• The Edge

  OPEC and how low prices have changed oil demand

  • 03 4月 2018

  How to sum up the effect on oil markets of OPEC’s strategy since 2014? Based on how the fundamentals have evolved, it's been a pretty mixed bag.

• The Edge

  Future cost of new oil supply: shale vs conventional

  • 20 3月 2018

  How much new oil does the world need over the next decade? Where are the competitive plays? What are the economic breakeven prices? Our chief analyst, Simon Flowers, explores in the latest edition of The Edge.

• The Edge

  Risk appetite returns as global upstream investment picks up

  • 27 3月 2018

  Investment is making a comeback. Much of the action, as ever, is in the US Lower 48, with operators responding to higher prices by upping 2018 budgets by 15-20%. But there’s stuff happening, too, in the big wide world beyond onshore USA.

• The Edge

  Can the oil industry learn from mining’s famine to feast?

  • 06 3月 2018

  Different markets, different cycles. Mining companies suffered for their sins in the downturn a little earlier than the oil and gas sector. Now they are emerging into a new upturn, also ahead of the game.

• The Edge

  Tight oil set to make money in 2018

  • 13 2月 2018

  A teenage growth spurt – US onshore liquids production is on a tear again. Already rebounding from the downturn for a year, right now it’s turbo-charged.

• The Edge

  Improving upstream performance and winning over investors

  • 27 2月 2018

  Delivering production growth after three years of low oil prices is an achievement, and combined with higher oil prices, was the primary factor behind good upstream earnings.

• The Edge

  Mexico upstream – hot as a habanero

  • 07 2月 2018

  Mexico is hot – as hot as a habanero, the spiciest of Mexicano chillies. The bidding round for deep water blocks this week has attracted a who’s who of industry players, scooping up two-thirds of the blocks on offer.

• The Edge

  Rising US oil exports, market disruption, Brent-WTI spread

  • 30 1月 2018

  What will US tight oil growth do to crude markets? The build-up in volumes early this decade led to a supply glut that undermined prices in 2014.

• The Edge

  Making the case for upstream M&A

  • 16 1月 2018

  Obstacles to M&A have abounded these last three years. Money’s been tight, and for many companies acquisitive growth wasn’t needed after a period of heavy of investment earlier in the decade.

• The Edge

  Where are the tight oil plays outside the US?

  • 12 12月 2017

  What are the prospects for tight oil outside the US? It's a question frequently asked on my travels, and with good reason. If US tight oil can emerge so quickly to disrupt the market, perhaps other plays out there might have the same effect.

• The Edge

  Asia upstream’s strategic challenges

  • 28 11月 2017

  Visiting Asia this month was an opportunity to gauge how oil and gas companies there are faring.

• The Edge

  In search of fiscal ‘win-win’ to spur upstream investment

  • 21 11月 2017

  Why feeding the dog can undermine trust in the oil industry

• The Edge

  How the Majors will emerge stronger from the downturn

  • 14 11月 2017

  Low oil prices, severe financial stretch, even moments of existential contemplation – it’s hardly been the right environment for successful business development.

• The Edge

  Growing pains – diminishing returns from tight oil wells

  • 07 11月 2017

  US tight oil’s second phase of growth is well underway. We expect tight oil production to double from 4.7 million b/d today to around 9.5 million b/d in the mid-2020s – and our view is by no means the most bullish.

• The Edge

  Could US gas producers capture more margin?

  • 28 11月 2018

  A year of torpor, then the US gas market springs into life. Henry Hub price has shot up to over US$4.50/mmbtu in a volatile week after flat-lining below US$3/mmbtu since last March. What does this mean for global gas markets?

• The Edge

  Competing for capital in a downcycle

  • 11 9月 2020

  The economic fall out from Covid-19, the energy transition and tight finances exacerbated by low prices are three of the big challenges facing energy companies today. How much money is available to invest? Where best to spend it, on legacy oil and gas or new energy? And how will another lurch down in upstream investment affect the global oil market and price?

• The Edge

  New LNG projects – all dressed up and no place to go

  • 25 9月 2020

  LNG demand is set to grow strongly out of the downturn, driven by Asia. A plethora of new projects is lining up to meet a sizeable supply gap that emerges by the end of the decade. What are the risks to our bullish demand scenario? How will new investment in supply be affected by rising ESG concerns? And which pre-FID projects are best placed to fill the supply gap?

• The Edge

  The energy transition will be built with metals

  • 30 10月 2020

  The energy transition will see demand for some metals reach unimagined levels in coming years. Which metals are critical to the transition? How much will we need and what will it cost to develop the supply? And can the mining sector deliver?

• The Edge

  Exploration - where less can be more

  • 20 11月 2020

  How capital discipline led a return to value creation

• The Edge

  A Biden administration: implications for the energy industry

  • 09 11月 2020

  The energy sector faces a very different future under President-elect Biden. What are the implications for the oil market? How will key US geopolitical relationships change? And can a Biden administration push through its climate change goals?

• The Edge

  Big themes and risks for energy in 2021

  • 11 12月 2020

  After a tumultuous 2020, what will shape the energy world in 2021? We look at five themes to watch – economic boom, action on climate change, oil demand, industry finances and upstream investment.

• The Edge

  The Euro Majors’ big bet on new energy

  • 04 12月 2020

  The Euro Majors are building new energy businesses as a key part of net carbon-neutral targets for 2050. How and when will they be able to demonstrate value from renewables investments?

• The Edge

  The complexity of capital allocation for oil and gas companies

  • 10 10月 2024

  The slower pace of the energy transition is influencing Big Oil’s capital allocation. What share of cash flow is the industry re-investing? How much will upstream spend rise in 2025? Why have NOCs become the biggest spenders on low carbon?

• The Edge

  Six energy game-changers since 2015

  • 11 8月 2023

  The first Edge was published in December 2015. To mark the 300th edition, here are our top game-changers in energy markets over the last eight years.

• The Edge

  Shifting risks in global oil supply

  • 06 10月 2017

  If the demand side of the equation is relatively predictable, oil supply is notoriously difficult. Many of the market’s most colourful moments through history have revolved around supply, with OPEC at the centre of most in the last six decades.

• The Edge

  How to stop Nigeria’s oil industry losing relevance

  • 04 12月 2018

  What would it take to make Nigeria's oil industry competitive again? Simon Flowers investigates.

• The Edge

  What the energy world looks like in 2030

  • 28 1月 2020

  This decade promises unprecedented change in the way we produce and consume energy. Find out how that will take shape in this week's Edge.

• The Edge

  Getting serious about tackling global warming

  • 09 4月 2021

  COP26 is where concerted global action on reducing carbon emissions should kick off. The EU is in the vanguard, with plans to reduce emissions by 55% by 2030. Is the EU's ambition achievable? And could it provide a template that others follow?

• The Edge

  Why the commodity rally will get back on track

  • 20 2月 2018

  Are we in the early stages of a sustained rise in commodity prices? And what does it mean for the US dollar? We posed these questions a year ago when robust global economic growth was driving commodity demand and the US dollar was starting to tip over from a 15-year high.

• The Edge

  Unlocking investment for deepwater projects

  • 05 6月 2018

  Not long ago, West Africa was at the top of the list for international E&P companies looking for high-impact growth.