Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Coal-to-gas switch drives Asian demand
Countries in the region are turning to the cleaner-burning fuel for power generation, driving demand for imports
US continues gas infrastructure buildout
The US has used booming shale production to massively expand its LNG infrastructure, but Canadian developments have not fare so well while in South America consumption outstrips production
Argentina’s upstream surge catches the attention of US shale
E&Ps are increasingly looking to the Vaca Muerta as regulatory certainty, high oil prices, growth opportunities and imminent midstream additions boost the investment landscape
Venezuela faces long road to rebuild oil production
Chevron’s agreement to boost output is a positive sign, but there is much more work to do for a national recovery
Canada’s oil and gas looks East
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
Europe’s LNG buildout slows
The EU is still weaning itself off Russian gas, but the expansion of its import infrastructure has slowed while Russia and Kazakhstan push ahead with expanding production
Mideast plans big spending on gas to meet demand
The region’s gas producers are investing heavily in the fuel in order to satisfy burgeoning demand resulting from economic growth and a shift to cleaner fuels
Gas growth cools in 2025
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
Venezuela already making oil comeback
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
Qatar’s Golden Pass dilemma
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
US Guyana Venezuela Mexico Argentina Gulf of Mexico Donald Trump Canada LNG Coal
Bill Barnes
9 August 2018
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Continental contrasts

Oil and gas production in North America is continuing its rising trend. Mexico's prospects are looking up, while Venezuela's hydrocarbon sector is collapsing

North American liquid hydrocarbons output hit 20.1m barrels a day in 2017, as production from the US and Canada offset a decline in Mexico, according to the latest BP Statistical Review of World Energy. US oil output is expected to continue to rise. The US Energy Information Administration expects oil production to grow by 1.4m b/d this year, and another 1m b/d in 2019. It also suggests natural gas output will increase by 10%, to 81.2bn cubic feet a day. As such, the US looks set to remain the world's largest oil and gas producer in 2018. Such production growth is presenting challenges to the US and its neighbours in the Americas. On the domestic front, new infrastructure is urgently needed

Also in this section
Letter from the US: This crisis Is different
Opinion
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
Middle East oil’s multi-step recovery plan
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
Decoding datacentre energy demand
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
Iraq’s pipeline dilemma
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search