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Outlook 2026: Building balance – A dual-track strategy in a changing energy landscape
As global energy systems evolve to meet shifting demand and transition pressures, maintaining reliable hydrocarbon supply remains essential to energy security
Canada's oil growth optimism
Companies are bullish despite combined effect of market volatility, tariff threats, regulatory issues and midstream constraints
India’s refining project strengthens ties to Mongolia
The Central Asian country’s first oil refinery is being funded by a $1.7b line of credit from New Delhi, but routes in and out of the country remain controlled by Russia and China
Outlook 2026: Grand plan for offshore leasing should give boost to US Gulf
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
Outlook 2026: The US energy paradox – Efficiency at home, influence abroad
The US’ domestic energy market may be stagnating, but its role in the global energy system looks set to bloom
Outlook 2026: Trump’s LNG diplomacy will likely run into commercial, regulatory reality
The president is aiming for ‘energy dominance’ via LNG sales, largely to Europe, but supply is set to outstrip demand, and EU regulations remain a stumbling block
Outlook 2026: US onshore holds steady at sluggish rate as shale stagnates
As contradictory as it might seem, US oil output has continued to grow over the last several years, even as drilling in the shale plays has maintained a slow decline. This improbable dichotomy is a testimony to the industry’s technological prowess
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
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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