Articles
10 November 2025
The Russian firm made a significant attempt to expand overseas over the past two decades but is now trying to divest its global operations
10 November 2025
OPEC+ has proven to be astute at bringing back oil production, but mysteries around Chinese buying, missing barrels and oil-on-water have left the group in wait-and-see mode
7 November 2025
The Russian company’s German assets are under Berlin’s management and are exempt from sanctions, for now, but a permanent solution still needs to be found
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
4 November 2025
Crucial structural reforms and change in operating philosophy are needed to arrest PEMEX’s ongoing decline and restore oil production growth
4 November 2025
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
30 October 2025
OPEC governor Ademola Adeyemi-Bero explains Nigeria First policy as the African producer looks to drive production back above 2m b/d and play crucial role in OPEC
29 October 2025
OPEC Governor Ademola Adeyemi Bero argues that only by prioritising oil and gas through partnerships with IOCs and stable OPEC market management can NOCs fulfil their pivotal global role
28 October 2025
Questions remain about how the phase-out will be implemented and enforced in practice
28 October 2025
The International Gas Union calls for a ‘whole-system’ approach, combining planning of gas, electricity and hydrogen networks to ensure energy systems remain flexible and resilient during the transition
27 October 2025
FID on the HI development suggests the country’s chronically under-exploited gas reserves are beginning to be properly exploited
24 October 2025
The country’s rapid output growth is an example that other producers could learn from
22 October 2025
While Syria has gas import plans and Jordan is targeting greater production, Egypt is struggling with declining output and Lebanon with the after-effects of conflict
21 October 2025
Prices risk hitting $10/bl should the tech bubble burst amid worrying economic fallout
21 October 2025
The GCC countries and other states in the region are looking to make greater domestic use of gas, both that produced at home and imported volumes
21 October 2025
Technological innovation and stricter carbon goals are redefining the economics of shale. Chevron’s Dr Johannes Alvarez weighs what’s next for unconventional producers.
21 October 2025
At the forefront of the energy transition, Ipieca guides oil and gas companies on climate, water and social performance, helping the sector scale technologies like CCUS and methane reduction while aligning global standards with sustainable development goals.
20 October 2025
A combination of geopolitical uncertainty and OPEC+ barrels has driven a renewed focus on building strategic oil stocks despite flagging demand
20 October 2025
Saudi Arabia, the UAE and Qatar are ploughing resources into gas—with a growing eye on facilitating domestic use in power and value-added sectors
17 October 2025
Beijing now appears prepared to accept discounted Russian LNG, even at the cost of heightened sanctions risk
17 October 2025
With responsible development and rigorous regulation, gas can help the region move forward not just as an energy exporter, but as a global leader in the energy transition
17 October 2025
The black-tie gala recognised the energy industry’s leading innovations and thought leaders from across the value chain
16 October 2025
Across the Middle East and North Africa, gas is taking an enhanced role in helping build out economies that need to diversify away from crude oil dependence
13 October 2025
Saudi Arabia, the UAE and Iraq appear to be only members able to increase output as Russia approaches close to maximum capacity
13 October 2025
The October 2025 issue of Petroleum Economist is out now!
10 October 2025
International and opposition media claim that two-fifths of the country’s refining capacity is offline, but the true situation is not so dire
9 October 2025
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
8 October 2025
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
7 October 2025
The government refuses to expand E&P access despite the NOC’s high debt pile, falling crude output and growing gas import dependence
7 October 2025
The Middle East NOC’s decision to exit Santos signals changing rules for Australian gas investors
6 October 2025
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
2 October 2025
Some operators are not committed to developing their gas resources, whether because they are too small or of lower priority, or because of geopolitical concerns, says Mathios Rigas
2 October 2025
Claims the country lacks alternatives to Russian oil and gas may be exaggerated, although higher costs and reduced security of supply are legitimate concerns.
1 October 2025
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
1 October 2025
More needs to be done to meet the government’s ambitious targets for gas
30 September 2025
Federal and provincial governments have passed legislation to speed the development of hand-picked projects, but failure to win Indigenous support may stymie their plans
29 September 2025
While some countries have made significant strides in reducing routine flaring and methane emissions, the global picture is still marked by slow progress and growing volumes
25 September 2025
Geopolitics is just as significant as market factors or climate action in shaping the future role of gas
24 September 2025
The dangers of a lack of oil and gas investment will leave the Middle East shouldering an even greater responsibility, with far-reaching implications for the energy landscape
24 September 2025
While the US oil major has declined to return given the sensitivities over Ukraine, Sakhalin 1 and other energy projects are temptations that will not go away
23 September 2025
Under a new Argentine president and company CEO, YPF has shed dozens of non-core assets as it doubles down on the Vaca Muerta shale and LNG
23 September 2025
E&Ps are on the lookout for the next big deepwater discovery amid questions over the Guyana and Santos basins, but technological advancements provide optimism
22 September 2025
The OPEC+ producer could bring significant idle barrels to the market in the next 12 months
22 September 2025
The UK-listed junior’s strategy is maturing prospects and then bringing on board bigger partners to continue development
19 September 2025
Progress on fixing Nigeria’s long-term oil pipeline theft problem needs to be supported by a wider strategy to avoid relapse
19 September 2025
CEO Marshall Abbott highlights success in the Llanos Basin and explains why Colombia has a lot of untapped potential
18 September 2025
The Trump administration is using energy exports to strengthen political and economic ties with allies and weaken adversaries, while simultaneously exploiting those ties to open up further markets for US energy
18 September 2025
The country’s intervention in global oil markets to stabilise prices could last well into 2026
16 September 2025
Politicians and executives alike expressed confidence in the trajectory for gas demand at this year’s Gastech, and record volumes of FIDs suggest little concern about a supply glut
16 September 2025
For the Kuwait Oil Company, a cornerstone of Kuwait’s economy, corporate social responsibility is not an optional add-on but a deeply embedded responsibility.
