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A Headache for Aramco

Oliver Klaus - 19 July 2017

One of Saudi Arabia's newest and largest oil projects, the 900,000 b/d offshore Manifa field, is facing major technical problems that have knocked out an estimated one-third of its nameplate capacity.

 
An Isolationist Climate Policy

Sarah Miller - 14 July 2017

What are the implications of the US' isolation on energy and climate change at the recent G20 Summit in Hamburg? If the underlying question is whether the global transition from fossil fuels to renewable energy will continue or even accelerate, the answer is that none of it matters much.

A Meeting of Minds

Scott Ritter - 13 July 2017

US President Donald Trump and his Russian counterpart, Vladimir Putin, established a rapport during their talks in Germany last week that suggested they were willing to work together to improve relations between their two countries.

Iran Opens the Door

Oliver Klaus - 11 July 2017

Does the $4.8 billion agreement signed this month between Iran and Total for development of Phase 11 of the giant South Pars gas field represent a real breakthrough for Tehran's efforts to get its post-sanctions upstream opening off the ground?

Barrel Half Empty

Sarah Miller - 3 July 2017

In oil markets, speculative sentiment may not be everything, but it's way ahead of whatever is in second place, which is usually supply-demand fundamentals. Today, sentiment is mostly negative -- but this may no longer be just a passing phase.

Who Needs Carbon Pricing?

Lauren Craft, Philippe Roos - 27 June 2017

For a long time, carbon pricing has been seen as the single big idea that could give cleaner energy sources the edge over fossil fuels. Yet as the clean energy transition charges forward, carbon pricing might become less and less relevant, EI New Energy’s latest Energy Cost Report suggests.

The Edge of the Abyss

Scott Ritter - 26 June 2017

The shooting down of a Syrian fighter jet by the US military earlier this month has renewed fears over the potential for a direct confrontation between US and Russian forces, either in Syria itself, or in the Baltics, where there has been an unprecedented military build-up by both NATO and Russia.

Arabia's Slippery Slope

Peter Kemp - 19 June 2017

The blockade of Qatar led by Saudi Arabia and the United Arab Emirates poses a big new risk to Mideast stability. The split among the Sunni monarchies opens the way for Iran and Turkey to exploit Gulf Arab divisions for their own advantage, while regional proxy battles could also intensify.

Next Steps for Gas Pricing

Sarah Miller - 15 June 2017

Long-term contracts that index LNG or international pipeline gas prices to oil for decades into the future are quickly becoming counterproductive for everyone involved.

An Indispensable Truth

Scott Ritter - 12 June 2017

President Donald Trump's decision to withdraw the US from the Paris Agreement on climate change underlines the uncomfortable reality that the world remains incapable of providing any viable alternative to American leadership.

Big Apple, Big Decision

Paul Merolli - 8 June 2017

Does Saudi Aramco need the New York Stock Exchange for its initial public offering (IPO) to succeed? Not necessarily. But bypassing the world's largest stock market as it pursues the largest IPO in history would carry significant risk.

Exxon's Problem, Too

Casey Sattler - 6 June 2017

Despite having the support of numerous US-based international conglomerates, including Exxon Mobil, Chevron and ConocoPhillips, the US is backing out of the landmark Paris climate agreement.

A Warning From Cyberspace

Jaime Concha - 1 June 2017

Last month's WannaCry global cyberattack, and a number of other recent near misses, highlighted the vulnerabilities of the oil and gas sector, and the urgent need for action.

Has the Black Swan Landed?

Sarah Miller - 30 May 2017

A string of news stories over the past month suggests the elements that need to combine to end fossil fuels' dominance in global energy -- renewable power, batteries and self-driving electric vehicles -- may all soon be so cheap that, together, they become unstoppable.

Rohani's Moment

Scott Ritter - 24 May 2017

The re-election of Hassan Rohani as Iran's President represents a sea-change moment in Iran's relationship with the world and, perhaps more importantly, for the country's own sense of itself.

Halfway to Adulthood

Lauren Craft - 22 May 2017

Electric cars are the greatest foreseeable threat to oil's monopoly on auto transport, but how much progress has electric transport really made?

The Saudis' Long Game

David Knapp, David Pike - 17 May 2017

Saudi Arabia's resumption of a traditional Opec market management role is set to continue at the group's May 25 meeting, but this masks the fact that the Saudis are playing a more complex long game -- but one made more complicated by the disruptive impact of shale.

Opec vs. Shale -- Round 3

Adam Ritchie - 15 May 2017

Opec ministers meet in Vienna next week to debate an extension to their current output agreement, a decision that will once again be taken with half an eye on the state of US shale production.

Oil Demand's New Elasticity

Sarah Miller - 15 May 2017

For decades now, changes in the oil price have had little, if any noticeable effect on demand. But that could all change if rival energy sources start competing as aggressively in transportation as they do in power generation.