http://www.petroleum-economist.com Petroleum Economist South America - the after-party continent http://www.petroleum-economist.com/articles/politics-economics/south-central-america/2016/south-america-the-after-party-continent Oil's price bust forced yet more change in Latin America's energy sector. Venezuela was worst hit Hungover down under http://www.petroleum-economist.com/articles/midstream-downstream/lng/2016/hungover-down-under Australia came good as an LNG powerhouse in 2016, but started to feel the effects of the boom's aftermath Bargain basement http://www.petroleum-economist.com/articles/midstream-downstream/lng/2016/bargain-basement A global supply surfeit made 2016 a bad year to sell LNG but a good one to buy it Some pain, some gain for Africa http://www.petroleum-economist.com/articles/upstream/exploration-production/2016/some-pain-some-gain-for-africa Crude prices hurt exporters and LNG plans idled. Violence flared in the Niger Delta. East African oil and Senegal were bright spots The slippery slope http://www.petroleum-economist.com/articles/upstream/exploration-production/2016/the-slippery-slope Europe's upstream struggled in 2016, leaving the continent more dependent on imports Resilient Russia http://www.petroleum-economist.com/articles/markets/trends/2016/resilient-russia In 2016, the country defied the doubters. Oil production kept rising and new energy-export plans made progress Tumult/Reform in the Middle East http://www.petroleum-economist.com/articles/politics-economics/middle-east/2016/tumultreform-in-the-middle-east Weak oil prices hung over the region in 2016, a year of more war but also some efforts at renewal Weaker China, stronger India http://www.petroleum-economist.com/articles/politics-economics/asia-pacific/2016/weaker-china-stronger-india It was a mixed year in Asia's energy sector, where the oil market's gaze shifted away from its stalwart to a new rising economy Stress tested http://www.petroleum-economist.com/articles/upstream/exploration-production/2016/stress-tested North America's oil and gas sector suffered in 2016, but survived its trial of strength Opec tells the market: we’re back http://www.petroleum-economist.com/articles/markets/trends/2016/opec-tells-the-market-we-re-back Saudi Arabia has accepted Iran’s terms for a deal. Now Russia has to keep its pledge to cut too Latest licensing rounds http://www.petroleum-economist.com/articles/upstream/licensing-rounds/2016/latest-licensing-rounds The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses Back in business, probably http://www.petroleum-economist.com/articles/markets/trends/2016/back-in-business-probably Opec will try to restore some control over oil markets in 2017. Quite how remains uncertain After the car wash http://www.petroleum-economist.com/articles/politics-economics/south-central-america/2016/after-the-car-wash A modest oil-price rise, and pro-investor reforms, should spark a recovery for Brazilian energy and Petrobras in 2017 Limited options for Venezuela http://www.petroleum-economist.com/articles/politics-economics/south-central-america/2016/limited-options-for-venezuela Venezuela's oil output is falling and fundamental change is needed to rescue it in 2017 Desperate Venezuela http://www.petroleum-economist.com/articles/politics-economics/south-central-america/2016/desperate-venezuela Oil output is falling and the state company is struggling to pull itself out of a dangerous tailspin Time for the revival http://www.petroleum-economist.com/articles/midstream-downstream/lng/2016/time-for-the-revival After a rough couple of years, new pockets of demand and new methods of consumption will lift prospects for gas exporters Too much LNG... for now http://www.petroleum-economist.com/articles/midstream-downstream/lng/2016/too-much-lng-for-now The global glut will persist in 2017, but recovery is only a few years away Post-traumatic efficiencies in order http://www.petroleum-economist.com/articles/upstream/exploration-production/2016/post-traumatic-efficiencies-in-order In 2017, the EandP sector needs to sharpen its focus. A price recovery, when it comes, will only reward low-cost explorers Iran - the great return: part two http://www.petroleum-economist.com/articles/politics-economics/middle-east/2016/iran-the-great-return-part-two Iran's energy sector is making progress, but political threats are lingering After Mosul http://www.petroleum-economist.com/articles/politics-economics/middle-east/2016/after-mosul Competing claims for northern Iraq will leave the post-IS settlement rife with new geopolitical risks