Jun 2020

Six of the region’s eight LNG terminals saw deliveries above 80pc of capacity for a second consecutive month

The pandemic appears to have barely dented China’s hunger for gas. The difficulty remains building sufficient production, import, storage and transport capacity to satisfy demand

The June 2020 issue of Petroleum Economist is out now!

The firm’s head of LNG remains confident for a growing role for gas in the energy future

The firm’s head of LNG remains confident for a growing role for gas in the energy future

The French major commits to a target out of fear of being overlooked by investors

The French major commits to a target out of fear of being overlooked by investors

Downturns often usher in buying opportunities, but there are unique obstacles in the current environment

The landscape may look very different to when deals were struck. But it is not all bad news for those that acquired North Sea assets in recent years

South Korea’s conglomerates do not appear enthusiastic about curtailing carbon emissions, and their dominance crowds out more innovative contributors

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

The bloc’s latest budget revision has linked a post-Covid recovery fund to its cleaner energy vision

As the pandemic starts to ease, fund managers focused on the oil and gas sector predict a price recovery but still value the protection of strong balance sheets

As the pandemic starts to ease, fund managers focused on the oil and gas sector predict a price recovery but still value the protection of strong balance sheets

Development of the country’s oil sector faces a slowdown in the face of political instability and dire economic conditions

Picking up the tab for end-of-life liabilities is inevitably a thorny issue in a mature basin. But decommissioning offers pros as well as cons

Tougher economics could spark another rationalisation in the sector

Opec production cuts matter far less than international companies deciding to scale back production and capex

Heide Refinery has ambitious plans for green hydrogen, starting with replacing grey hydrogen in the production of its fuels and in the local chemicals industry

The major will take a much lower upfront fee with more to follow from production revenues and if prices recover

The new Baghdad government asks for much in return for a pivot towards Saudi Arabia and the US

The Netherlands has a gas grid that will become obsolete. Repurposing it could revive the infrastructure

Gas will be more resilient to the effects of Covid-19 than coal and oil but is “far from immune”, says the IEA, as it forecasts the largest-ever demand decline in 2020

The fourth in a five-part series from the BRG energy and climate practice examines how investment in renewable energy has been temporarily slowed and why it will bounce back fast

The fourth in a five-part series from the BRG energy and climate practice examines how investment in renewable energy has been temporarily slowed and why it will bounce back fast

The fourth in a five-part series from the BRG energy and climate practice examines how investment in renewable energy has been temporarily slowed and why it will bounce back fast

The fifth in a five-part series from the BRG energy and climate practice looks at how the pandemic will accelerate the energy transition, not derail it

The fifth in a five-part series from the BRG energy and climate practice looks at how the pandemic will accelerate the energy transition, not derail it

The fifth in a five-part series from the BRG energy and climate practice looks at how the pandemic will accelerate the energy transition, not derail it

BPC consolidates its expansion into Latin America with takeover of Trinidad producer Columbus Energy Resources

Beyond the forecast of a ‘new normal’ that accelerates the move to a lower-carbon future, there is also a scenario where change is retarded

Beyond the forecast of a ‘new normal’ that accelerates the move to a lower-carbon future, there is also a scenario where change is retarded

Beyond the forecast of a ‘new normal’ that accelerates the move to a lower-carbon future, there is also a scenario where change is retarded

While low demand and prices for oil and gas have pushed the transition down the list of priorities for many companies, the impact is likely to be only short-term

While low demand and prices for oil and gas have pushed the transition down the list of priorities for many companies, the impact is likely to be only short-term

The EU is pursuing a unified approach to the energy transition, while individual US states are taking the initiative on the road to a broadly similar destination

The EU is pursuing a unified approach to the energy transition, while individual US states are taking the initiative on the road to a broadly similar destination

The North Sea fractured basement specialist’s dependence on one producing well at its Lancaster project is causing concern

Lack of midstream takeaway capacity had been a growing concern for years, but Covid-19 has reversed the danger

The Erdogan regime is further shaking up the East Mediterranean geopolitical and energy landscape

State-controlled energy companies are well placed to lead the decarbonisation vanguard but must weigh other key government priorities

The fuel may appear to be in terminal decline, but it remains the focus of Great Power competition, suggesting it is not dead yet

The fuel may appear to be in terminal decline, but it remains the focus of Great Power competition, suggesting it is not dead yet

Despite arduous operating conditions, Covid-19 further challenging the economics and the threat of further Western sanctions, growth in the region remains a core priority for the government

Oil and gas companies are largely maintaining their investment in the energy transition. If they do not, there are plenty of other firms looking for opportunities

Traders see the positives as producers commit to even greater respect for quotas

Economic reality is likely to stall the breakneck speed of the Brazilian firm’s asset sales plan

Reforms in response to the last industry downturn have equipped Abu Dhabi’s oil heavyweight to cope with the current crisis

The green hydrogen approach increasingly favoured by the EU and some western US states may not be suitable for other regions

North Sea developer eyes cut-price production to bolster its balance sheet

Rapid expansion beyond core natural gas assets has stretched the firm to the verge of bankruptcy

Grasping the lessons from the mistakes of other countries in the region will be vital to maximising the country’s resource potential

The deployment of the Yavuz in a section of the Mediterranean claimed by Cyprus pushes the region closer to open conflict

The US LNG specialist takes delivery of a tenth regasification-enabled vessel as a shipping boom continues unabated

The major’s decision to seek a buyer for its Australian liquefaction stake could be the harbinger of further realignment in feedgas projects

Covid-19 is having a multi-faceted impact on existing and proposed emissions trading initiatives

The pandemic has demonstrated the downside of relying on one global centre of production and long-distance supply chains

The pandemic has demonstrated the downside of relying on one global centre of production and long-distance supply chains

The world could be put “on track for net-zero emissions by 2050” if governments implement the partnering institutions’ “build back better” post-pandemic economic recovery plan

The world could be put “on track for net-zero emissions by 2050” if governments implement the partnering institutions’ “build back better” post-pandemic economic recovery plan

Decarbonising the energy system must go beyond expanding the utilisation of renewable energy to include measures that tackle emissions from continued hydrocarbon production and consumption

Domestic crude production will continue to be squeezed despite the modest oil price upturn and faces a long-term existential threat in the form of the Democratic manifesto

Wind and solar energy generation have increased even though total energy demand has fallen during the pandemic

Wind and solar energy generation have increased even though total energy demand has fallen during the pandemic

The US oil capital may be battling both the oil price crash and a Covid-19 resurgence, but there are still reasons to be optimistic

A new mega-refinery is meant to concentrate rather than expand capacity. But it may not work out that way, and may have other knock-on effects