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AS PARTS of South America tilt to the left and hostility towards the private sector grows, Colombia suddenly looks one of the region's more stable destinations for private-sector capital, writes [...]

'WE'RE LIKE a flea on an elephant's behind.' It's an odd boast for an industry where scale is usually an advantage. But, says David Horgan, managing director of Petrel Resources, [...]

AFTER 15 years that have failed to yield he large discoveries needed to reverse the parlous slide in Colombian oil output, the country's upstream prospects may be about to change. [...]

SWEEPING corporate restructuring plans have been unveiled that will see Royal Dutch/Shell rebuilt around 'one company, one board and one chief executive'. The news--which coincided with October's third-quarter results announcement--surprised [...]

The main obstacle facing scientists and engineers at Brazil's Petrobras is designing risers to connect the bottom of the ocean to floating production platforms as upstream operations push into water [...]

ALTHOUGH LNG, which accounts for over 90% of Asia-Pacific's international gas flows, will continue to dominate supplies, pipelines are set to grow in importance. In some developments, there is no [...]

ROYAL DUTCH/SHELL, an innovator of the floating liquefied natural gas (FLNG) platform, is at an advanced stage of planning for a floating vessel capable of exploiting oil and gas fields [...]

Italy's ENI is planning major upstream growth over the next few years and has 'considerable firepower' for acquisitions, company executives say. In a presentation to analysts and journalists last month, [...]

The OPEC tried unsuccesfully to enforce a 24.52 million barrels per day production quota in 1995. Some OPEC members, particularly Venezuela, disregarded the quota and increased production. For 1995, international petroleum production increased by 1.8%, surpassing 1994's 3,261.141 million ton level. OPEC's share of the international market fell by 0.20% during 1995., Non-Opec producers are on the march again, squeezing Opec's share of world production, even though some members of the organisation are exceeding their quotas World oil production continued to rise [...]

The article features Petroliam Nasional Berhad (PETRONAS), the national oil and company of Malaysia. Topics covered include completion of its floating liquefied natural gas (LNG) facility called PFLNG Satu which will produce 1.2 million tons of LNG per year, upstream developments in more than 20 countries and oil production and LNG sales in the first half of 2016.

The article reports on the views of East Indian oil and natural gas minister Dharmendra Pradhan on the government's goal of increasing gas production as of July 2016. Pradhan reportedly noted that India is planning to be a natural gas-based economy which can offer more economic, social, and environmental benefits. Also discussed are the government's project of retrofitting mopeds, gas-based strategies to address pollution, and India's energy trade with other countries.

The article focuses on the need of a plan for the government of India to reduce its greenhouse gas emissions (GHGs) in accord to its climate change agreement signed in Paris, France. Topics discussed include government's plans to increase the use of green energy and reduce emissions relative to the gross domestic product (GDP), expansion in the use of carbon-free energies like solar, wind and nuclear, plans of the Nuclear Power Corp. of India to increase its nuclear generation capacity.

The article reports that mergers and acquisitions (M&A) in the oil industry was modest in 2015. It reveals that total transaction value for global oil and gas M&A deals fell by 22% to 143 billion dollars from 184 billion dollars in 2014 and worldwide deal count almost reduced to 50% in 2015 to its lowest level since 2001 while one positive result for the year was oil company Shell's 48 billion U.S. dollars acquisition of oil and gas company BG Group.

The article reports that Britain's exit (Brexit) from the European Union (EU) would not affect British oil and gas industry. It reveals that the proposed move might create some minor problems for oil and gas operators such as reduced freedom of movement between Britain and other EU countries, disruption of trade flows, and familiarization with new regulations in areas such as working practices.

The article focuses on oil and gas company Royal Dutch Shell PLC's acquisition of its British rival BG Group. Topics mentioned include the benefits of the deal to Shell including its emergence as the biggest producer of liquefied natural gas worldwide and enhanced cash flow, its capital investment for the merged companies, and the potential impact of low commodity prices on the deal's long-term strategic value.

The article discusses the global consequences of the BP oil spill in the Gulf of Mexico in 2010. It claims that up to 75,000 barrels a day of leaking oil could be destroying the Gulf's ecology. Oil prices reportedly rose almost 800% between 2001-2008 from below 20 to 150 U.S. dollars a barrel. It says the spill symbolizes the West's greed for oil and serves as the tipping point that would accelerate oil's decline. It believes that China, with its consumer economy and manufacturing power, has the power to accelerate the end of oil or extend its use.

The article claims the incapacity of the U.S. to make use of shale gas despite the proliferation of the resource, its low production costs and benefits to U.S. energy supply security, according to IHS Cera. A study by IHS Cera referred to uncertainty over the future of carbon reduction legislation and the viability of carbon capture and storage (CCS) technology as threats to the place of natural gas in the power generation fuel mix. A limited consumption of natural gas in the transport sector is also predicted.

The article calls for the Organization of the Petroleum Exporting Countries (OPEC) to invest in upstream oil capacity, according to International Energy Agency (IEA) head Nobuo Tanaka. Tanaka stressed the need for OPEC to replace lost production from existing operations and expressed his confidence that sufficient demand will materialize. He also assured that changes are being done to achieve the targeted 450 parts per million (ppm) case. He showed reluctance though on whether the level of oil prices balances the interests of consumers and producers.

This article discusses the opinion of students and young professionals to energy industry's sustainability, leadership and image. It highlights the falling interest in energy-industry careers among students. It attributes the observation to the perception of the oil sector as a dirty industry and its failure to offer job security. The article suggests to enhance co-operation between universities and the industry.

The article reports on the call of Argentine President Cristina Fernández de Kirchner for the global gas industry to focus on real economy, production and investment during the World Gas Conference in October 2009. She stressed that the industry plays important roles in economic development, cleaner air and stable climate. Some of the topics discussed at the event were the decline in gas prices and the credit crunch. In contrast to their western counterparts, Asian companies experienced strong demand.