Petroleum Review July 2017

This month’s Petroleum Review reports that although Canada’s oil and gas industry is in recovery mode as prices stabilise, market access and supply cost worries remain.

Meanwhile, prospects are looking brighter for the US sector, which is set to benefit from a positive macro-economic outlook and President Trump’s fossil fuel agenda.

Our refining feature suggests the International Maritime Organisation’s new marine fuel specifications mandating a lower global sulphur cap from 2020 may provide some respite for refiners, who have been streamlining operations and rationalising capacity in recent years in a bid to staycompetitive.

We also highlight key technology trends developing in this sector. Looking to the power sector, we report how inadequate power supplies are driving demand for diesel generators on the African continent and are leading governments to prioritise power projects in the Middle East and North Africa (MENA) region.

We also explain why the long-predicted LNG supply wave has yet to materialise, and focus on Italy’s latest LNG plans, both at home and further afield.

In addition, the magazine presents the latest findings from the just-published EI Energy Barometer report, while the EI Middle East branch reports on progress being made in Dubai and the wider Middle East to promote fuel diversification and energy efficiency.