Two of the basin’s larger producers consider ways to cash in on relatively greener production
Petronas, PTT and Pertamina are pursuing divergent strategies after coming to dominate the region’s upstream in recent years
The Saudi heavyweight’s international downstream expansion strategy will need another reboot
The move towards a more sustainable energy mix must not penalise the continent
The firm still faces challenges balancing economics with politics
Prospects look bright for 2022 as bullish companies predict production growth and exploration activity
The country’s upstream strategy seems at odds with reality and will require an about-turn if there is any hope of meeting its production targets
Delhi is looking to the Mideast for energy investment, oil ministry secretary Tarun Kapoor tells Petroleum Economist
The US president talks the talk on urgent decarbonisation, but cannot ignore bilateral midstream dispute between Michigan and Canada
The offshore region is poised to significantly ramp up production as more midstream gas infrastructure reaches startup and divestments keep coming
No mention of the potential UKCS development in Scottish leader’s address to her party
The Eurasian giant has announced an aggressive decarbonisation plan while striving to relieve Europe’s power crunch
Foreign companies are enthusiastic about Vietnam’s LNG prospects, but risks persist
Strong global gas prospects and high-quality inventory are driving a big swing in M&A activity in the basin
Extreme price volatility as electricity systems adapt to greater intermittent renewable penetration serves as a reminder of the role legacy assets still have to play
The company’s upstream digital strategy is increasingly turning to machine-learning and AI capabilities
Greening strategies in the east are creating strong prospects for states to increase gas exports
Adoption of proactive technologies will be crucial for the oil and gas sector to meet its decarbonisation goals while staying financially competitive
The Japanese LNG buyer is looking to avoid a repeat of last year’s supply crunch
Nearly 30 years since the original agreement, Iraq’s route to the Red Sea may be in sight
The firm’s LNG-to-power development will be the first in Vietnam to be fully privately owned
For over 200 hundred years, the world has relied on fossil fuels for affordable, reliable energy. How does it get to an economy based on greener energy without triggering an adverse reaction?
The fuel is too strategically important for China to give it up entirely
How the cartel reacts to record release of barrels is the key variable for oil markets
The pace of digital adoption is only going to accelerate in the oil and gas sector, but much more needs to be done to entice talent
No extravagant spending is planned ahead of a capital-intensive push towards a lower carbon footprint
The country’s refining capacity will peak below a government-set cap
The state-controlled heavyweight may miss its 2021 upstream target despite downgrading original guidance
Sources of capital for supply to meet future oil and gas demand are evolving
Global decarbonisation pressures notwithstanding, the Emirati giant is determined to extract maximum residual value from its crude oil endowment
Government policies and unpredictable weather patterns mean supply and demand will be on a knife edge
Greater digital maturity will be an important factor in the race to cut emissions and shift to lower-carbon energy
The North American powerhouse will need to develop several energy transitions to green its economy, but has taken important baby steps
At least one, and potentially two, regasification terminals are due to come online next year
High prices bolster Australian upstream developments
Change can bring volatility. And there is significant change ahead
Russia and Norway take divergent views on how to tackle current price volatility
The Anglo-Irish independent continues to refocus on key assets
In the wake of positive financials, the Argentinian operator is lifting capex spend and is bullish on barrels
Too much gas could accelerate decommissioning of key remaining asset
The Asian country is looking for foreign investors to build a second regasification terminal
The shipping industry is charting its own course to decarbonisation
Utility still sees at least a short-term need for gas even as Vopak steps back from proposed import terminal
Japanese joint venture to buy share in the project’s operating company
The Asian giant may need to increase coal supply to outlast the winter, but it is clearly greening its long-term energy policy
The Anglo-Irish independent will pre-empt former partner's divestment
Shale producers are cautiously eyeing Opec+ before lifting capex while substantially trimming hedging
Papuan court approval sees the deal pass another milestone
The region’s foremost operators are frontrunners in the global shift to lower-carbon energy
The sector must curb emissions, not merely rely on offsets
Aker BP gives up on Arctic exploration, but Lundin expands its presence
Increased fiscal pressures and net-zero carbon pledges should pave the way to permanently phase out subsidies
Africa’s unique energy access challenges mean LNG will be an essential bridging fuel for the transition
Indonesian NOC on track to complete Balikpapan expansion on schedule
KPC chief claims remediation is just around the corner, but his assessment appears improbably upbeat
Project sees growing domestic role for Mozambican gas
The big oil and gas companies are faced with the prospect of losing a large part of their market as the world transitions away from fossil fuels. Can they carve out a positive role for themselves?
