18 December 2018
Pipeline dreams face the reality of trade patterns
Amid rising production and surging demand, investment in global oil and gas infrastructure increased in 2018
Global energy trends in the final months of 2018 continue to support a generally bullish outlook for oil and gas production and infrastructure construction to meet growing demand and evolving patterns of interregional trade. An improved world economy is expected to underpin solid increases in the trade of both crude oil and natural gas, and upstream market conditions are the best in recent years, but the E&P sector has continued to spend cautiously and focus on efficiency through its ongoing recovery from a downturn. Consulting firm Wood Mackenzie projected there would be about 30 final investment decisions (FID) in 2018 on oil and gas projects worldwide, but noted that operators remain
Also in this section
10 May 2024
The US’ contentious LNG permitting pause has prompted criticism from CEOs and wildly differing interpretations from politicians
9 May 2024
Pipeline boosts Canada’s oil industry by widening its export options, making it less reliant on US market and bringing Asia into the mix
8 May 2024
Despite Australia’s first import terminal nearing completion, the prospect of additional regasification projects is far from certain