15 September 2025
Following its founding in September 1960, OPEC has become a key player in the global energy sector and a vital source of market stability
11 September 2025
The group is cleansing itself of non-compliers and resetting expectations as it unwinds quicker than expected in a bid to go beyond production quotas
10 September 2025
Producing, developing and harnessing gas across the continent is now a priority, but monetising and maximising the resource remains a challenge
10 September 2025
Heightened geopolitical, climate and transition risks must not drown out need for investment to meet long-term demand growth, warns the International Gas Union
8 September 2025
With Trump poised to secure a majority on the Federal Reserve Board, slashed interest rates will weaken the dollar and cause economic pain for producers
8 September 2025
New pipeline projects will boost egress from the region as the gas market expands amid datacentre demand and higher LNG exports
5 September 2025
The Russian megaproject is facing delays and strategic headwinds that could see it becoming stranded in the Arctic ice
5 September 2025
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
4 September 2025
The September 2025 issue of Petroleum Economist is out now!
2 September 2025
Plentiful supplies of LNG and weaker competition from Asia mean the continent looks in good shape ahead of the cold season
1 September 2025
The country is making its upstream sector more attractive to investors as it aims to boost production of oil and gas, with the latter the main focus
1 September 2025
The country is aiming for hub status as it boosts regas and storage capacity, but while the opportunity is great, there is much work still to do
28 August 2025
The Southeast Asian producer has reversed declining output and is pushing on with a deepwater-focused new bidding round
26 August 2025
The framework deal is more about symbolic transatlantic solidarity more than increasing actual trade volumes, according to the GECF
26 August 2025
As the move from fossil fuels to renewables retreats further into the future, energy sector leaders must overcome key hurdles to sustainability for oil and gas, says Jim McFarland, vice president, programme, at WPC Energy
26 August 2025
To attract fresh talent and ensure the future of the energy industry, WPC Energy has launched several initiatives focused on engaging young professionals.
26 August 2025
The North African producer looks to be overhauling its legal and fiscal framework as it seeks to boost oil and gas output
21 August 2025
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year
19 August 2025
ExxonMobil’s MOU with SOCAR, unveiled in Washington alongside the peace agreement with Armenia, highlights how the Karabakh net-zero zone is part of a wider strategic realignment
19 August 2025
OPEC and the IEA have very different views on where the oil market is headed, leaving analysts wondering which way to jump
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher
11 August 2025
The administration is pushing for deregulation and streamlined permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
6 August 2025
Diesel market disruptions have propelled crude prices above $100/bl twice in this century, and now oil teeters on the brink of another crude quality crisis
5 August 2025
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
1 August 2025
A number of companies have filed arbitration claims against Gazprom over non-deliveries of contracted gas or other matters—and won. The next step is to collect the award, but this is no easy task
1 August 2025
Europe’s refining sector is desperately trying to adapt to a shifting global energy landscape and nowhere is this more apparent than in its largest economy
1 August 2025
The Middle East natural gas playbook is being rewritten. The fuel source offers the region a pathway to a cleaner, sustainable and affordable means of local power, to fasttrack economic development and as a lucrative opportunity to better monetise its energy resources.
31 July 2025
TotalEnergies is an outlier among other majors for remaining committed to low-carbon investments while continuing to replenish and expand its ample oil and gas portfolio, with an appetite for high risk/high return projects.
31 July 2025
The Wolin East-1 discovery is the country’s largest conventional hydrocarbon discovery and could change the energy conversation for the EU’s coal outlier.
31 July 2025
While commerciality still needs to be fully confirmed, Azule has hailed the find as a “landmark moment” for gas exploration in the southwest African country—better known for its substantial oil production.
30 July 2025
Owing to social, political and geographical factors, Canadian LNG projects are a complex proposition versus competing facilities on the US Gulf of Mexico
29 July 2025
The EU’s Russia sanctions could have far-reaching implications for India’s Vadinar-based refinery
29 July 2025
There is a good strategic case for China to sign a deal for gas supplies via the proposed Power of Siberia 2 pipeline, but Beijing’s concerns around over-dependence on a single supplier and desire to drive down the price make it relatively unlikely a contract will be finalised this year
29 July 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance
25 July 2025
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain
25 July 2025
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
25 July 2025
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand
24 July 2025
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
23 July 2025
Gas is unlikely to assume a major role in Albania’s energy mix for years to come, but two priority projects are making headway and helping to establish the sector
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
22 July 2025
Pedro Miras is the serving President of WPC Energy for the current cycle which will culminate with the 25th WPC Energy Congress in Riyadh, Saudi Arabia in April 2026. He has over 30 years of experience in the energy sector, including stints with Repsol and the IEA. Here he talks to Petroleum Economist about the challenges and opportunities the global energy sector currently faces.
17 July 2025
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends
16 July 2025
Crude quality issues are an often understated risk to energy security, highlighted by problems at a key US refinery
