Petroleum Economist
Can Novatek lure Aramco to Arctic LNG-2?
Closer Russia-Saudi relations could bring new investment
Marathon Petroleum bets big on refining growth
The strategic rationale behind the refiner's deal to takeover Andeavor appears solid, but is the timing right?
May 2018
The May 2018 issue of Petroleum Economist is out now!
Iraq's big rebuilding project
Damage to the country has been severe. The recovery needs lots of money and willing investors
BP ploughs lonely shale gas furrow in China
China is inviting foreign operators to develop its vast deposits
Australia debates oil-import reliance options
Rising geopolitical tensions in maritime zones heighten its energy-security risk
Bangladesh in a bind over LNG imports
More gas is needed to address an energy crisis in Bangladesh, but developing an over-reliance on imported fuel may leave the economy exposed
Mixed fortunes in oil majors' results round
Upstream results from some leading oil firms were the best seen for years, but others fell flat
Iraq pushes for fresh oil expansion
Despite hurdles, energy sector ambitions abound
Japan's energy shake-up
The country's energy industry has been thrown into a state of turmoil by 'Abenomics'
China seeks to solidify oil future
The successful launch of the long-awaited Shanghai oil futures contract showed it is gaining sway in global energy markets
Total's new MENA adventures
The company is set to benefit from shale in the Middle East despite having shunned it elsewhere
A new behemoth or the reform Iraq needs?
Parliament has passed a law to re-create Iraq National Oil Company. It faces opposition
Better times for offshore Nigeria
Total, Shell and ExxonMobil are among the majors with commercial finds to develop
All eyes on Cameroon's first FLNG project
Success for Golar's facility could ease the way for further developments off Africa’s coasts
Trump lays down Iran gauntlet
The US administration must win over sceptical European and Asian allies to make oil sanctions bite as hard as last time
Tanzania playing catch up on LNG project
The NOC wants to get a stalled LNG project moving, but doubts remain over the operating environment
Iran importers face sanctions shell game
Trump’s sanctions plan lacks international support for now, but importers will nonetheless have to adapt
Opec ushers in the next market cycle
Opec and partners have cleared the glut—but will keep cutting. The strategy will support prices, but recreate the conditions that brought about the last bust
Saudis claim diplomatic victory on Iran
The kingdom says Trump's decision to withdraw from the Iran nuclear deal vindicates its long-standing regional strategy
China oil financing falls in Latin America
Beijing’s investment in the region is shifting from oil and other commodities to services
Latin America's oil production struggles to recover
Venezuela and Mexico are still coping with the fallout from the downturn while Brazil is set to start adding barrels again
Venezuela: Opec's heavy lifter
The Latin American producer's sharp fall in output has helped hold the cartel’s deal together
Ecuador: Holding steady on Opec cuts
No plans for an uptick in investment and production in the immediate future
Iraqi oil's 15 bloody years
Gary Vogler's memoir of post-invasion Iraq gives context to the many challenges the country still faces
Permian faces pipeline crunch
The west Texas oil and gas play could see growth crimped if major infrastructure projects aren’t completed in time
ExxonMobil and Chevron go big in the Permian
It is a new era for the supermajors and the west Texas shale basin as the companies plot aggressive growth plans
Colombian oil revival hopes face electoral test
An upcoming election and auction round will help determine the country's oil fortunes
An East Med gas renaissance
After years of inertia, the prospects for the region's gas finally moving towards markets are improving
Pertamina's offshore oil chase
After two years of belt-tightening, Indonesia's NOC is seeking to plug the country's energy consumption gap
Uncertain days for Malaysia's oil industry
The surprise victory of the opposition alliance in Malaysia could lead to a new relationship between the government and Petronas
Gazprom finds it hard to break with Ukraine
An international court ruling over gas supply contracts has done little to resolve differences between Gazprom and Naftogaz
Oil goes into the red zone
The market is primed for another price rally. The industry needs to update its outlook
Is Russia edging towards the Opec exit?
Russian output remains much higher than the level it agreed to in December 2016 and producers have big expansion plans
Iraq: let the bargaining begin
As Iraq settles in for the sizzling summer heat, the political temperature looks set to stay high well into autumn and possibly winter as well
Boom times for marine LNG
Environmental regulation, economics and rapidly evolving technology are encouraging the use of liquefied natural gas as a marine fuel
A Rhum deal: US sanctions threaten North Sea project
Uncertainty over US sanctions is causing jitters among oil and gas project developers
Brow-mopping after Mifid II start
European companies have recast their risk-management and hedging systems in line with last-minute Mifid II preparations
Financing marine LNG
With the deadline for IMO regulations approaching, the industry is closely evaluating the business case for liquefied natural gas
Qatar's LNG resurgence
The country is expanding its liquefied natural gas export capacity
Can new upgraders solve Alberta’s differential dilemma?
The government wants to help ailing oil sands producers by funding new upgraders
New rigs from old
Ades chief executive Mohamed Farouk reveals his firm’s formula for offering oil companies rigs at lower-than-market rates
Gazprom finds it hard to break with Ukraine (1)
An international court ruling over gas supply contracts has done little to resolve differences between Gazprom and Naftogaz
Europe waits on Germany
Despite being a leader in renewables, the country can't kick its coal habit
Kazakhstan & Azerbaijan: Caspian output set to rebound
Both countries signed up to the Opec deal in 2016. Neither seems destined to stick to the terms
Further finds needed in Ghana's offshore
Exploration and production projects are being fast-tracked
Uganda's oil dreams move closer to realisation
Production, pipeline and refinery projects are moving forward
Petroleum Economist opens 2018 awards nominations
Industry-leading event adding new categories as a result of expansion
Brighter horizons for Canada's LNG exports
As expectations of a world glut fade, Canada’s long-suffering export projects look set to take on a new lustre
Qatar's LNG drive in top gear
Qatar is pushing aside all other considerations to concentrate on the LNG-production race
A big leap for microgrids
Technological advancements in renewable energy and battery storage are contributing to the microgrids success story