• Papa knows best The wave of so-called coloured revolutions that have swept the former Soviet Union in the past two years were all sparked by election fraud. So, naturally, there was concern that Kazakhstan, where a presidential election took place on 4 December, might be next for regime change. Isabel Gorst reports from Almaty

  • Going down With no new world-scale oilfields discovered in the last five years, companies are looking elsewhere to meet their pressing reserves-replacement targets, reports Martin Clark

  • The money gap Russia's energy sector needs large investments over the next 20-30 years, which experts say cannot be financed from domestic sources alone. NJ Watson reports

  • Laws of investment The shorter-than-expected list of resources classified as strategic – and, therefore, off-limits to foreigners – has surprised, and encouraged, many observers. But other legislative changes highlight Russia's ambivalence towards foreign investment, writes NJ Watson

  • Riding the Gulf stream The IEA has put the Middle East at the centre of its global oil production growth forecasts. But is it investing too much hope in an area rife with political risk and dubious investment regimes? Writes James Gavin

  • Big oil battles the taxman Proposals for windfall taxes gained support during a period of higher gasoline prices and populist sentiment against oil companies, but the majors are fighting their corner, reports James Gavin

  • Nuclear makes US comeback The need for energy independence and fuel diversity, environmental concerns and growing public support are behind a resurgence of nuclear power in the US, writes Ellen Lask

  • Gasoline gap unplugged Some refiners are planning to boost capacity and the government is introducing policies to encourage capacity additions. But the US' refineries are – and are likely to remain for several years – unable to keep up with the country's rapacious demand for gasoline. Anne Feltus reports

  • Revolution from above According to locals, oil in the Middle East has been more of a curse than a blessing. Is Qatar learning from the region's mistakes? Ayesha Daya reports from Doha

  • Oil sands: a shift in focus Oil-sands developers are seeing a shift in focus from the economics of production to the urgent need to establish markets, and build pipelines and plants to convert output into synthetic crude, writes WJ Simpson

  • Independents' day Robust crack spreads have proved a boon to independent US refiners, but they will remain conservative about expanding capacity. Together with a tougher regulatory environment, a continuation of tight products markets can be expected, says James Gavin

  • Economies of scale Qatar has ambitions to be the largest LNG shipowner in the world, ensuring its participation along the value chain, writes Ayesha Daya

  • Favourable times The independent storage business is doing well, on the strength of a structural increase in demand for its services. In the main trading and supply locations, surplus capacity has been mopped up by demand growth and expansion projects are being implemented, Martin Quinlan writes

  • Singapore: three new terminals Three new independent storage terminals are under construction in Singapore, all for start-up this year. The country's oil-storage business is booming and the large operators say the new capacity will be fully utilised, Martin Quinlan writes

  • NWE: business strengthens Independent storage operators in the Amsterdam-Rotterdam-Antwerp (ARA) area have seen a surge in demand for tank space. The signs are that the upturn is structural – so investments in new capacity are going ahead, Martin Quinlan writes

  • US: mixed blessings

  • Katrina forces US to tap SPR

  • Katrina forces US to tap SPR


News in brief


World oil and gas production


Latest issue: December 2015/January 2016

Political troubles to dictate 2016 oil markets

Supply and demand has ruled the market since mid-2014, but politics are about to take over again

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