Articles
21 October 2024
Companies operating offshore assets in the region are unlikely to halt development plans for now, even as hostilities intensify
21 October 2024
For the tanker market, recent escalation in the Mideast conflict has largely been offset by soft fundamentals
21 October 2024
The oil markets may be poised to experience a price slump mirroring the history of the gas sector
21 October 2024
Gulf Energy Information will host the largest women's event in the energy industry on 19–20 November in Houston, Texas
18 October 2024
There is a growing impulse to nationalise Russia’s energy sector out of its difficulties, but any steps in this direction would not be taken overnight
18 October 2024
An escalation in the conflict could threaten global oil supplies, so why is the market not reacting?
17 October 2024
In our final look back into the Petroleum Economist archives, we turn the clock back to September 2016
16 October 2024
The impact from Libya’s lost barrels versus the threats to Iranian supply highlight the type of buffer in the oil market and the demand implications
16 October 2024
The Arab oil embargo of 1973 was a turning point for the global oil and gas industry. As part of our 90th anniversary series, we republish how Petroleum Economist covered this critical story
16 October 2024
The EU may be officially phasing out Russian gas, but in reality there remains potential for Turkey to help Moscow repackage its molecules for westward transit
15 October 2024
UAE energy minister warns oil sector of the chaos that may ensue without OPEC+ market management
14 October 2024
The country is looking to position itself as a bridge for gas supplies from east to west, but whether Europe will need this gas remains to be seen
11 October 2024
Industry investing in significant pipeline infrastructure to further improve the efficiencies of its network and cut costs
10 October 2024
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
10 October 2024
The October issue of Petroleum Economist is out now!
10 October 2024
Either Donald Trump or Kamala Harris will enter the White House as president in January 2025, and the gulf between their energy and climate policy agendas will have global implications
9 October 2024
Saudi Arabia has made major advances in realising its gas ambitions this year, but challenges remain
8 October 2024
History shows us that there is a long way to go from candidate proposals to policy implementation
7 October 2024
Geopolitical developments and market shifts mean US LNG will be a vital component in Europe's energy strategy and decarbonisation efforts
7 October 2024
Hopes for a recovery by the North African oil producer remain in tatters
4 October 2024
Economic ill-health may be a wake-up call to the world about the Asian nation’s shifting oil buying status
3 October 2024
The formation’s gas-to-oil ratio is set to keep rising, but new markets and midstream plans mean infrastructure constraints may not be an issue
2 October 2024
Geopolitical strife embroiling Iran and political corruption in Venezuela suggest little near-term change to oil production from either of the sanctioned states
1 October 2024
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
1 October 2024
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
30 September 2024
The days of bumper output may be behind the producer, but moderate growth could persist for some time, especially if demand and oil prices stay high
30 September 2024
China’s state-owned oil companies have succeeded in raising domestic oil and gas production, but their refining businesses are being squeezed
27 September 2024
A sanctions-defying ‘shadow fleet’ is being assembled, but it remains unclear where Russia will sell the liquefied gas while Arctic LNG 2 remains strangled by sanctions
27 September 2024
The country faces big challenges as it seeks to replace Western suppliers when it comes to LNG carriers, while sanctions have all-but halted its petrochemicals expansion
26 September 2024
As part of our 90th anniversary, we take a look at how Petroleum Economist covered key events in the history of oil and gas. Firstly, our founder Oskar Tokayer reports on Japan's war in the Pacific in January 1942
26 September 2024
The country’s widening energy deficit could have a knock-on effect on energy-intensive industries
25 September 2024
The country inherited a near self-sufficient oil and gas industry from the USSR, and it is working fast to eliminate shortfalls in its domestic capability, where advanced drilling and subsea technologies remain a vulnerability
25 September 2024
Purchasing from region will help determine if prices will stay buoyant in the second half of this decade as supply increases, with significant volumes due online in the next three years
24 September 2024
Today’s policymakers should keep in mind the history of oil and gas as they look to remake the future of energy
