Feb 2019

Producers profit from post-devaluation oil prices—but oil fields are depleting

The cartel faces unprecedented challenges, amid sceptism that output cuts will avert a global supply glut

BP and Eni are cooperating in a new search for gas close to the successful Khazzan project

Indian Ocean nation hopes to repeat the offshore successes of neighbouring Mozambique

The February 2019 issue of Petroleum Economist is out now!

The evolution of northeast US gas marketing may further cut capacity

Despite ever-rising oil and gas production, drilling activity is looking weaker

The new administration puts its faith in Pemex with expanded E&P budget

The global giant came to London almost five years ago and is enjoying the journey so far

Private equity has boosted the 12-year-old company’s firepower

Kerogen's vehicles grow from their appraisal and development core focus

Growing conventional hydrocarbon production should still be a priority as the energy transition takes shape

The country has large untapped gas reserves and wants foreign partners to help unlock them

The rebranded Norwegian firm’s results take a hit from the lower oil price

The volume of exports hangs on crucial events at home and abroad

With a new cabinet in place, offshore operators will feel more comfortable and a new bid round can proceed

Brexit uncertainty leaves carbon market and climate policy hanging fire

A rebound in the region is happening above and below water

President Macron will survive the yellow-vests protests, but his energy policy may not

UN climate talks shy away from key implementation issue

Total plans drilling campaign to establish scale of reserves

DNO’s swoop for Faroe could mark the start of another busy year for changes in asset ownership

The impoverished country still faces scrutiny over its ability to handle multi-billion-dollar projects

The country faces challenges to the much-vaunted tax regime certainty on which it has built exploration success

China’s rampant gas growth revives talk in Russia of Power of Siberia 2 pipeline project

Trans-Pacific shipments might compete to fill the country’s regional supply shortage

Azerbaijan may find it much tougher to find investment after the departure of Chevron and ExxonMobil

As the US becomes a key export market for crudes and LNG, the complexity of local logistics is creating new trade opportunities

A new focus on the energy sector aims to boost both the domestic economy and exports

The two firms have received harsh criticism from an Italian judge and now await UK court proceedings

Tullow, BP and CNR are among IOCs with drilling plans

Despite severe US sanctions, President Maduro is standing firm. But how long can the political impasse last while oil production continues to decline?

Strategic investments from Rosneft have unclogged Kurdistan's messy export scene, paving the way for supplies to Turkey in the early 2020s

BP's Greater Tortue project already has the green light, and Woodside's SNE development is poised to be next

Ownership consolidation within the tanker sector is creating stronger counterparties for oil shippers

Transport costs for US crude exports should fall as facilities are built to handle the largest tankers

Wide discounts for Canadian oil lead to unilateral production cuts

Africa's second-largest oil exporter needs more than the currently envisaged pipeline of oil projects if it is to remain a force

The country’s efforts to kickstart offshore exploration have hit a snag

February's oil and gas conference in Cairo attracted firms from around the world for one simple reason: Egypt's gas sector is booming

Importing gas may seem counterintuitive, but a deal to do just that is part of the country's gas renaissance

The cornerstone of the country's energy reforms aims to tempt foreign firms wary of setting foot in the Egyptian market

The find may revive interest in establishing an LNG plant on the island