Corporate and marketshttp://www.petroleum-economist.com/RSS.aspx?FeedID=2165©2016 Petroleum Economist60Corporate and marketsNovatek still bullish on Yamal LNG prospectCut off from Western financing, the Russian gas firm is relying on Chinese and Russian backers to fund its export projecthttp://www.petroleum-economist.com/Article/3526619/Novatek-still-bullish-on-Yamal-LNG-prospect.htmlWed, 03 Feb 2016 00:00:00 GMTJodi shines light on the oil marketEveryone likes transparency, but not everyone likes to share data. The IEF is still convinced its Jodi database is the answerhttp://www.petroleum-economist.com/Article/3526632/Jodi-shines-light-on-the-oil-market.htmlWed, 03 Feb 2016 00:00:00 GMTDebts threaten Latin America’s state oil companiesPetrobras, PdV and Pemex facing mounting financial pressures. Expect deep spending cuts http://www.petroleum-economist.com/Article/3526528/Debts-threaten-Latin-Americas-state-oil-companies.htmlWed, 03 Feb 2016 00:00:00 GMTA Saudi-Russia deal to cut?Both countries want higher oil prices. But a troubled history and near-term market dynamics suggest the time is not yet ripehttp://www.petroleum-economist.com/Article/3526000/A-Saudi-Russia-deal-to-cut.htmlTue, 02 Feb 2016 00:00:00 GMTBottoming out: the fragile recovery of the oil marketThe good news is that the fundamentals should start to improve. But speculation abounds that oil could get caught in the wider market downdrafthttp://www.petroleum-economist.com/Article/3523877/Bottoming-out-the-fragile-recovery-of-the-oil-market.htmlTue, 26 Jan 2016 00:00:00 GMTHenry Hub pricing and Brent slump create buyer’s market for LNG The new pricing system in global liquefied natural gas (LNG) markets was intended to offer a lower-cost alternative to oil-linked sales contracts. As oil prices have slumped and a global LNG supply glut persists, it has become a buyers’ markethttp://www.petroleum-economist.com/Article/3523888/Henry-Hub-pricing-and-Brent-slump-create-buyers-market-for-LNG.htmlTue, 26 Jan 2016 00:00:00 GMTGlobal market in 2016 drowning in oilIEA and Opec see a grim 2016 for oil markets due to oversupplyhttp://www.petroleum-economist.com/Article/3523886/Global-market-in-2016-drowning-in-oil.htmlTue, 26 Jan 2016 00:00:00 GMTAbsence of consensus underlines Brent Q1 price forecastsOil-market analysts have forecast a $25 a barrel range in average Brent prices in the first three months of 2016. But all agree that the global crude benchmark will rise by at least $5/b by the end of the yearhttp://www.petroleum-economist.com/Article/3523885/Absence-of-consensus-underlines-Brent-Q1-price-forecasts.htmlTue, 26 Jan 2016 00:00:00 GMTEni’s big bet on a recoveryThe Italian major faces a number of headwinds, but its upstream focus should leave it primed to capitalise on any oil-price revivalhttp://www.petroleum-economist.com/Article/3523148/Enis-big-bet-on-a-recovery.htmlFri, 22 Jan 2016 00:00:00 GMTIs Chinese oil demand starting to crack?Signs of weakness abound. But the country's robust consumption of gasoline remains a wildcard for the markethttp://www.petroleum-economist.com/Article/3522778/Is-Chinese-oil-demand-starting-to-crack.htmlThu, 21 Jan 2016 00:00:00 GMTIndonesia’s lucrative market for OpecJakarta wants to clean up its energy sector and hopes big Mideast exporters take up the investment opportunities it createshttp://www.petroleum-economist.com/Article/3522316/Indonesias-lucrative-market-for-Opec.htmlThu, 21 Jan 2016 00:00:00 GMTSuncor doubles down with Canadian Oil Sands takeoverThe company’s $4.5bn deal for Canadian Oil Sands makes it the undisputed champion of the oil sands. It’s a big bet on a recovery in priceshttp://www.petroleum-economist.com/Article/3522628/Suncor-doubles-down-with-Canadian-Oil-Sands-takeover.htmlThu, 21 Jan 2016 00:00:00 GMTAlberta feels the painHome to the marginal barrel, Canada’s energy patch is hurting from the price collapse. But oil sands output is still rising and resistance is buildinghttp://www.petroleum-economist.com/Article/3522296/Alberta-feels-the-pain.htmlWed, 20 Jan 2016 00:00:00 GMTSaudi Arabia’s new broom reaches its energy pricesThe partial lifting of fuel subsidies included in the kingdom’s 2016 budget represents a change to the assumptions on which the economy is based, and could eventually prompt calls for greater public representationhttp://www.petroleum-economist.com/Article/3521813/Saudi-Arabias-new-broom-reaches-its-energy-prices.htmlMon, 18 Jan 2016 00:00:00 GMT"The US is now our competitor"Margaret McCuiag-Boyd has one of the toughest jobs in global oil - reviving Alberta's oil sector in the face of wilting prices and persistent opposition. In an exclusive interview, Shaun Polczer meets the province's energy ministerhttp://www.petroleum-economist.com/Article/3521703/The-US-is-now-our-competitor.htmlMon, 18 Jan 2016 00:00:00 GMTPolitical changes in Latin America signal new investmentsEconomic troubles