarbons sector with improved legislation
Trump and Iran might lift oil prices, for now
Don't bet against the president's imminent Iran decision lifting oil prices. But don't expect the rally to last either
Sowing the seeds in Africa
The AFC is committed to providing financial support for energy infrastructure development across the continent in a difficult investment climate
Trump's offshore oil bonanza
The administration has proposed a sweeping opening of America's waters to oil drilling. But politics and industry realities will rein in the ambitions
Forties crude flows again, but safety concerns linger
Continuing investigations by UK authorities into the temporary closure of a key North Sea pipeline network could signal further safety worries
Where next for the Bakken?
Producers are making the North Dakota tight oil play an attractive place to drill again, but it will struggle to compete with the Permian
Egypt's gas transmission strategy
With natural gas from the super-giant Zohr field now flowing ashore, plans are in place to make distribution of the fuel more efficient and to expand wind power
African competition hots up
It's a tough environment for exploration, but some countries are making headway
Iraqi Kurdistan's wrong turn
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad
Iraqi Kurdistan sinking fast
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
The end is nigh for oil
Fossil fuel merchants including oil companies are living on borrowed time, argues a new book
Where did it all go right for Senegal?
Major oil and gas discoveries make the country set to move from speculative play to producer
Côte d’Ivoire's exploration drive rebooted
Can an overhaul of concessions lure companies to the country's frontier acreage?
Energy Web Atlas Releases New Features for Real-Time LNG Intelligence Service
Energy Web Atlas leads the market with expanded LNG and pipeline data and improved import and annotation functions
Kuwait goes for gas
Despite the perennial shadow of political turbulence, upstream gas and LNG import projects are progressing
Big oil buying into green
2018 looks set to be another big year in renewables deal-making for the oil majors
Venezuela going for broke
The Maduro government wants a new deal on its debt. Things are going to get messy
Gaza gas stranded at sea
Palestinians' hopes that a gas discovery made offshore 18 years ago can be developed are unlikely to be realised soon
Kenya's oil: trucking along
With the country's contentious elections out of the way, Tullow hopes that development of its oil reserves will now progress
Majors come calling for Brazil's pre-salt
Shell and Petrobras were the big winners in Brazil's latest upstream bid round, along with backers of Brazil's oil reforms
Long to-do list in Nigeria
NNPC has expansion plans for its lucrative upstream, and hopes to stem losses in the downstream, as the company awaits major restructuring
Saudi Aramco mixes it up
While keeping oil at the core of its operations, Saudi Aramco is looking to a greener future and preparing to import gas for the first time
Guyana—at the frontier
ExxonMobil and its partner are racing ahead with their major Liza discovery in Guyana, at Latin America's exploration frontier. Others are struggling to replicate the success
Peak demand and oil's long-term trap
Fixating on the timing of a peak in oil demand is misplaced. Rather, the peak's significance is in shifting the paradigm, from perceived scarcity to perceived abundance. And it poses a problem for low-cost producers
North Sea oil's rock hoppers
Shell is happy to give the Penguins project a helping hand
Oil through the worse?
Opec cut, shale grew, stocks fell, demand soared, prices rose and balance—the oil market's magic word—drew near
Trump's America
A new president brought change on the regulatory front while tight oil rose again
Watershed year in Asia
Nuclear sabre-rattling shook Asia's security foundations, but 2017 heralded breakthroughs for EVs and LNG
New crisis and old
Subdued oil prices and intractable wars cast a shadow over the year
Saudi Arabia—on with the lid
The kingdom will experience austerity and social reform, and clamp down on corruption and dissent
Maintaining Indian momentum
Energy demand is expected to pick up in the year ahead after faltering in 2017. EV sales will rise
Opec's new partner
Russian producers grudgingly adhered to the cuts and a stronger oil price helped perk up the economy
Volatile world
Trump ditched Paris, Paris got Macron, Isis lost Mosul
North Sea's last hurrah
M&A in the region picked up in 2017, but European output was still expected to wane
A brighter year for Africa
Senegal's and Mozambique's projects gained momentum, Nigeria's production started to rise again
Latin American power play
Politics again dragged down Venezuela's oil industry, but helped lift up Mexico and Argentina
Lots of LNG
Australia and the US brought significant new supply on line. But who would buy it all?
BP strengthens Oman gas ties
With its Khazzan field boosting Oman's liquefied natural gas output, BP has moved into marketing the fuel
The world warmed
White House hostility harmed, but didn't destroy, the international fight against climate change
Green growth
Wind and solar continued their march in 2017, while battery technology and electric vehicles came of age
Buy now
Transactions defied low oil prices, as investors bet on long-term economics
Moscow rules
The fate of the relationship with Russia will be critical as balances tighten and competitor output builds
Nigeria's new oil industry bill ready to launch
Almost two decades after a Petroleum Industry Bill was first mooted and after numerous revisions, the country is poised to finally enact key elements of it
False dawn for oil
EVs, fuel-economy standards and perceptions of supply abundance are not about to end oil-market volatility
Oil demand: Beware the gap
Forget a peak—falling production from existing fields should be the market’s immediate focus
Decommissioning faces a hefty clean-up bill
The industry will spend tens of billions of dollars closing down old offshore fields
Venezuela's oil exports to the US fading fast
Collapsing shipments point to deep pain in the country's oil industry
Drillers holding fire
Unless oil prices surge, drilling activity will remain subdued next year. Any increase will breed cost inflation
LNG grows up
The global gas trade is casting off its past and becoming more like other internationally traded commodities
Fuels at sea
Ships must pollute less. Their owners can't ignore the impending regulatory changes
US defends its oil-output data
What do the EIA's weekly production figures tell the market—and what don't they?
Buyer's market
Deal making recovered in 2017 and will continue to pick up in 2018 as investors look for new growth opportunities
Ones and zeroes
Oil executives will have to invest in their digital futures in 2018 to keep up
Lunar lunacy and bot battles
An exclusive preview of our glorious leader's preface to the 2043 edition of Outlook