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Canada’s Asian pivot faces hurdles
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
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
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
Letter from London: Oil’s golden triangle
The interplay between OPEC+, China and the US will define oil markets throughout 2026
Alberta’s energy hub sees silver lining
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
The duality of US shale
A sector beset by pessimism and pain amid price weakness contrasts with data signalling production strength and resilience
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
Turkmenistan's pipe dream
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
ADNOC’s Australia avoidance
The Middle East NOC’s decision to exit Santos signals changing rules for Australian gas investors
Fear and loathing in US LNG buildout
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
Australia Canada DRC India Sierra Leone US
7 June 2022
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Licensing round June update

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

Planned rounds Australia’s Department of Industry, Science, Energy and Resources did not announce the opening of the 2022 Offshore Petroleum Acreage Release at the annual Australian Petroleum Production and Exploration Association event, held in Brisbane, as expected. No further details are available. The Democratic Republic of Congo (DRC) will hold an auction for 16 exploration blocks—13 onshore and three offshore—across the Coastal, Graben Tanganyika and Central basins on 28-29 July 2022, the country’s ministry of hydrocarbons announced via social media. This is the first planned block auction since the adoption of a new hydrocarbons code in 2015. “The DRC has huge potential in terms of hy

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