Oct 2020

The Chinese NOC has made deeper commitments to clean energy. But no-one should get too carried away

The Chinese NOC has made deeper commitments to clean energy. But no-one should get too carried away

Initiatives to create market certainty and fix system constraints are creating an attractive investment environment

Initiatives to create market certainty and fix system constraints are creating an attractive investment environment

To keep pace with its ambitious targets for electric vehicle sales, the UK needs to invest heavily in charging infrastructure

To keep pace with its ambitious targets for electric vehicle sales, the UK needs to invest heavily in charging infrastructure

The shipping industry needs firm rules on how to calculate the lifecycle emissions of alternative fuels before it can start to build a low-carbon future, according to ABS

The shipping industry needs firm rules on how to calculate the lifecycle emissions of alternative fuels before it can start to build a low-carbon future, according to ABS

After the boom in JKM futures volumes, LNG traders now have another addition to their risk management toolkit

The October 2020 issue of Petroleum Economist is out now!

Offloadings accelerate as many domestic oil firms struggle to stave off bankruptcy

Majors may want to accelerate their North Sea divestments. But they may also need to dance to acquirers’ tunes

The continent could take a lot more gas this winter. But not if we return to lockdown

CEO Bernard Looney and his senior team used BP Week 2020 to explain how the major plans to pivot its business and fulfil its 2050 goal

CEO Bernard Looney and his senior team used BP Week 2020 to explain how the major plans to pivot its business and fulfil its 2050 goal

Refining and petrochemicals development may finally be gathering momentum

The country’s move away from market-based to subsidy-driven mechanisms is undermining both existing and new conventional generation

The successful test of a hybrid turbine, with hydrogen blended into natural gas, is a significant milestone on the journey to decarbonised gas grids

The Mid-East Gulf producer may need to take lessons from its peers to achieve best value in a crowded market

New European terminals can play a vital role in an era of pipeline gas decline, but only if they provide genuine flexibility for all

The sector is transforming towards a more digital, lower-carbon energy future

As Iran ramps up output, it is beginning to turn the tide on exports too

The private equity-backed producer accesses London market without having to attempt an IPO

Abuja turns to new gas promotion measures to ease the pain of removing unaffordable gasoline subsidies

Iran has succeeded in expanding its oil and gas production capacity without the help of foreign partners. But at what future cost?

Boosting the sustainability of energy systems goes hand-in-hand with improving energy security and equity, according to a World Energy Council and Oliver Wyman report

Improving drilling and completion efficiency is crucial for the industry to accelerate cashflow and remain economically viable

Industrial AI will allow plants to reach their autonomous potential

Industrial AI will allow plants to reach their autonomous potential

Industrial AI will allow plants to reach their autonomous potential

Technology has long been at the heart of capturing and storing knowledge and making it accessible. AI solutions now allow delivery of knowledge to be highly targeted and personalised

Technology has long been at the heart of capturing and storing knowledge and making it accessible. AI solutions now allow delivery of knowledge to be highly targeted and personalised

Harnessing the power of data science and real-time intelligence offers a powerful single view of the market

Harnessing the power of data science and real-time intelligence offers a powerful single view of the market

Harnessing the power of data science and real-time intelligence offers a powerful single view of the market

Upstream producers are lagging behind other sectors in leveraging the technological revolution

Upstream producers are lagging behind other sectors in leveraging the technological revolution

Pipeline deal with Tanzania and agreement with Total raise hopes of FID—but go-ahead could be delayed until 2022

Impact of virus-related restrictions on work schedules appears to be increasing

The multilateral lender flags risks of ongoing shut-ins and difficult contract negotiations

Two forecasters predict that requirements for the fuel could be higher going forward, albeit with caveats

The US experience suggests building pipelines is not enough. An effective regulatory regime is also required

The world’s second-largest vessel registering service opposes what it sees as European overreach

Federal measures to limit plastics pollution could frustrate the province’s petchems plans

Several prominent deals have helped partially salvage M&A activity, but conditions still look gloomy

Chrysaor-Premier deal could see copycats, says consultancy, but deals will need to meet strict criteria

The project has resumed after a five-month halt, but doubts are growing over its future

Long-term production project delayed as economic malaise upends upstream timeline

The country’s consumption of the fuel will double over the next 15 years, the company says

Liberalisation of energy supply infrastructure is accelerating and attracting investment beyond the state giants

Domestic acquisitions gain momentum after woeful performance across the first three quarters of the year

Renewables are attracting investors and delivering spectacular returns—but private equity funds still see opportunities in oil

Renewables are attracting investors and delivering spectacular returns—but private equity funds still see opportunities in oil

Renewables are attracting investors and delivering spectacular returns—but private equity funds still see opportunities in oil

The UK’s Conservative administration tries to offer something to everyone in the country’s energy future

The UK’s Conservative administration tries to offer something to everyone in the country’s energy future

Booming crude production in the region is helping to offset financial shock caused by Covid-19

The country may have to import additional gas to meet rising demand as domestic resource development fails to keep pace

Steadily rising demand for natural gas is bringing environmental benefits but also concern about import dependence

Steadily rising demand for natural gas is bringing environmental benefits but also concern about import dependence

The crisis-hit nation dreams of better diplomatic relations to help boost its crippled economy and unlock a gas bonanza. But dreams they may remain

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

Both the data and personal experience point to a very quick resumption of the region’s demand growth

In a buyer’s market, other producers may be better placed to win Asian LNG contracts

Virtual gas pipelines can help address the rising demand for cleaner energy

Virtual gas pipelines can help address the rising demand for cleaner energy

Increasingly flexible infrastructure is opening up new LNG markets. But the fuel’s greatest benefit is often missed

The EU is staking out a clear path towards climate neutrality, pursuant to its green deal. But national implementation in the decade ahead may fall short

The EU is staking out a clear path towards climate neutrality, pursuant to its green deal. But national implementation in the decade ahead may fall short

The Netherlands is considering whether to extend the life of its ageing nuclear plant and even contemplating building new stations

The Netherlands is considering whether to extend the life of its ageing nuclear plant and even contemplating building new stations

The engine of global gas demand growth may be at risk of a fuel problem

The South Asian tiger economy desperately needs power. But new capacity is notoriously slow to emerge

Shell and Deloitte’s influential new report found that lowering emissions was a key consideration for the vast majority of leading shipping companies

Shell and Deloitte’s influential new report found that lowering emissions was a key consideration for the vast majority of leading shipping companies

Federal and provincial government measures have supported the deployment of several world-class projects

Federal and provincial government measures have supported the deployment of several world-class projects

IOCs unencumbered by net-zero pledges can profit from a fire sale of carbon-intensive assets, even as their long-term prospects deteriorate

IOCs unencumbered by net-zero pledges can profit from a fire sale of carbon-intensive assets, even as their long-term prospects deteriorate

Opportunities to invest in offshore wind energy developments are being created by government measures from Japan to India

Opportunities to invest in offshore wind energy developments are being created by government measures from Japan to India

The emergence of a new Turkish Cypriot leader with close ties to Ankara is likely to worsen offshore tensions

Shipping is already benefitting from working groups looking into decarbonisation technology, improving safety and creating demand for low-carbon fuels

Shipping is already benefitting from working groups looking into decarbonisation technology, improving safety and creating demand for low-carbon fuels

ExxonMobil study sees significant variation in penetration of gas-fired power in 2040

It is not as simple as Beijing setting course and all other actors falling into line