Following several years of stagnation, India’s government is attempting to revive its upstream exploration sector through the launch of a new Hydrocarbon Exploration Licensing Policy (HELP), comprising a set of measures including: a single licence for conventional and unconventional hydrocarbons, open acreage licensing, a revenue sharing model, and commercial and marketing (pricing) freedom. The policy […]
This comment analyses the potential impact of the proposed Mexican energy reforms in light of the current state of Mexican oil production. It identifies the main themes behind the reforms and evaluates the prospects for shallow, deepwater and shale resources, along with the midstream and downstream sectors. The comment notes that while Mexico offers significant […]
Relationships between National Oil Companies (NOCs) and International Oil Companies (IOCs) have changed over the past twenty years as NOCs have broadened their activities to include exerting greater influence on managing their countries’ resources, the selection of which IOCs should participate in LNG projects and more involvement in the development of LNG project structures. In […]
Price Demand and Market Structure for the Oil Industry: Distillates in the driver’s seat or Gasoline resurgence ?
In just over a decade, Egypt has become one of the largest domestic markets in Africa and amongst developing countries. Over the last 15-20 years, gas production and consumption have been moving upwards in tandem. Both stood at 6.8 billion cubic metres (bcm) in 1990, and both quadrupled respectively to 26.8 bcm and 25.7 bcm […]
Argentina has a peculiar history. In the early 1900s, it was one of the leading countries in the world, but at the end of the century it more resembled a developing country. Argentina remains however the richest country in South America despite its economic decline, as measured by GDP per capita.
In its title, this study raises two questions: ‘The Development of a Global LNG Market – Is it Likely? If So, When?’ The answer to the first question must be, ‘It depends on the definition of “global LNG market”’. But perhaps surprisingly, the answer to the second question – depending on the definition – might […]
Contracts for Difference and the Evolution of the Brent Complex https://t.co/KYZEK0lFCC
The Druzhba Pipeline Crisis – The Lessons for Russia and for Europe https://t.co/CkMN5QDRgb
OIES study quoted in Reuters on how China appears to be diversifying gas supply, potentially importing more from so… https://t.co/3LEdHC9nqC
Anouk Honore on the pace of gas storage injections in Europe: There are some signs already that injection rates sho… https://t.co/xyhbo3bncY