Tagged With Upstream
Letter from Pakistan: More oil and gas needed, not less
28 November 2023
Countries such as Pakistan will require fossil fuels for a long time to come, requiring a reframing of the narrative around the energy transition
Chevron deal energises the Bakken
27 November 2023
The major’s acquisition deal could keep oil production in the mature play going for longer
Oil India sets ambitious drilling target
23 November 2023
The state-owned firm will drill 60 wells in the current financial year as India strives to reduce its import dependence
US upstream shows restraint
16 November 2023
The disciplined spending trend seen in 2023 is likely to continue into 2024
Libya’s upstream promise still hamstrung by instability
2 November 2023
But the troubled north African nation is not short of international investment interest
Alaska’s tentative upstream revival
31 October 2023
The war in Ukraine has given new impetus to oil and gas projects in the US’ most northerly state, but two proposed LNG projects may still struggle to reach FID
Nigerian companies assume growing oil and gas sector role
24 October 2023
Law firm Olaniwun Ajayi grants Petroleum Economist detailed insight into Nigeria’s changing oil and gas landscape
Thai oil production poised for modest rebound
12 October 2023
Efforts by independents and NOC PTTEP will help boost production this year, but the sector is increasingly mature
Longboat splits attention between Norway and Malaysia
5 October 2023
CEO Helge Hammer speaks to Petroleum Economist about the company’s recent activities and its expansion plans
Libya targets 2m b/d oil before 2030
28 September 2023
Oil minister Oun sends out cautiously optimistic message on oil and gas outlook and says pilot project ready to unlock huge shale reserves key to further growth
US shale response to oil price boost may be muted
18 September 2023
Behind the rig count data lie differences between public and private operators, acreage questions, the lure of returns and unwavering capital discipline
Uruguay-focused independent upbeat on farm-in deal
14 September 2023
AIM-listed Challenger is seeking partners to help develop its licences off the coast of Uruguay
Arc of instability threatens Sahel’s upstream, pipeline ambitions
11 September 2023
Coups and geopolitical rivalries complicate energy projects in the expansive region
Brazilian upstream enjoys bumper year
1 September 2023
Soaring pre-salt production sees Latin America’s largest country pull away from the local competition
Forecasts of oil sands’ demise greatly exaggerated
18 August 2023
Canadian regulator the CER’s Global Net-Zero scenario paints a gloomy picture for the oil sands, but the analysis may be fundamentally flawed
Explorers return to Libya despite fragile security
15 August 2023
Peace means progress for Libya’s upstream, but disruption is never far away
Afentra continues Angolan portfolio expansion
4 August 2023
The UK independent sees Block 3/05 as key to its growth ambitions in Angola’s maturing upstream
Ghana poised for short and medium-term oil boosts
24 July 2023
New wells at the Jubilee field will lift output in 2023, while the Pecan field offers longer-term prospects if development can be progressed
Optimism grows around Mexican upstream
17 July 2023
Things are looking up for exploration and production in Mexico, with new finds and developments set to boost output in coming years
Trinidad & Tobago looks to awaken the Dragon
7 July 2023
The island nation’s energy minister delivers a bullish outlook on oil and gas both home and abroad
Suncor getting back on track
28 June 2023
New management looks to focus on oil sands firm’s core upstream and downstream business
Senegal eyes global and domestic energy markets
14 June 2023
Dakar is keen to meet its own energy needs, even as major export projects near start up
Namibia keen on active role as it firms up energy ambitions
12 June 2023
The southern African country’s plans include NOC portfolio diversification and boosting domestic gas consumption
Angola announces 2023 bidding roadshow
8 June 2023
Roadshow will be for blocks in the Kwanza and Lower Congo Onshore basins, with technical session on 19 June
Asia’s NOCs chart paths to decarbonisation
5 June 2023
But none of the companies are poised to abandon oil and gas anytime soon
Exploration basins of the future
2 June 2023
Exploration has rebounded since the pandemic while also becoming more focused. Petroleum Economist looks at the basins likely to see the most upstream activity over the coming years and at developers’ investment criteria
Oil sands face uncertain future in post-peak world
31 May 2023
The long-term prospects for the sector may depend on the rate of decline in global oil consumption
Farm-out chill stymies UKCS optimism
26 May 2023
The potential of a play-opening discovery is shackled by lack of investor appetite
Oil industry faces long-term investment crunch threat, says IEA’s Bosoni
25 May 2023
‘Mature’ US shale industry, stranded asset risks and clean tech challenges mean sufficient energy supply could be in doubt beyond this investment cycle
US shale starts 2023 in ‘realistic’ mood
25 May 2023
First-quarter shale results show ongoing restraint amid signs of cost deflation
Adnoc focuses on gas for expansion drive
15 May 2023
The Emirati giant is keen to reinforce its status as a net gas exporter while remaining cost-conscious even as it splashes its oil windfall
Africa must end foreign dependence, says Appo
12 May 2023
Regional energy body pushes for new strategies to develop the continent’s resources
Technology the answer for oil sands’ net-zero goals
9 May 2023
The six Canadian producers of the Pathways Alliance look to employ technical innovation and energy efficiency to reach scope one and two targets, says group president Kendall Dilling
Beacon Energy reveals German upstream plans
5 May 2023
The independent sees a long-term future for German oil production, despite the country’s influential green lobby
Central Africa’s upstream attracts IOCs
4 May 2023
Recent announcements demonstrate sustained interest in the mature region, especially among independents
Higher capex needed for projected oil sands growth
25 April 2023
Producers are not necessarily using their cash on oil sands output
Niger to start crude exports by end-2023
18 April 2023
The country is on track to more than quintuple its oil production and enter the global export market later this year
India sees crucial role for oil as it eyes investment
12 April 2023
Director general of Fipi oil and gas industry body optimistic on E&P success and foresees a doubling of refining capacity over next ten years
US-Europe crude flow keeps records tumbling
5 April 2023
Continued increases in lighter, sweeter US barrels heading across the pond have boosted gasoline supply from European refiners, but for how long can volumes keep rising?
Chad nationalises ExxonMobil’s former assets
30 March 2023
Savannah Energy claims the assets and will contest the decision at the ICC
Letter from London: Aramco shows the West how to have it both ways
17 March 2023
Saudi NOC has a clear strategy on energy security and the transition, providing a lesson to the often confused West
Canada’s upstream on track to strengthen in 2023
14 March 2023
Coming off a strong rebound year, the Canadian oil patch is on an upward trend, with strong prices and increased spending, but political uncertainty continues to cast a pall long term
Eco Atlantic sees promise on the frontiers
13 March 2023
The independent tells Petroleum Economist it sees further opportunities in Guyana, South Africa and Namibia
US oil and gas output on the rise
13 March 2023
Surging crude prices prompted increased drilling activity last year, but debt and financing issues constrained growth
Fresh oil find stokes Namibian interest
13 March 2023
The southern African nation continues to deliver exploration success
Alberta’s savings hobbled by oil sands
27 February 2023
Potential bonanza for Heritage Fund is not without caveats
Nova Scotia looks to revive its offshore
20 February 2023
The province on Canada’s eastern coast is attempting to breathe new life into its moribund offshore oil and gas industry
Tanzanian upstream merger nears
17 February 2023
Maurel & Prom is building support for its acquisition of Wentworth, but at least some shareholders are opposed
Alaska’s Willow project faces regulatory uncertainty
15 February 2023
Even a completed environmental assessment might not guarantee progress
TotalEnergies pushes forward with oil sands spin-off
14 February 2023
The French major has expanded its stake in the Fort Hills mine to make the divestment more attractive
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