Drillship operating off Mexico Licensing Rounds

Mexico’s deepwater auction heralds oil prospects

Mexico’s latest deepwater auction has brightened long-term prospects for oil production, but the country has not given up on gas.

By Abhishek Kumar 5 February 2018
Groningen gas field, the Netherlands Projects

Risk of further cuts to Groningen production

The Dutch regulator has proposed further cuts of up to 50% in output at the Groningen field.

1 February 2018
Mexico City, Mexico Licensing Rounds

Mexico prepares for an upstream revolution

Mexico is looking to become self-sufficient in gas production, and potentially start exporting LNG once its upstream strategy takes shape.

24 November 2017
The UK's Rough storage facility. Discoveries & Reserves

NBP day-ahead likely to see gains

Colder temperatures across the UK in November could provide a boost to the NBP day-ahead.

2 November 2017
The Trinidad Onshore Compression project Discoveries & Reserves

Trinidad’s LNG exports to receive upstream boost

Changing fortunes will see Trinidad’s LNG exports increase after years of decline, while gas demand from the petrochemical sector is also set to rise.

24 October 2017
Discoveries & Reserves

Pre-salt will deal a blow to Brazil’s gas imports

Brazil’s imports of gas and LNG will continue to fall as pre-salt output consolidates its position in the country’s supply mix.

25 August 2017
Unconventional Gas

Tightening Louisiana market supports Henry Hub

The tightening gas market in Louisiana will buoy prices at the Henry Hub over the coming years, discouraging its use as an index in long-term gas and LNG contracts.

18 August 2017
Discoveries & Reserves

Iran throws down gauntlet on production growth

Iran issued a challenge to its Arab Gulf neighbours by saying it will dramatically boost oil and gas production and exports by 2021.

24 July 2017
Projects

European hub prices hold steady

The NBP day-ahead price was down to 36 p/th on Tuesday, a 6% decline from the highs seen last week.

7 June 2017
Discoveries & Reserves

Brazil’s gas sector lurches from crisis to crisis

A political crisis unfolding in Brazil has the potential to adversely impact the country’s oil and gas sector.

26 May 2017
Discoveries & Reserves

Egypt makes a comeback with West Nile Delta gas

The startup of Egypt’s West Nile Delta marks a major milestone in the country’s journey to become self-sufficient in gas production.

12 May 2017
Discoveries & Reserves

Challenges ahead for Canadian gas

Canada’s struggle to find customers for its gas will persist as growing shale output in the US provides tough competition.

21 April 2017
Discoveries & Reserves

Thailand faces a growing need for LNG

Thailand is set to become increasingly dependent on imported LNG and could be vulnerable to price spikes as the market tightens.

21 April 2017
Discoveries & Reserves

Qatar eyes greater exports as North Dome moratorium ends

Qatar is intent on defending its share of LNG and gas exports after lifting a self-imposed moratorium on North Dome.

7 April 2017
Projects

OPEC should be worried about dollar strength

US oil production and the strength of the dollar could prove a double whammy for OPEC when the oil producers group meets in May.

5 April 2017
Projects

OPEC cuts fuel US production growth

US oil production is rising and a backlog of uncompleted wells raises the risk of further price weakness later in the year.

22 March 2017
Projects

Permian drives US oil and gas production growth

The Permian Basin is at the epicentre of oil and gas production growth in the US, accounting for nearly half the wells drilled in the country this year.

15 March 2017
Discoveries & Reserves

US ratcheting up exports of crude oil and NGLs

US NGL and crude oil exports may have an even bigger impact on global markets than US LNG, Interfax Chief Energy Analyst Peter Stewart told an LPG conference in London this week.

2 March 2017
Unconventional Gas

Warm summer weather in NE Asia to boost demand

A hot summer in Northeast Asia will boost demand for air conditioning, supporting requirements for gas-fired power generation and total gas consumption.

27 February 2017
Projects

Australia LNG – delays will not stop the deluge

Delays to the commissioning of Australia’s LNG export projects will ease the glut this year, but the influx of supply will only be slowed, not stopped.

16 February 2017
Unconventional Gas

France – pressure on gas ahead

Stronger nuclear output and weaker demand will weigh on French gas prices.

26 January 2017

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