Dec 2019

Vision 2030 spearhead PIF damaged by high profile investment setbacks at key MbS ally Softbank

Economic tensions may ease over the short term. But critical differences will only continue to divide rival global superpowers

Solutions such as renewable diesel can be much better for the environment than large-scale biofuels

Pipeline contract deadline looms as Brazil increasingly turns to LNG

Private equity firm says ongoing return of capital to investors could avert a potential North Sea exit crunch

President Widodo is pushing the upstream and downstream sectors hard to meet domestic demand

CEO makes bullish prediction on the energy transition and suggests investment in oil and gas will never again hit 2014 record

Oil analytics firm OilX sees a gradual evolution of the 2020s market balance, although with both energy transition in demand and Opec renaissance in supply signalling downside

The Japanese energy heavyweight sees LNG as the right fuel at the right time for developing Asian economies

A recent North Field find will feed yet more LNG capacity while efforts to secure future markets are intensifying

Brazilian heavyweight revises down its output projections as it focuses on the long-term

Lorenzo Simonelli has reinvigorated Baker Hughes’ oilfield business lines while positioning it to be at the forefront of the energy transition

The Erdogan regime’s maritime border agreement with Libya can only serve to ramp up regional tensions

As the majors exit, ambitious small and mid-sized entrants are challenging NOCs' dominance in the asset purchase market

US independent has been given approval by North Dakota regulators to proceed with an EOR pilot project that it hopes will help boost recoveries in the Bakken shale play

The reference prices for crude and other energy markets are unlikely to stand still

Weak market sentiment for oil and gas stocks is opening E&P opportunities in Africa for private equity and small cap companies—and leading governments to rethink their fiscal terms to attract them

The Asian nation’s consensus culture means renewable energy could very quickly take a substantial chunk out of conventional hydrocarbons requirements

The Norway-focused independent aims to reduce its carbon footprint while also keeping a smile on shareholders’ faces

The region is well-placed to shrug off any transition headwinds, according to Welligence

Challenges and costs increase as ageing oil fields reach the ‘babushka’ stage

Hanoi needs energy security. But US LNG can also tick some boxes for its relationship with Washington

The ambitious Integrated Resource Plan may struggle to convince investors and overcome vested interests. The reality could include a far greater dependence on gas than envisaged

New technologies will allow the oil market to understand what is going on in China quicker and in greater depth than before

Investor interest in the country’s oil sector should grow, particularly given challenges elsewhere

Outlook 2020 is out now!

Industry predictions for the demand for oil and the speed of the energy transition vary wildly. If it cannot coalesce around a compromise plan, politicians and investors may seize the initiative

The federal country is on the verge of launching a licensing round that could be transformative for the country—if IOCs are convinced by improvements to the security situation

The Turkish shale gas developer sees its appraisal programme results cause ripples amid nervous oil and gas investor sentiment

Foreign policy will pose a range of geopolitical risks to energy markets, while US shale will slacken its breakneck pace

The December 2019/January 2020 issue of Petroleum Economist is out now!

The Hungarian energy firm’s Azeri acquisition gives it breathing space as it implements its 2030 strategy

The Republican incumbent and Democrat candidates have wildly divergent visions of the future of US energy

Recycling will increasingly alter supply fundamentals, while legislation targeting single-use plastics will erode demand

Exploration interest remains high in the region even as political storms gather over the industry’s ‘license to operate’

Japan's government is seeking to get as close as possible to carbon neutral by 2050

Punishing US sanctions will continue to inflict heavy losses on the country’s oil sector

The country’s oil sector and economy will continue to feel the suffocating effects of US sanctions

Sluggish demand growth may be matched by an almost as equally anaemic lift in output

Civil war endangers the state-owned oil company’s ability to maintain crude production and threatens the collapse of the entire sector

Profound differences in governance style will impact the speed and development of future energy projects across Angola and Nigeria

The Crown Prince will continue to consolidate his control. But he must contend with unpredictable US foreign policy and shifting political alliances

Rivalry continues to impact energy projects across the region. But collaboration will be essential to achieve economic potential