With lessons learned in North America and Argentina and China having turned promise into pumping, there is a newfound confidence that unconventional exploration could explode into life
Divestment by majors, security concerns and priority being given to existing production have stymied exploitation of the country’s considerable reserves
The Iran crisis has highlighted that the pragmatism of US crude output of recent years is here to stay
The US’ northernmost state is looking forward to an upstream revival, and it is not just the usual players in the usual places
Lack of ice-class tankers, combined with quota and tax issues, is holding back Rosneft’s potential world-class development
The country's late-life divestment programme has become the global proving ground for mature-basin acquisitions—and is exposing a generation of conventional valuation metrics that systematically mislead capital allocators
Lack of spending on oil and gas projects may create a chasm in investment that could have a huge supply ramifications further out
Spiralling costs and energy security concerns spark major policy reversal
Haunted by environmental goals and bogged down by regulatory challenges, the oil and gas powerhouse could fail to turn ambition into reality
Oslo has urged oil companies to pursue more frontier discoveries, but operators still see near-infrastructure prospects as the main exploration target
The major is pushing into Central Asia, where declining production in Uzbekistan and underexplored areas of the Ustyurt Plateau have created a new opening for IOCs
A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
E&Ps are increasingly looking to the Vaca Muerta as regulatory certainty, high oil prices, growth opportunities and imminent midstream additions boost the investment landscape
Chevron’s agreement to boost output is a positive sign, but there is much more work to do for a national recovery
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
