Petroleum Economist
Europe drags feet on carbon capture
European carbon emissions aren’t falling fast enough, but carbon capture and storage projects still remain low on the priority list
Philippines takes carbon emitters to task
The Southeast Asian nation has launched the world’s first governmental inquiry into the impact of climate change on human rights
LNG powers ahead in maritime market
LNG is making inroads into a variety of means of transport, with new maritime environmental regulations boosting its use in shipping
June 2018
The June 2018 issue of Petroleum Economist is out now!
Boom times for marine LNG
Environmental regulation, economics and rapidly evolving technology are encouraging the use of liquefied natural gas as a marine fuel
LNG: lots today, even more tomorrow
Vast amounts of export capacity are coming on stream, so it's just as well that demand looks set to keep growing
China to dominate demand outlook
Country's thirst for natural gas maintains upward trajectory
China goes for gas in Iran
Beijing glimpses a Middle East energy consolidation, by replacing France's Total in South Pars gas expansion venture
UK doubles down on nuclear power plans
London is stepping up its talks with Hitachi over the proposed Wylfa Newydd plant
Trump's fuel fight
The administration wants to roll back proposed fuel efficiency standards, but rising consumption would mean fewer barrels available for export
Growing pains for the Permian
The Permian is primed for years of booming production—if a range of infrastructure problems can be solved
Pipeline & Gas Journal, Geospatial Information and Technology Association to produce annual conference
The Pipeline Technology Forum™ will take the place of Pipeline Week™.
Electric vehicles roar up Britain's sales rankings
EV sales are rising in the UK as political changes in Europe help fuel the transition away from fossil-fuel engines
Latin America’s uncertain LNG future
Old-guard importers are fading, but new markets are opening. The region’s exporters are adapting to the US threat
Hybrid power plans heat up in India
Combining wind and solar power at dual-use plants could ease land acquisition and variability issues—which would impact the country’s renewables market growth
FLNG takes centre stage
Floating LNG is soon likely to provide virtually all new export capacity in West Africa
Tech firms jostle for a slice of the FLNG pie
BHGE, Black and Veatch, TechnipFMC and a host of other firms are honing their FLNG products
Iran looks to Asia for sanction relief
European firms will be wary of doing business with Iran under US sanctions, but China and India are among states which won’t back off
Yemen war enters dangerous new phase
The Saudi-led coalition has embarked on a high-risk strategy to force the Houthis to the negotiating table
US powerhouse in the making
The LNG building boom is just getting underway. When it's done, the US will be the largest exporter in the world
New markets for Canada's oil remain elusive
A war of words, along with legal challenges and counter-challenges, could see plans for Canada's Trans Mountain export pipeline scrapped
Sechin's role in Magomedov arrest under scrutiny
The arrest of another oligarch with links to the energy industry has raised questions over the motive
Lukoil: bigger than Rosneft
The investors' darling is prioritising high-margin upstream activities
ExxonMobil drilling heralds oil era in Guyana
Keen to add to its production base, ExxonMobil hopes to have the oil flowing from offshore Guyana within two years
Renewables and gas take on king coal in Africa
South Africa wants to go greener, but abandoning coal will be a tough task
Petroleum Economist and World Oil partner on SPE Offshore Europe 2019 coverage
Gulf Energy Information publications will work jointly on the daily newspaper at SPE Offshore Europe 2019
Entry deadline nears for Petroleum Economist Awards 2018
Time is running short to enter industry-leading energy awards
Trump's spectre looms over tense Opec meeting
Russia and Saudi Arabia plan to raise supply. The move will please the US but make for a rocky summit this week
Iraq's energy sector needs political deal
Approval of plans to expand Iraq’s oil output and export capacity awaits the formation of a new cabinet, following May’s inconclusive election results
Egypt wears the East Med LNG crown
With production rising fast and other East Med countries looking for markets, Egypt is hoping that its LNG plants will soon come into their own
Methane rises on investors’ risk radar
Methane emissions are forming an important part of investors' broader climate change strategy
LNG in Europe: The heat is on
Higher power demand due to hot weather helped pushed up European LNG demand in 2017. But the sector is far from buoyant
Barents comes into focus for Norway
There's a lot more gas and oil to be found in the Norwegian Arctic, if the explorers can be persuaded to look for it
Opec's risky metamorphosis
The urge to create a bigger producer group based on the Declaration of Cooperation is changing Opec's power politics
US and Russia duel over production dominance
Fuelled by shale gains, US output has risen rapidly, now outstripping Russia’s production; but Moscow won’t accept the shift lying down
Opec starts to ease cuts
The group is seeking to return compliance to 100%, implying a sharp immediate rise in output. But the details are vague
The heat is on
Higher power demand due to hot weather helped push up European LNG demand in 2017. But the sector is far from buoyant
Russia carries on regardless
Energy majors Rosneft and Novatek are pushing ahead with LNG projects, despite the growing threat of US sanctions
Aramco ploughs ahead
The jewel in the kingdom's crown is concentrating on downstream joint ventures, as it awaits the IPO go-ahead
Saudi Aramco—transition, transition, transition
Saudi Arabia increases emphasis on expanding non-oil sources of energy
WGC 2018: gas faces political, environmental risks
Natural gas may be the best solution to emissions goals, but the world needs to be convinced, say industry heads
WGC 2018: US puts LNG at heart of energy plans
The emergence of the US as a global LNG exporter fits Trump's plans to boost - rather than diminish - the future role of fossil fuels in the country
WGC 2018: Energy sector accused of sleepwalking on cybersecurity
Security experts say industry is leaving the door open for hackers targeting mission-critical infrastructure
China to lead as Asian gas demand booms
China's need for a clean and abundant energy source is mirrored throughout the region
Time to prioritise gas?
With peak oil approaching, the industry's thoughts are turning increasingly to gas investments
WGC 2018: LNG prices advance with demand
Momentum in global natural gas trade shows no sign of abating
Downward drift
Gas production across the region is set to decline, with China the major exception, leading to increasing LNG imports
A kingdom of change
Success in introducing social and economic reforms can't hide the longer-term challenges that Saudi Arabia faces
Algeria: trying to do better
Arezki Hocini, president of Algeria's upstream regulator, discusses the challenges facing the hydrocarbon sector and obstacles to reform
Oz awaits coronation
Australia expected to become world's largest LNG exporter next year, as buyers line up
LNG demand to rise, but supply in question
There's a glut now, but future demand growth can support huge export capacity increases—if the massive investment needed is forthcoming
Buying and selling on the up
Increased spot and short-term LNG trading and sharp price moves have encouraged the global growth of derivatives trading and hub activity
Pricing up and down
A trend towards increased spot sales and more flexible contracts is keeping the global LNG industry on its toes