The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve
Efforts to restructure and boost investment appear to be working, but doubts remain about the plan to almost double crude production by 2030
The country’s latest licensing round attracted bids from IOCs and NOCs in a better showing than its last outreach to bidders
Companies including Shell, TotalEnergies and Chevron are turning to Suriname’s oil potential as South America’s smallest country seeks to replicate the success of neighbouring Guyana
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
Companies operating offshore assets in the region are unlikely to halt development plans for now, even as hostilities intensify
Our look into Petroleum Economist's archives continues with October 1960 coverage of another key moment in the history of oil and gas: the founding of OPEC
In an age of ‘poly crisis’ and ‘radical uncertainty’ the only thing we can say about the future is that it will not be business as usual
Uncertainty persists in South Sudan’s oil sector, potentially threatening the viability of the young nation itself
Marathon deal indicative of a maturing shale industry amid greater consolidation and fewer acquisition targets
Two big onshore developments face further delay as lenders wait on poll results within the country and in the US
The Italian IOC sharpens focus on gas but sees ‘no one solution’ to the energy transition
Oil major takes FIDs on its Polaris carbon-capture project at Scotford refinery and chemicals complex and Atlas Carbon Storage Hub