23 September 2024
The country’s stalled liquefaction projects are inching forward, even as upcoming elections and persistent security problems in the resource-rich north continue to pose significant hurdles
23 September 2024
The third part of the fifth chapter of our history of oil and gas turns the focus on state-owned oil and gas firms, the biggest players in the industry
20 September 2024
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks
20 September 2024
European oil and gas firms are taking a different approach to the transition when compared with their American cousins. The second part of the fifth chapter of our history of oil and gas examines the ocean separating IOCs
19 September 2024
Lack of competitiveness in refining sector and underbaked oil reserves threaten long-term stability
18 September 2024
In the first part of the fifth chapter of our history of oil and gas, we move the story on to the climate crisis and push for net-zero carbon emissions
18 September 2024
The burden of subsidies on national economies seems to outweigh their political point scoring benefits, but removing them is not an easy task
17 September 2024
Decarbonisation strategy is already hurting upstream appetite and threatening near-term energy security
16 September 2024
The third part of our fourth chapter on the history of oil takes the story of gas to the present day with the rise of LNG and the creation of a truly global market
16 September 2024
Gas is difficult to move compared with oil, requiring additional infrastructure. The second part of our history of gas examines how expanding pipeline networks made it possible to monetise the fuel
16 September 2024
The first part of our fourth chapter on the history of oil looks at the origins of gas and LNG—once considered a nuisance, now a fuel of the future
13 September 2024
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
12 September 2024
The oil alliance must navigate the good, the bad and the ugly in its showdown with the market at the beginning of December
12 September 2024
The transition to oil evokes revolution and renaissance
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion
10 September 2024
The August/September issue of Petroleum Economist is out now!
10 September 2024
The third part in the second chapter of our history of oil looks at the US shale revolution and ‘declaration of cooperation’ that created OPEC+
9 September 2024
We pick up the story of the history of oil with the response of consumer countries to the 1973 embargo, with the creation of the IEA proving the adage that every action has a reaction
9 September 2024
Continuing our 90th anniversary deep dive into the history of oil, the first part of our second chapter covers the post-war world and the beginnings of OPEC
9 September 2024
While greater focus on decarbonisation is likely, economic pressures and huge debt burden could squeeze energy policy ambitions
5 September 2024
The 20th century’s two global conflicts made clear the geopolitical importance of oil, while Russia and Saudi Arabia joined the US as hydrocarbons superpowers
5 September 2024
In the second part of our history of oil special on the ascent of the US, Russia and Saudi Arabia, we examine the early years of the age of oil
5 September 2024
In this first part of the first chapter of our 90th anniversary special on the history of oil, we look at oil’s humble beginnings and the start of its rise to prominence
2 September 2024
The island nation plans to phase out nuclear energy and substitute coal for gas, but must first overcome import capacity constraints
2 September 2024
Nuclear availability in Japan and South Korea will also be an important factor in determining overall LNG requirements
30 August 2024
PeruPetro is promoting key areas to attract investment into the country’s offshore oil and gas
29 August 2024
The country’s hunger for energy will continue to compete with its LNG exports, even as more gas projects progress and new liquefaction capacity comes online
29 August 2024
International Gas Union warns of potential global shortfall by 2030 and calls for need to boost investment to meet energy security and sustainability needs
29 August 2024
The fuel will continue to displace coal in the coming years, but after 2030 the pace of gas growth may slow
22 August 2024
In the second of our two-part 90th anniversary issue series on Russian oil and gas, we look at how energy trade with Europe brought Russia in from the cold, and how adventurism in Ukraine sent it right back out again
22 August 2024
The Russian hydrocarbons industry has evolved greatly over the past three decades. In the first of a two-part series for Petroleum Economist's 90th anniversary, we look at the post-Soviet period and how control of oil and gas went from the state to private hands and back again.
