Petroleum Economist
Madagascar seeks to emulate Mozambique
After a protracted process, new licenses have been signed, while onshore LNG projects are edging closer to realisation
Brazil finding the balance
The country faces key downstream and infrastructure challenges
Big hitters betting on Mozambique to be global LNG player
After a protracted process, new licenses have been signed, while onshore LNG projects are edging closer to realisation
Renewables face increasingly level playing field
Adoption of green energy will only grow, as technology makes renewables increasingly cost competitive
Renewables looks to find the right balance
The adoption of wind and solar is growing rapidly. But can the technology overcome its current limitations?
Senegal’s energy hub ambitions gather pace
Two big hydrocarbons projects are heading for FID with Woodside stepping up to take operatorship of the SNE development
Bartering is Iran's best hope to bypass sanctions
With oil exports in freefall, the country is hoping that a new EU-backed plan to help companies continue trading will work. But optimism is low
Majors eyeing lucrative plays outside the Gulf of Mexico
ExxonMobil isn’t alone among majors in turning its gaze from the US Gulf of Mexico to significant deep-water and onshore shale opportunities elsewhere
Smaller FLNG vessels showing outsized potential
Transborders Energy is pioneering small-scale LNG development for markets looking to buy modest volumes
Lagos eyes LNG imports to launch private power plan
Nigeria’s most economically successful state wants to go it alone, improving gas feedstock supply in a bid to woo private power project investors
Exploration is back on the agenda in Australia
A landmark energy report warns that Australia must go back to drilling
UK industry flags Brexit rig shutdown threat
North Sea activity is unlikely to halt when the UK leaves the EU, but the uncertainty isn’t helping the planning process
Malaysia rebuttal reflects mistrust of China's 'Belt and Road' plan
Is Malaysia’s repudiation of China’s “unequal treaties” a sign of things to come?
Will biofuels emerge from the renewables shadows?
Despite ambitious transport fuel targets and strong growth in biofuel demand, bioenergy has failed to get the publicity it warrants
USMCA designed to keep Canada from China's orbit
Despite the deal's benefits, the US veto raises increased uncertainties over trade and investment
November 2018
The November 2018 issue of Petroleum Economist is out now!
Kitimat go-ahead gives Canadian LNG welcome respite
After years of missteps and doubt, Shell is finally to move ahead with the Kitimat LNG project
North Dakota's gas flaring challenge lingers on
Nearly a decade into its hydrocarbons boom, North Dakota, the US’ second-largest oil producing state, still struggles to limit natural gas flaring
Iraq wrestles with water supply dilemma
Iraq’s goal of increasing southern crude oil output could be stymied by a shortage of water—a critical issue for the country as a whole
Will new sanctions trigger a Russian recession?
With the economy already wobbling, further curtailment of investment in energy and other sectors would spell trouble
UAE aims to become oasis of stability in the Middle East
The UAE’s energy plans are well-braced to help sustain investor confidence in the face of political and economic winds
Good news and bad for India
India is taking two steps forward, one back in its quest for energy independence
IOCs stay committed to south Iraq
IOCs are pushing ahead with plans for output expansion—and the phasing out of flaring—despite Basra violence this summer
Gulf economy planners face 2019 challenges
Uncertainty over oil prices is creating problems for GCC states as they prepare budgets for the year ahead
Middle East burying head in the sand on decommissioning
The Middle East is yet to fully plan for its decommissioning future
US offshore wind gets ready to join the party
A landmark deal marks the start of an exciting new era for US offshore wind, which looks to build on Europe’s successes
Namibia's exploration drive goes on despite setbacks
Drilling success remains elusive, but Namibia’s offshore is on the map once more for explorers
East Med's E&P successes to take spotlight at EMGC 2019
The Eastern Mediterranean Gas Conference will offer attendees unique insight into the region's energy evolution
Gabon’s new oil regime threatened by power vacuum
The west African Opec member has moved fast to revise offshore licencing terms as it makes more blocks available
Fate of Iraq’s ’last-chance’ government hangs on Basra
The recent summer protests in Basra were more intense than in the past and are a wake-up call for the Baghdad authorities
Wintershall and DEA: A merger with ‘major’ aspirations
The Wintershall and DEA merger, the largest upstream deal in Europe for over a decade, will be heavily weighted to gas, putting it at the centre of a heated gas debate in Germany
Wintershall-DEA: The anatomy of a merger
The Wintershall-DEA deal brings together businesses that in 2017 had combined sales of €4.7bn
What could lead to an electric vehicles inflection point?
Traditional auto manufacturers and middle distillate refiners should be wary that a niche technology could be about to snowball into full-scale disruption
Renewables investment falls short of lofty ambitions
A yawning investment gap in clean energy means it is still just a marginal part of many portfolios
East Siberian oilfields are let off the Opec leash
Russia's remote eastern fields are ramping up as production shackles come off, but also to drive the growth that mature provinces can’t
LNG Project of the Year
Petronas Floating Liquefied Natural Gas 1 (PFLNG 1), Petronas
Chief Executive of the Year
Mohammad Ghazi Al-Mutairi, Kuwait National Petroleum Company
Energy Executive of the Year
Aron Deen, Ulterra Drilling Technologies LP
Future Leader
Peter Ratatics, MOL Group
Minister of the Year
Wellington Moreira Franco
Legacy Award
Sheila Hollis, Duane Morris LLP
Cleaner Energy Initiative of the Year
Tesla Gigafactory, Tesla, Inc
CSR Programme of the Year
Crab Hatchery Learning Centre Project, PTT Exploration and Production Public Company
Project of the Year
Electric charging vehicles, Distribuidora Uruguaya de Combustibles SA
Energy Trading House of the Year
Macquarie Group
Hedging Advisory of the Year
Mercatus Energy Advisors
Legal Services Provider of the Year
Bracewell (UK) LLP
PR Company of the Year
Instinctif Partners
Energy Company of the Year—mid cap
MOL Group
Energy Company of the Year—small cap
Energean
Energy Web Atlas names Harry Brookby as Vice President of Data Sales
Energy Web Atlas names Harry Brookby as Vice President of Data Sales
Downstream Initiative of the Year
Sadara Chemical Company
Energy Consultancy of the Year
Deloitte Consulting LLP
Saudi Arabia focuses on picking up the pieces
Saudi Arabia needs to restore its image and keeping its economic reforms on track
Canada-China ties caught in trade war crossfire
Canada’s commercial and economic ties with China are becoming a victim of Trump’s trade wars
Israel plans to be powered by natural gas
Israel has set targets for greater use of gas in power generation and transport over the coming decade
Interview: Opportunity knocks in the East Med
Rony Halman, chairman of Israel Opportunity Energy Resources, explains why the region could be on the verge of something big—but some points of contention remain