Lower 48 production in the Texas and New Mexico shale play is poised to generate a mountain of cash over the next half-decade
The cartel opts not to spring any surprise by swifter loosening of the supply shackles
Historians believe humans have used some sort of money for buying and selling for more than 30,000 years and, over those 30 millennia, our methods of establishing value for these transactions have evolved. In the digital age, commodity prices should be no different
State-sponsored oil companies will either sink or swim as the energy transition gathers pace
An international partnership will support the country’s decarbonisation plans, world leaders announced at the Cop26 conference on Tuesday
Rising demand and a legacy of coal-fired developments could hinder the energy transition in the region
Decision may prove critical to the viability of the next tranche of regional projects
Questions are being asked about the continent’s gas suppliers in the wake of a price crunch. But the trend is less engagement with the global LNG market, not more
The Paris-based intergovernmental organisation has its eyes firmly on a net-zero future. Opec not so much
Climbing commodity prices and rampant drilling activity are lifting shale production guidance
Chemicals represent both an economic and environmental boon in the energy transition, according to Saudi Arabia’s Sabic and PIF
All eyes are on Beijing as forecasters debate the prospects for the recovery of Asia’s oil demand
The Norway-focused IOC/private equity company is mulling a flotation
The UK upstream regulator is unhappy at partners in the field dragging their feet on the sale of ExxonMobil’s stake
Asia’s crude supply has shifted in recent months as Mideast Gulf producers have increased exports. And that trend may continue into the new year
Veteran analysts conclude that short-term risks to the longer-term trend towards net zero are overblown
The NOC must decarbonise rapidly if the UAE is to meet its emissions pledge
O&G firms must embrace greater digitisation to mitigate the impact of global warming and meet climate goals
A systematic approach is key to creating a ship security programme and ensuring the crew are involved in its delivery
Comedian’s documentary had dishonesty at its core. But its very commissioning should give the European oil industry pause for thought
A poor showing for Iranian-backed factions may add impetus to efforts to reduce import dependence
The crude-for-diluent swap deal with Iran is underway
Quarterly financial results have rebounded and prospects look even better heading into next year
While oil has grabbed the headlines for Iraq, tapping its gas potential could transform the country’s economic fortunes
President Bolsonaro considers privatising the NOC as fuel prices climb and divestments drag
The pre-production North Sea independent has put itself up for sale
Output may be climbing fast, but producers are still waiting for clarity from the government on the future of federal drilling
Abu Dhabi’s plans to raise oil and gas production are advancing despite the federation’s carbon-cutting pledges
Midstream pipeline expansion and cautious operator spending is fuelling an uptick in prices
Shell and activist investor both agree that mistakes were made in the ’00s
Is anger and a refusal to allow any comeback a useful tactic to shake up cosy complacency? Or is reasoned debate more useful?
Upward price pressures may benefit producers, but consumers will be hoping for a mild winter this year
State-owned South African utility Eskom is seeking financial backing for its decarbonisation efforts, including the construction of at least 4GW in gas-fired generation capacity
The ongoing global energy crunch underlines the difficult task facing China’s leaders in balancing energy supply security while reaching net zero in the next 40 years
The US super-indie is divesting its assets in the country
Midstream takeaway has returned to normal in Colombia, paving the way for production growth opportunities
Industry figures warn the quixotic British prime minister might choose Glasgow talks to make a grand gesture on the UKCS’ future
The country’s push to become an LNG importer is gathering pace, bolstered by the island nation’s location on major shipping lanes
The continent needs more regional cooperation to expand its gas sector, panellists told Petroleum Economist’s LNG to Power Forum
Strong market conditions are encouraging private producers in Texas and New Mexico to lift drilling activity
The NOC has added another sale to its long list of divestment targets
The beleaguered E&P sector can breathe easier after legal ruling against the environmental NGO. But it has taken its message directly to the heart of the political establishment
In the longer term, the two Gulf heavyweights may become gas exporters. But Egypt’s return to the table could be in doubt