Leader

Analysis

  • Angola looks ahead to a better year This year should see growth in oil output, first LNG exports and growing exploration in high-potential pre-salt areas – but new-field developments are still lagging, Martin Quinlan writes


  • Discoveries rise to 96 in Angola's deep water Angola’s deep-water licences now hold 96 large oil discoveries, but exploration drilling in many blocks has ground to a halt, Martin Quinlan writes


  • Saudi Arabia’s juggling act The kingdom is poised to play a key role in shaping this year’s oil market, but it must maintain a delicate balance between global and domestic demands. James Gavin reports


  • Sudan’s oil war intensifies South Sudan is again locked in conflict with its former rulers in Khartoum. This time, oil is the weapon of choice for both, writes Anthea Pitt


  • Chipping away at Gazprom’s contracts With demand in its largest market declining, Gazprom is making price concessions to its big European gas customers. Will its passion for oil-indexed prices be next to succumb, asks Kwok W Wan


  • A bigger Kinder Morgan One of Kinder Morgan’s corporate mottos is "keep it simple". Yet its planned take-over of El Paso is proving anything but. NJ Watson reports


  • Durban: now for the hard part Global leaders agreed – yet again – that reaching a new climate deal is crucial to fight global warming. But will there be action to give substance to the talk? Ian Lewis reports


  • LNG boom or bust for Australia Inpex and Total are pushing ahead with Ichthys LNG. But can the country – and the market – sustain such ambitious development plans?


  • Tanker firms batten down the hatches A year of survival and consolidation lies ahead, with over-capacity hanging over the oil-shipping industry, writes Ian Lewis


  • Door creaks open on Myanmar’s gas Tentative steps towards democracy may herald the end of economic sanctions and an upstream beginning for Myanmar. But Asia’s NOCs still hold the strongest hand, writes Oliver Nevans


  • Arctic investment competition heats up Sustained high oil prices and strategic fiscal terms and are creating viable upstream openings in the Arctic. Russia is leading the way, write Pedro van Meurs, Barry Rodgers and Jerry Kepes*


  • The Hormuz red herring Talk of conflict in the Strait of Hormuz misses the real threat to the global oil market, says Derek Brower


  • Hormuz: the world's LNG choke point How, if at all, asks Kwok W Wan, would shutting the Strait of Hormuz affect European gas and Asian LNG prices?


  • How UK oil and gas policy was made The volatile history of UK offshore oil and gas policy provides a number of lessons for emerging producers, Martin Quinlan writes


  • 2011: A year that defied predictions


World oil and gas production



RESOURCES



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