De la Rey Venter, CEO of LNG player MidOcean Energy, discusses strategy, project developments and the prospects for the LNG market
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
The alliance is keeping output on track and the market in balance amid geopolitical tensions and a fragile supply-demand ledger
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
Petroleum Economist takes a look at the critical developments that look set to govern the course of the market for this year
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
OPEC+ remains on track as output falls, with only Gabon failing to hit its output targets in December, although Kazakhstan’s compliance was involuntary
With the arrival of a multipolar world and 4b energy-poor people, the existing energy order is no longer fit for purpose
Heavy, sour crude and shale oil will battle for market relevance, but it may not be the sweetest barrels that taste victory
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
Oil prices look set to come under pressure next year as oversupply hits, but longer-term the risk is underinvestment as demand continues to grow past 2030
The group’s oil production declined in November, our latest analysis finds, amid divided sentiment over market balances and geopolitical jitters
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut