• Opinion

  OPEC+ strikes a deal to avoid oil glut

  • 04 12月 2020

  The production cuts agreed by the OPEC+ group in April have been highly effective in rebalancing the oil market after the pandemic sent demand plunging. With hopes growing of a stronger rebound next year, some countries, led by the United Arab Emirates, have been calling for OPEC+ to stick to its plan to allow almost 2 million b/d of extra production in January. But demand is expected still to be weak in the first quarter at least, as the Covid-19 vaccines begin to be rolled out. An OPEC+ production increase of that size would have risked an oversupplied market and falling crude prices. Facing that risk, the OPEC+ ministers pulled back from the brink and agreed a production increase of just 500,000 b/d, to be reviewed for possible further increases every month.

• Opinion

  Nord Stream 2 and the battle for gas market share in Europe

  • 24 7月 2020

  The US administration and Congress are trying to prevent the completion of the new gas pipeline from Russia to Germany

• Opinion

  Biden’s clean energy plan aims at job creation

  • 17 7月 2020

  As the US faces economic crisis, the Democratic presidential challenger sees opportunities for stimulus in the energy transition

• Opinion

  Renewables, market intervention and exploration – three themes weighing on Australia upstream players' minds

  • 13 6月 2019

  Having attended many APPEA events in the past, this was the first time renewable energy sources - hydrogen in particular - were put under the spotlight.

• Opinion

  M&A shake-up on the horizon for the Australian upstream sector

  • 29 8月 2019

  We’ve identified a potential US$32 billion worth of assets that could change hands in the next few years. Many of these deals are long in the planning and reflect wider trends in the Australian and global upstream sectors. We’ve bucketed our pick of the deals into three key themes.

• Opinion

  Southeast Asian NOCs show growing appetite in global M&A market

  • 02 9月 2019

  I’ll bet that if you ask anyone with an interest in the global upstream M&A if they could name the top three spenders through the first half of 2019, they would struggle to name the third. The easy one is Occidental (Anadarko), second place is Total through its acquisition of Anadarko’s African assets. But who was the third largest acquirer by spend in H1 2019?

• Opinion

  How will refiners cope with lost oil demand?

  • 24 6月 2020

  Demand pressures, overcapacity and budget cuts mean the refining industry should brace for a challenging few years ahead

• Opinion

  How Chinese PTA and MEG futures impact the polyester industry?

  • 30 1月 2019

  The two polyester feedstocks – purified terephthalic acid (PTA) and monoethylene glycol (MEG) – in the world's most important polyester market China, have recently moved towards a total paper business.

• Opinion

  Commodity slowdown in China could be different this time

  • 05 3月 2019

  In today's meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a range of 6 to 6.5% in 2019.

• Opinion

  Does Germany need LNG?

  • 19 3月 2019

  Proposals to build a German LNG import terminal have gathered momentum. Does the country need its own supply of LNG?

• Opinion

  The Trump administration remakes US environmental approvals

  • 21 2月 2025

  Discover how Trump's new environmental policies could reshape energy infrastructure and accelerate project approvals across the US.

• Opinion

  What can we expect from energy in 2025?

  • 08 1月 2025

  The gang share their predictions for energy in 2025.

• Opinion

  Uncertainty casts a shadow over US LNG

  • 25 10月 2024

  Politics and legal actions are clouding the outlook for US exports. The election could clear some of the uncertainty, but not all of it.

• Opinion

  Climate Week NYC special: What is the role that the oil and gas industry should play in the energy transition? Does it have one?

  • 24 9月 2024

  Can the oil and gas industry really play a role in achieving net zero? Or do we need to rethink its place in the energy transition? Join the debate with Ed Crooks and guests Bjorn Otto Sverdrup and Gernot Wagner in this first Climate Week episode.

• Opinion

  Biden exit shakes up US presidential race

  • 23 7月 2024

  The election in November will have significant consequences for US energy. Uncertainty is already affecting some sectors

• Opinion

  Reducing the emissions from natural gas

  • 13 5月 2024

  Demand for natural gas is growing. So is pressure to reduce its carbon intensity. The industry’s emissions will increasingly come under scrutiny, and measurement and reporting will need to improve.

• Opinion

  President Biden aims for higher employment and lower emissions

  • 01 4月 2021

  Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.

• Opinion

  US E&Ps on a capital-raising spree

  • 26 3月 2021

  Near-zero interest rates and higher oil prices have created ideal conditions for E&Ps to issue debt. Will the capital inflows enable them to ramp up activity faster?

• Opinion

  Vaccinations point the way to energy demand recovery

  • 19 3月 2021

  It has been a rough week for crude prices, but as vaccine availability continues to widen, hopes of a sustained pick-up in activity are well founded

• Opinion

  Drone strikes attempt to disrupt Saudi oil exports

  • 12 3月 2021

  Houthi militants have failed in recent attempts to hit targets in Saudi Arabia. But markets and governments are watching closely for a possible threat to oil supplies

• Opinion

  The Texas energy crisis: its causes and consequences

  • 19 2月 2021

  Freezing conditions in the southern US led to blackouts and a slump in gas production. What can we learn from the crisis?

• Opinion

  Carbon emissions: a new challenge for US LNG

  • 05 2月 2021

  President Joe Biden adds to the pressure on US gas exporters to consider climate impacts

• Opinion

  What President Biden’s first day means for energy

  • 22 1月 2021

  Blocking the Keystone XL pipeline, rejoining the Paris climate agreement, and a 60-day restriction on drilling permits on federal lands and waters are a statement of intent from the new administration

• Opinion

  Nord Stream 2 nears the finish line

  • 24 6月 2021

  The gas pipeline from Russia to Germany has been acknowledged as a “fait accompli” by the US. The European market will still need more LNG

• Opinion

  Alerts send warnings about the future of power

  • 18 6月 2021

  As a heatwave hit the southwest US this week, electricity demand surged, putting strain on the grids in Texas and California. Grid operators issued alerts urging customers to conserve electricity where possible by turning up thermostats and not running appliances in the late afternoon and evening. The measures worked: blackouts were avoided in both states. But the alerts were a reminder of the pressures facing grids in extreme weather conditions, which will increase as their reliance on wind and solar power grows. Demand response programmes and other measures to improve the flexibility of the grid are becoming increasingly important.

• Opinion

  The US government speeds up drilling permit approvals

  • 04 6月 2021

  The Biden administration this week issued an order suspending further work on oil leases in the Arctic National Wildlife Refuge in Alaska, pending a new environmental review. The order follows through on a commitment that President Joe Biden made on his first day in office. Drilling in ANWR has always been highly controversial, and the lease sale in January attracted only limited interest.

• Opinion

  Pressures from investors and governments change the shape of the US tight oil industry

  • 09 4月 2021

  Pioneer’s US$6.4 billion deal for DoublePoint shows how demands for higher returns and lower emissions are driving consolidation among US E&Ps.

• Opinion

  Demanding new emissions goals set course for low-carbon future

  • 23 4月 2021

  At a US-hosted climate summit this week, large economies discussed their ambitious objectives for cutting emissions. Now comes the hard part.

• Opinion

  The US energy transition rides on the electric F-150

  • 21 5月 2021

  Ford has launched the electric version of its best-selling F-150 truck. Its success or failure will have a big impact on the electrification of transport in the US, and on climate policy.

• Opinion

  The nuclear moment

  • 22 10月 2021

  Gas and coal prices have soared while governments commit to ambitious goals for cutting emissions. Nuclear power can be part of the solution.