21 August 2024
Demand growth and the expiration of existing contracts mean Asian nations will become less reliant on long-term contracted supply
19 August 2024
UAE and Saudi Arabia seen lifting condensate output amid deep OPEC+ oil quota cuts and questions over capacity expansion
19 August 2024
Uncertainty persists in South Sudan’s oil sector, potentially threatening the viability of the young nation itself
12 August 2024
While calls for a gas equivalent of the oil alliance seem to do the rounds every few years, the arguments for such a group are stronger than ever
12 August 2024
The US' meteoric rise as an exporter of the super-chilled fuel has redrawn the global energy map, with far-reaching implications
12 August 2024
The awards ceremony will be held on 9 October at the Post Oak Hotel in Houston, Texas
9 August 2024
Upstream projects may not benefit from Russia’s involvement, but South Africa might be seeking to become an importer of Russian molecules
8 August 2024
Breakeven prices are a blunt but important metric for managing oil markets and helping shape oil’s direction, but Saudi Arabia and other producers also see a bigger picture
7 August 2024
Without a pipeline of developments in place, the country’s energy crisis is poised to worsen
6 August 2024
Ifeanyi Onyegiri, senior analyst for sub-Saharan Africa at consultancy Welligence, talks to Petroleum Economist about the latest controversies surrounding Nigeria’s Dangote refinery
5 August 2024
The Australian firm’s purchase represents a significant move into US LNG by an international player and will boost the planned Driftwood project after years of uncertainty
2 August 2024
Looming supply shortfalls will force some difficult political decisions
1 August 2024
But increasing domestic output ought to trim LNG import requirements
30 July 2024
Strategic stock releases designed to alleviate price shocks emanating from disruptions came into their own after the Russia crisis
29 July 2024
Indigenous-led Cedar LNG project a clear sign of a shift in activity but limits remain to how far sector can go
29 July 2024
The region, known for its crude output, has gone from product importer to exporter, easing supply worries in Europe and creating a supply glut in Asia and elsewhere
24 July 2024
Diesel and jet fuel supplies face a timebomb in just four years, and even gasoline may not be immune
23 July 2024
Rosneft’s Arctic megaproject is happening despite sanctions, a lack of foreign investment and OPEC+ restrictions. But it will take a long time for its colossal potential to be realised
19 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
19 July 2024
Major sees huge opportunities with Pavilion Energy purchase and spate of global gas moves
18 July 2024
Emirati NOC’s new low-carbon liquefaction plant to benefit from low gas cost and marketing might
17 July 2024
New reformist leadership is unlikely to see any quick changes to relations with the West, but Iran has opportunity to boost its energy and foreign policy options
15 July 2024
The controversial trimmed down version of the ‘omnibus bill’ promises to attract more foreign investment to sectors including oil and gas, but critics raise concern it still goes too far
12 July 2024
The July issue of Petroleum Economist is out now!
12 July 2024
The current wave of investment comes after Africa’s importance as an energy supplier to China has declined in recent years
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence
11 July 2024
But regulatory and feedstock issues continue to hinder the pace of progress
10 July 2024
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream, Anibor Kragha, chief executive of the African Refiners and Distributors Association, tells Petroleum Economist
9 July 2024
Chinese firms may be poised to move into trading, amid a burgeoning glut of supply and capacity
8 July 2024
But the commissioning process is ongoing and initial gasoline output may be limited
5 July 2024
Scepticism towards the energy transition reigns in the tank storage industry
4 July 2024
Marathon deal indicative of a maturing shale industry amid greater consolidation and fewer acquisition targets
3 July 2024
Two big onshore developments face further delay as lenders wait on poll results within the country and in the US
2 July 2024
The Italian IOC sharpens focus on gas but sees ‘no one solution’ to the energy transition
1 July 2024
Blocks I, VI and Z-69 represent an excellent investment opportunity in the energy sector, producing fields, accessibility, infrastructure, guaranteed market and proximity to the modern Talara refinery
