In this Issue:

EDITORIAL: LOWER FOR LONGER AGAIN

But technological advancements might mean the consequences are less dramatic this time round.

OIL, GAS AND THE TRANSITION

The IOCs face a tough task: keeping up output while investing much more in low-carbon technology – and retaining their shareholders.

By Charles Ellinas

CATCHING UP WITH THE EU

Big oil must align with European Union aspirations to reach net zero by 2050 but time is not on its side.

By Charles Ellinas

NORWAY’S GAS OPTIONS

Norway has a cost edge over rival gas suppliers in Europe, but it has held back supply to capture more value when prices recover.

By Joseph Murphy

SMALL DUTCH FIELDS POSE BIG PROBLEM

Low investment upstream means that the small offshore fields will not contribute as much as they could to the local energy market, with negative implications for the environment.

By Karel Beckman

IRAN’S GAS AT BREAKING-POINT

Sanctions have done the job of restricting Iran’s access to oil and gas export revenues and raising prices for the peak demand household sector would be risky after last year’s riots.

By Dalga Khatinoglu

INDIA’S DISTRIBUTORS SEE BULL MARKET

National policy and low gas prices are pushing gas further into the small end of India’s gas market, to the delight of the low-pressure operators.

By Shardul Sharma

NEW LEASE OF LIFE FOR AUSTRALIA’S CCGTS

The country’s coal-fired power plants are nearing the end of their life, which could lead to an uptick in gas-fired power generation.

By Andrew Kemp

US LNG-BY-RAIL PLAN MOVES CLOSER TO REALITY

US regulators are moving closer to finalising new legislation that will allow the transport of LNG by rail, despite certain states and other groups opposing the plan.

By Anna Kachkova

OBITUARY: DR VLADIMIR FEYGIN

Dr Vladimir Feygin, the co-speaker of the Russia-EU Gas Advisory Council and the Co-chair of its Work Stream One, passed away on January 22 after a long illness. He was 74.