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Huge Opec upstream investment needed, says IEA
 

The world is cutting down on carbon emissions, but it will continue to rely heavily on Opec oil. Opec must invest in new production capacity, says the IEA Read more...

Dawn of the gas economy
 

The world could be in its biggest energy-transition phase since the start of the oil economy; the new focus? Natural gas Read more...

EnCana: in the vanguard of the shale-gas revolution
 

Natural gas, and shale gas in particular, can solve North America's energy supply dilemma. EnCana boss Randy Eresman talks to Petroleum Economist Read more...

European oil refinery closures get serious
 

With European oil refining capacity in surplus and demand falling, Total is closing a refinery in France and other majors are likely to follow  Read more...

Saudi Aramco steps up oil-export programme
 

Saudi Arabia will spend $170bn in its energy sector in the next five years as it bets on a global resurgence in economic growth and energy demand Read more...

Gas discovery with Mozambique's first deep-water well
 

The first deep-water well drilled offshore Mozambique has come in as a substantial gas discovery for Anadarko  Read more...



 

 

The future of LNG finance
PNG LNG shows strong projects can secure financing...read more

Apache takes on the Kitimat LNG challenge
Apache's acquisition of a majority stake in the proposed Kitimat LNG export terminal makes its chance of proceeding more likely, but it will probably not presage a spate of North American export projects ...read more

Majors return to Venezuela's heavy-oil patch in a marriage of convenience
Hugo Chavez has accepted that he needs to be pragmatic and bring in foreign oil companies' expertise and capital to develop Venezuela's Orinoco heavy-oil belt...read more

Deepening power-supply crisis threatens the Venezuelan economy
Years of underinvestment and policies that encouraged rapid growth in power consumption have caught up with Venezuela's dilapidated state-run electricity sector...read more

Pemex: running to stand still
There are signs of change at Pemex, but it remains heavily indebted and doubts over its claim to have stabilised oil production have not gone away...read more

Angola: alarm-bells ring in Cabinda
The recent murderous attack on a foreign football team has allowed the Cabindan separatist movement to take the world stage – and it raises security concerns for about a quarter of Angola's oil production...read more

Angola's oil development pipeline stalls
While 24 large deep-water fields have been brought on stream off Angola and Cabinda since 1996, no new developments have been launched for 19 months...read more

Egypt: oil firms taking the rough with the smooth
Modest increases in Egypt's oil and gas reserves are keeping IOCs interested, despite concerns over investment terms...read more

Talisman Energy turns to the shale
Talisman Energy is reshuffling its portfolio, seeking growth from North America's shale-gas resources...read more

Opec: give us certainty to invest
Oil prices are in the range Opec wants. But uncertainty about the demand outlook remains a worry. Secretary-general, Abdalla El-Badri, talks to Petroleum Economist...read more

Opec to negotiate Iraq production quota status next year
Exclusive interview interview with Opec secretary-general Abdalla El-Badri...read more

Petrobras targeting supermajor status
Petrobras continues to defy gravity by maintaining its large investment programme, but must source large numbers of skilled workers to advance its expansion plans...read more

Cellulosic biofuels edging closer
The recession has hit the US biofuels industry, but government initiatives and rising oil prices are supporting development of next-generation cellulosic fuels...read more

Oil tanker rates rebound
As the recession eases and oil demand rises, day rates in the oil-tanker market have rebounded. But the sector's susceptibility to volatility should not be underestimated...read more

Light at the end of the tunnel for tanker companies
Tanker companies are hoping for a market recovery in 2010...read more

Foreign technology fuelling China's shipbuilding dream
Rapid growth in China's shipbuilding industry is attracting numerous equipment suppliers and manufacturers to the country...read more

Mideast Gulf marine and offshore oil services market prospers
Investment in shipyard capacity and technology is paying off, with the Gulf region undertaking increasingly sophisticated work in both the marine and oil services sectors...read more

Coal gasification: unlocking the potential of low-quality coal
For countries with large, even low-quality, coal reserves, gasification technology can enhance energy security while reducing energy costs...read more

Clean-tech: let battle commence
The struggle for leadership in clean-energy technology pitches the ingenuity and know-how of Silicon Valley against the industrial might of China...read more



 

 
Petroleum Economist Key Analysis

 


The oil world and its villains

In a new book, journalist Peter Maass takes a voyage into the troubled regions of the world and finds oil corrupting almost everything it touches...read more

Petroleum Economist Key Focus

 


Oil industry's increasing focus on CSR

Are oil companies acting responsibly yet, asks Professor Jedrzej George Frynas ...Read More

Petroleum Economist Awards


The Petroleum Economist Awards 2010 - Nominations now open. Find out more about this year's Awards here...

 

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