Sep 2023

Soaring pre-salt production sees Latin America’s largest country pull away from the local competition

The September issue of Petroleum Economist is out now!

Carbon Economist talks to Quorum’s Alexandra Gajewski about ESG strategies

Delegates can get even more out of the 24th World Petroleum Congress, being held from 17-21 September, by engaging in the complimentary B2B Programme

Russia has leapfrogged Mideast sources to become India’s largest supplier, but flows may be poised to plateau

Project is one of MENA region’s largest and will triple Emirati firm’s CO₂ storage capacity

Significant capacity is affected, but the market impact may prove limited

Coups and geopolitical rivalries complicate energy projects in the expansive region

Ipieca, an official sponsor of WPC Canada, is the global oil and gas association dedicated to advancing environmental and social performance across the energy transition. It brings together members and stakeholders to advance climate action, environmental responsibility and social performance across oil, gas and renewables activities. Brian Sullivan joined Ipieca as the Executive Director in 2011 following a 23-year career at BP. Here he talks to Petroleum Economist about the work of the organisation.

AI enabling a second digital revolution in oil and gas, among other sectors, says Huawei

AI enabling a second digital revolution in oil and gas, among other sectors, says Huawei

Online retailer prebooks credits to be generated by 1PointFive’s Stratos project in Ector County

The inclusion of WTI Midland in the Brent benchmark has boosted volumes, but with Brent blend taking a backseat, why not just use WTI as the global benchmark?

AIM-listed Challenger is seeking partners to help develop its licences off the coast of Uruguay

Shell, Eni and independent operator Enquest dominate list of new licences as UK ramps up offshore storage push

Training for regional customs authorities and detailed analysis of reporting accuracy will ensure effectiveness of final scheme

Behind the rig count data lie differences between public and private operators, acreage questions, the lure of returns and unwavering capital discipline

Pipeline problems, maturing fields, gas quality issues and territorial disputes threaten to erode Malaysia’s LNG exports

Mideast Gulf state keen to highlight progress made on expanding carbon sequestration capacity and diversifying e-fuels production ahead of COP28

The special administrative region has introduced the fuel as part of its drive for carbon neutrality, but it will take years for imports to ramp up

Curbing emissions globally by using international carbon market mechanisms reduces the cost of mitigation, Andrea Bonzanni, international policy director at the IETA, tells Carbon Economist

Geographical position, long-term demand and decarbonisation efforts continue to support the region’s burgeoning LNG sector

Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage

Nigeria’s downstream status quo changed forever with the end of fuel subsidies, but the flagship Dangote refinery has still yet to start operations

Former executives and a successor company are accused of complicity in Sudanese war crimes in what is now South Sudan

A flurry of interest in direct air capture signals a key role for the technology in the push for net zero

Bottlenecks continue to constrain gas-rich Appalachia, and relief may not be in the pipeline

Half a century after the 1973 conflict, the world is dramatically different. But OPEC’s power remains

Oil minister Oun sends out cautiously optimistic message on oil and gas outlook and says pilot project ready to unlock huge shale reserves key to further growth

This year’s WPC laid bare the dilemma facing the energy industry and the world at large, with warnings about the dangers of underinvestment in fossil fuels given the immaturity of alternatives