across the continent have opened the door to a new crop of leaders who could be much friendlier to foreign investorshttp://www.petroleum-economist.com/Article/3521394/Political-changes-in-Latin-America-signal-new-investments.htmlFri, 15 Jan 2016 00:00:00 GMTWill Iran's opening be slower than expected?Sanctions are about to be lifted but Iran is finding it difficult to convince foreign oil companies to invest in its ambitious oil and gas programmehttp://www.petroleum-economist.com/Article/3521110/Will-Irans-opening-be-slower-than-expected.htmlThu, 14 Jan 2016 00:00:00 GMTAbsence of consensus underlines Brent Q1 price forecastsOil-market analysts have forecast a $25 a barrel range in average Brent prices in the first three months of 2016. But all agree that the global crude benchmark will rise by at least $5/b by the end of the yearhttp://www.petroleum-economist.com/Article/3520528/Absence-of-consensus-underlines-Brent-Q1-price-forecasts.htmlWed, 13 Jan 2016 00:00:00 GMTRasGas-Petronet deal heralds a new era for LNGBuyers, not exporters, are now in command of an oversupplied market, as a new Qatar-India supply agreement showshttp://www.petroleum-economist.com/Article/3520536/RasGas-Petronet-deal-heralds-a-new-era-for-LNG.htmlWed, 13 Jan 2016 00:00:00 GMTParis climate deal highlights long-term risk for oil and gas as coal staggers COP21 served as a reminder that the energy paradigm is changing, and fossil fuel producers would be wise to stay ahead of the curvehttp://www.petroleum-economist.com/Article/3520374/Paris-climate-deal-highlights-long-term-risk-for-oil-and-gas-as-coal-staggers.htmlTue, 12 Jan 2016 00:00:00 GMTThe deepening crisis at Sete BrasilThe Brazilian rig builder once had a bright future. Now the Carwash scandal and mounting debts have left it on the brink of bankruptcy http://www.petroleum-economist.com/Article/3520188/The-deepening-crisis-at-Sete-Brasil.htmlTue, 12 Jan 2016 00:00:00 GMTCan the EU cope without Groningen?Output from the Netherlands’ giant gasfield, a stalwart of European gas supplies for decades, is falling sharply, increasing the continent’s need for importshttp://www.petroleum-economist.com/Article/3519290/Can-the-EU-cope-without-Groningen.htmlThu, 07 Jan 2016 00:00:00 GMTLibya on the brinkHopes for the UN's unity government are fading, IS is capitalising on the chaos, renewing its assault on energy infrastructure, and the drumbeat for Western intervention is getting louderhttp://www.petroleum-economist.com/Article/3519249/Libya-on-the-brink.htmlThu, 07 Jan 2016 00:00:00 GMTSaudi Arabia and Iran square upThe Saudi Arabia-Iran crisis will result in prolonged sectarian tension in the Gulf and an escalation in the region's conflict. However, Gerald Butt says a deliberate military conflict between the two can be discountedhttp://www.petroleum-economist.com/Article/3518831/Saudi-Arabia-and-Iran-square-up.htmlWed, 06 Jan 2016 00:00:00 GMTWinter of discontent for US gas producersIt hasn’t felt much like winter in many parts of the US thanks to El Nino, and that has helped push natural gas prices to their lowest level in more than a decadehttp://www.petroleum-economist.com/Article/3516719/Winter-of-discontent-for-US-gas-producers.htmlWed, 23 Dec 2015 00:00:00 GMTUS exports rise after surge in oil and gas productionThe increase in US oil and gas production will be felt in nearly every corner of the global energy market for years to comehttp://www.petroleum-economist.com/Article/3515086/US-exports-rise-after-surge-in-oil-and-gas-production.htmlThu, 17 Dec 2015 00:00:00 GMTUsing LNG as shipping fuel is a "game changer"Emission controls in European and North American waters mean more shipowners are ordering vessels that run on cleaner LNG, but it may remain a marginal fuel in global shipping without further instruction from the UN’s International Maritime Organisationhttp://www.petroleum-economist.com/Article/3515082/Using-LNG-as-shipping-fuel-is-a-game-changer.htmlThu, 17 Dec 2015 00:00:00 GMTArgentina shale deals follow political shiftExxonMobil and Dow Chemical have announced plans to invest in Argentinian oil following the election of Mauricio Macrihttp://www.petroleum-economist.com/Article/3514705/Argentina-shale-deals-follow-political-shift.htmlWed, 16 Dec 2015 00:00:00 GMTChina approves Shell's BG Group takeover The Ministry of Commerce green light marks the last regulatory hurdle for the deal and clearing the way for a final shareholder vote in the coming weekshttp://www.petroleum-economist.com/Article/3514290/China-approves-Shells-BG-Group-takeover.htmlTue, 15 Dec 2015 00:00:00 GMTIraq’s expansion goals under pressure from lack of investmentAmbitious production expansion plans under threat as a lack of investment in southern Iraqi infrastructure disrupts progresshttp://www.petroleum-economist.com/Article/3513069/Iraqs-expansion-goals-under-pressure-from-lack-of-investment.htmlFri, 11 Dec 2015 00:00:00 GMT