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Letter from the US: This crisis Is different
13+ hour, 50+ min ago (175+ words) Petroleum Economist Letter from the US: This crisis Is different Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and…...
Middle East oil's multi-step recovery plan
14+ hour, 36+ min ago (157+ words) Petroleum Economist Middle East oil's multi-step recovery plan Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls The closure of the Strait of Hormuz has caused the largest supply…...
Iraq's pipeline dilemma
21+ hour, 16+ min ago (121+ words) Petroleum Economist The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security Iraq's vast hydrocarbon resources position it as a key player in global energy markets, but its ability to effectively…...
Argentina's upstream surge catches the attention of US shale
4+ day, 14+ hour ago (155+ words) Petroleum Economist Argentina's upstream surge catches the attention of US shale E&Ps are increasingly looking to the Vaca Muerta as regulatory certainty, high oil prices, growth opportunities and imminent midstream additions boost the investment landscape After years of midstream…...
US continues gas infrastructure buildout
4+ day, 15+ hour ago (156+ words) Petroleum Economist US continues gas infrastructure buildout The US has used booming shale production to massively expand its LNG infrastructure, but Canadian developments have not fare so well while in South America consumption outstrips production For nearly 20 years, the US…...
Venezuela faces long road to rebuild oil production
4+ day, 20+ hour ago (154+ words) Petroleum Economist Venezuela faces long road to rebuild oil production Chevron's agreement to boost output is a positive sign, but there is much more work to do for a national recovery Optimism that Chevron's decision to expand its operations in…...
Coal-to-gas switch drives Asian demand
4+ day, 16+ hour ago (146+ words) Petroleum Economist Coal-to-gas switch drives Asian demand Countries in the region are turning to the cleaner-burning fuel for power generation, driving demand for imports Asia has been at the epicentre of gas demand growth for the past 25 years, with demand…...
Eni and BP score big in Egypt
4+ day, 18+ hour ago (171+ words) Petroleum Economist Eni and BP score big in Egypt A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal…...
In pipelines we trust
5+ day, 19+ hour ago (179+ words) Petroleum Economist In pipelines we trust The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and'amid disruption in…...
Canada's oil and gas looks east
5+ day, 21+ hour ago (157+ words) Petroleum Economist Canada's oil and gas looks east There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis In response to trade…...