Leaders
East Med needs less talk, more action – Energean CEO
Some operators are not committed to developing their gas resources, whether because they are too small or of lower priority, or because of geopolitical concerns, says Mathios Rigas
YPF reinvents itself
Under a new Argentine president and company CEO, YPF has shed dozens of non-core assets as it doubles down on the Vaca Muerta shale and LNG
Challenger advances in Uruguay’s frontier
The UK-listed junior’s strategy is maturing prospects and then bringing on board bigger partners to continue development
Arrow’s oil positivity defies Colombia headwinds
CEO Marshall Abbott highlights success in the Llanos Basin and explains why Colombia has a lot of untapped potential
The uphill battle against flaring and methane emissions
While some countries have made significant strides in reducing routine flaring and methane emissions, the global picture is still marked by slow progress and growing volumes
Forward Intelligence
Middle East doubling down on oil strength
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
OPEC’s realignment
The group is cleansing itself of non-compliers and resetting expectations as it unwinds quicker than expected in a bid to go beyond production quotas
States, markets and the geopolitics of gas
Geopolitics is just as significant as market factors or climate action in shaping the future role of gas
ExxonMobil’s Russian door remains ajar
While the US oil major has declined to return given the sensitivities over Ukraine, Sakhalin 1 and other energy projects are temptations that will not go away
From green goals to ground realities
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
Deepwater’s race against time
E&Ps are on the lookout for the next big deepwater discovery amid questions over the Guyana and Santos basins, but technological advancements provide optimism
Gas sector investors must hold their nerve
Heightened geopolitical, climate and transition risks must not drown out need for investment to meet long-term demand growth, warns the International Gas Union
Letters
Letter from Italy: Faith in gas reaches new zenith
Politicians and executives alike expressed confidence in the trajectory for gas demand at this year’s Gastech, and record volumes of FIDs suggest little concern about a supply glut
Letter from Vienna: OPEC at 65
Following its founding in September 1960, OPEC has become a key player in the global energy sector and a vital source of market stability
Letter from London: Twilight outside the desert
The dangers of a lack of oil and gas investment will leave the Middle East shouldering an even greater responsibility, with far-reaching implications for the energy landscape
Letter from the US: Washington’s threat to oil exporters
With Trump poised to secure a majority on the Federal Reserve Board, slashed interest rates will weaken the dollar and cause economic pain for producers
Americas
Fear and loathing in US LNG buildout
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
Mexico’s upstream Pemex gamble
The government refuses to expand E&P access despite the NOC’s high debt pile, falling crude output and growing gas import dependence
Appalachian gas returns to steady growth
New pipeline projects will boost egress from the region as the gas market expands amid datacentre demand and higher LNG exports
US sees energy dominance as strategic necessity
The Trump administration is using energy exports to strengthen political and economic ties with allies and weaken adversaries, while simultaneously exploiting those ties to open up further markets for US energy
Indigenous opposition may slow Canadian fast-track
Federal and provincial governments have passed legislation to speed the development of hand-picked projects, but failure to win Indigenous support may stymie their plans
Asia Pacific
India’s LNG falling short
More needs to be done to meet the government’s ambitious targets for gas
ADNOC’s Australia avoidance
The Middle East NOC’s decision to exit Santos signals changing rules for Australian gas investors
China’s role as oil buffer stock manager
The country’s intervention in global oil markets to stabilise prices could last well into 2026
EMEA
Hungary defends Russian energy use
Claims the country lacks alternatives to Russian oil and gas may be exaggerated, although higher costs and reduced security of supply are legitimate concerns.
Russia’s fuel crisis: Difficult but not catastrophic
International and opposition media claim that two-fifths of the country’s refining capacity is offline, but the true situation is not so dire
Vostok Oil at risk of freezing over
The Russian megaproject is facing delays and strategic headwinds that could see it becoming stranded in the Arctic ice
Russia may defy production capacity doubters
The OPEC+ producer could bring significant idle barrels to the market in the next 12 months
Europe’s malaise offers risk and opportunity for Turkey
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
African gas emerges from oil’s shadow
Producing, developing and harnessing gas across the continent is now a priority, but monetising and maximising the resource remains a challenge
Nigerian oil theft: Breakthrough or false dawn?
Progress on fixing Nigeria’s long-term oil pipeline theft problem needs to be supported by a wider strategy to avoid relapse
Carbon Economist
An all-energy stance
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
Letter from London: Shell blasts EU carbon storage targets
Binding CO₂ injection targets for oil and gas firms are ill-defined and very unrealistic, oil major tells London CCS summit
Letter on carbon: Beyond the current trajectory
Policymakers must match their rhetoric with bolder action if they really want CCUS to scale up to meaningful levels