In the last fortnight, the world’s largest liquefied natural gas (LNG) exporter has been shut off by land, sea and air from its immediate neighbours.
Further from our coverage of the crisis last week, the six nations leading the charge to blackball the gas-rich monarchy have now drawn up a “sanctions list” of individuals and organisations linked to Islamic extremism, which features a host of Qatari names.
Might Qatar's case be the first step in a broader, systematic attack on regimes hostile to American interests in the Middle East?
While many commentators and all major bookmakers are still pointing to a Conservative victory, recent experience has shown us that polls are not as trustworthy as they used to be.
In the event of a hung parliament and a Labour minority government, or a Labour-led coalition supported by the Liberal Democrats and Scottish National Party (SNP), what might the upshot be for British oil and gas?
In a swift and scything multilateral decision, six Arab states have severed diplomatic ties with Qatar, the world’s largest liquefied natural gas (LNG) exporter.
Spearheaded by Saudi Arabia and Egypt; Bahrain, the United Arab Emirates (UAE) and embattled Libya and Yemen have all agreed to suspend airborne and seaborne travel to and from the Persian Gulf peninsula over its alleged support for terrorism.
Qatar’s sole land border will also be closed as Saudi Arabia slams shut the gate to the Arabian mainland and vital overland supply routes.
The oil and gas industry has experienced turbulent times in the last two years, and companies in the sector have made massive efforts to curb costs and scale back on new project development.
Based on the uncertainties about the direction of industry, there has been much speculation about the continuity of petroleum as the main source of energy in modern civilisation, and about the permanence of low oil prices for an extended period.
Analyses of the usual practices in the oil and gas industry suggest that the sector is undergoing digital disruption and a technological re-organisation of its methods and industrial processes, in-line with a global technological trend that German business has coined as “Industry 4.0” or the "fourth industrial revolution".
In this context, the first two industrial revolutions are the advent of steam and electrification, the third is the digital era and the fourth is the current age of robotics, automation and the internet of things.
Will US-Saudi relations be tested by re-energised shale? Not a chance.
“We have to coexist” said Saudi Arabian energy minister, Khalid Al-Falih, at Opec’s recent Vienna meet.
Taken out of context, he could have been talking about the two wings of the oil cartel that have emerged since the oil price nosedive of 2014.
In fact, he was referring to the petroleum combine’s relationship with one of the world’s standalone energy superpowers, the United States of America.
Blockchain is best known as the architecture that underpins the cryptocurrency, bitcoin. However, the technology that drives digital money could also be the rolled out into most areas of business. In this article we look at the principle ways in which the oil and gas industry can use blockchain to enhance the way it competes in the modern-day marketplace.
As the Russia-gate saga continues to unfold on Capitol Hill, US president, Donald Trump, touched down in Riyadh on the initial leg of his first foreign trip.
The 45th president leaves behind him a growing domestic backlash over the dismissal of FBI director, James Comey, and the appointment of a former FBI chief as special counsel to investigate what has become known as “The Flynn Affair”.
Trump’s whirlwind tour will take him from the Saudi capital to the 43rd G7 summit in Sicily via the Holy Land, Rome and Brussels in a week. The timing of this first leg of the whistle-stop is calculated, opportune and telling.
Oil jumped by two per cent on the global markets after the Organisation of Petroleum Exporting Countries (Opec) and Russia agreed to extend a regime of production cuts until Q1 2018.
As a barrel of the black stuff hit $52 in Monday trading, the industry may have also heaved a huge collective sigh of relief.
Barely 48 hours before Asia opened for business, the world was reeling from the onslaught of a massive, pan-global cyber attack.
Initial investigations uncovered as many as 45,000 separate “ransomware” attacks across 100 countries. By Monday morning, that stood at 200,000 computers in 150 countries with the number likely to rise as people opened their emails.