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New Zealand is back open for business
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
New Zealand’s gas horror story will haunt for years to come
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
The looming risks of a US-Venezuela war
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
Explainer: What do Russia’s oil giants own overseas?
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
Letter from Saudi Arabia: US-Saudi energy ties enter a new phase
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
Tax policy will shape Russia’s oil future
The consensus among market observers is that the country’s oil output will fall in the long term. Yet few recognise how Moscow’s shifting tax regime is designed to keep the next barrel commercially viable
Gas should fare better than oil under Canada’s new regime
The new federal government appears far more supportive of oil and gas than former prime minister Justin Trudeau’s climate-focused administration, but the prospects look better for the latter hydrocarbon
Letter from Europe: Western retreat raises doubts over climate leadership
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
An all-energy stance
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
From green goals to ground realities
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
Zohr gas field in Egypt
Eastern Mediterranean Politics
Wael Abdel Moati
24 January 2024
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Outlook 2024: Uncertain outlook for East Med

The geopolitical risks of the East Med could affect regional energy integration and global markets

The ongoing conflict in Gaza had an immediate impact on East Mediterranean gas supply and, if prolonged, could lead to a future of uncertainty around gas development plans and energy integration among regional players. Over the past few years, East Med gas has gained increasing momentum from the international community, following the discovery of the giant Zohr gas field offshore Egypt in 2015 and its fast-track development in less than 30 months. Zohr was a game-changer for Egypt as it helped the North African nation to stop importing LNG and turned it into a net gas exporter. Zohr was not the first gas discovery in this region, with the Tamar and Leviathan fields offshore Israel discovered

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Canada’s Asian pivot faces hurdles
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
Outlook 2026
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
New Zealand is back open for business
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
New Zealand’s gas horror story will haunt for years to come
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal

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