Despite supply uncertainties resurfacing in the Middle East and economic stimulus programs unfurling in the Eurozone, China and the USA, the prevailing trend in oil markets for 2013 seems to be one of oversupply.  As the global economy continues t...

Despite some current signs to the contrary, demand for both oil and gas is set to continue to increase. Today’s challenges such as the Eurozone crisis and slowing gross domestic product (GDP) in both developed and now some developing countries con...

There is increasing evidence that the world is making a transition to a cleaner energy system where non-carbon fuels will play a bigger part. While both Germany and Japan were motivated to move away from nuclear energy, toward renewable energy by ...

As the upstream environment gets tougher for the oil and gas industry, information technology is playing an increasingly vital role to make operations more integrated and efficient. Growing evidence of this comes from the findings of the latest Ac...

Unless the Euro crashes and everyone’s worst fears come true, the oil industry seems to be moving into another significant growth phase.   Several reasons prompt me to strike an optimistic note amid the general gloom. While some organizations, ...

2012 has been a challenging start to the year for refining in Europe. 2011 saw refiners dealing with overcapacity issues, operational inefficiencies and falling demand, all combined with the pressure of costlier supplies to offset the loss of Liby...

If the year 2011 began with the paradox of high oil prices and good economic growth playing out simultaneously, there are now clear signs of a reversal. GDP growth is slowing across the world, albeit in varying degrees, pointing to a halting and s...