Petroleum Economist
March 2019
The March 2019 issue of Petroleum Economist is out now!
Adnoc joins the trading party
The Middle Eastern NOC’s new trading venture adds to the oil market’s evolution, and potentially to the pressure on middlemen
Trading job market reflects changing times
As margins are squeezed, traders need to look at expanding their skillsets and geographical horizons
BB Energy adapts to change
The trader is evolving its business model and seeing opportunities in the market’s challenges
Eastern forces expand Libyan energy sector grip
Warlord Khalifa Haftar has captured the country's largest oil field, putting a new question mark over the fragile oil recovery
Getting more oil on the move
Enterprise Products Partners looks set to maintain its leading position in the expansion of US midstream logistics over the next two years
Industry optimism is on the rise, but so are costs
The oil and gas sector feels better able to survive oil price volatility, DNV GL’s boss tells Petroleum Economist, as long as spending is kept under control
Oil’s days as shipping fuel are numbered
Forget the sulphur cap—shipping industry’s biggest disruption will come from carbon rules
Shipping’s surge and splurge
Spot rates should stay below 2018 peaks as more newbuilds come into service
Tehran left in the cold as old allies cut crude imports
Recent oil sales to Asia make for troubling reading for Iran's embattled government
Sall to oversee Senegal's journey to first production
West Africa's latest entrant to the hydrocarbons sector is expected to be producing oil and gas from 2022
Tankers steered back from the brink
A recent spike in rates has rescued tanker owners, but the reprieve could be short-lived
Big oil rises to Dutch geothermal challenge
The quest for clean energy to fill the gap left by declining gas production could be tailor-made for oil firms
European gas: an industry in denial?
The natural gas sector needs to be prepared for declining demand after the mid-2020s—and there are doubts that it is
All change in Kuwait's energy sector
Kuwaiti energy officials are hoping that the recent wholesale shake-up of senior management will herald a calmer future
Plastics recycling technologies compete in circular economy
A backlash against single-use plastics is encouraging recycling into intermediate products and fuels, complicating world oil demand forecasts
Somalia’s first licensing round could be a tough sell
The former “failed state” needs to deliver on its promises if the bidding process is to be a success
Petrobras keeps cutting
The Brazilian company will need to maintain momentum to meet its ambitious divestment objectives
Gabon's licensing round in limbo
Bidders are awaiting clarification on implementation of a new hydrocarbons code
Uganda oil inches forward
Uganda hopes to see its first crude oil exports by 2022
Canada's indigenous tribes consider pipeline stake
Canada's native population, long marginalised from the oil and gas boom, is proposing to buy the Trans Mountain pipeline
US midstream boom gathers pace
Short-term expansion is baked in, but the new decade could pose challenges
Equinor buffeted by transition winds
The re-branded Norwegian state-owned firm needs to convince that its renewables sector can one day compete with its fossil-fuel based upstream revenues
Norway leans greener
Public enthusiasm for the oil and gas industry is on the wane, with potentially significant effects
Tellurian takes flexible approach
US independent banks on cost control and optionality to fulfil its full value chain ambitions
Italy imposes offshore exploration moratorium
The industry’s future hangs in the balance as the government considers a new energy transition strategy
Book review: When power grows out of the oil barrel
Can the Gulf’s ruling families survive the post-oil era?
Syria desperately seeks fuel
The Assad government is reasserting control over territory, but still faces huge problems sourcing sufficient volumes of oil and gas to meet domestic demand
Canada tries out bitumen 'road apples'
A novel way of transporting bitumen could help overcome Canada’s export pipeline shortage
Back to business as usual with Buhari
The Nigerian president is likely to remain a difficult partner for oil firms in his second term in office
Another step forward for Tanzania's LNG plans
The East Africa state is keen to conclude an agreement later this year.