The energy transition is a false narrative that has caused vast sums of government money to be wasted warns Mark Mills, executive director of the National Center for Energy Analytics. The US energy think tank leader talks to Paul Hickin, chief economist of Petroleum Economist about how Jevons paradox explains the way energy efficiencies can be counterproductive and the crucial role of hydrocarbons in meeting electrification needs.

While oil demand is weakening and OPEC+ is bringing back barrels, a lack of non-OPEC supply—especially as US shale sputters—will likely see an oil market revival in 2026, says EnergyRogue.com’s Brian Pieri. Petroleum Economist’s chief economist, Paul Hickin, and Brian also explain why betting against OPEC is a fool’s errand.

Petroleum Economist explored the nexus of supply and demand fundamentals and the power of sentiment with Tamas Varga, a top oil analyst at PVM Oil Associates. With the IEA and OPEC unable to find a consensus on the oil outlook and many moving parts to tariffs, geopolitical risk, OPEC+ barrels and US production, a more nuanced approach to market direction may be required.

Petroleum Economist talked to Dr Ian Palmer, solar space scientist turned oilfield engineer, about his book How Oil and Gas Companies are Pivoting Toward Climate Change, covering carbon capture, net-zero targets, batteries and the future of fossil fuels.

Petroleum Economist sat down with Neil Quilliam to explore how Saudi Arabia is balancing oil market management, growing its gas and LNG sector and developing its renewables strategy. Neil is involved with SRMG Think, Azure Strategy Consulting and Chatham House and explains how the Kingdom’s near and long term energy vision fits with its plans to diversify its economy.

Part 2 of Petroleum Economist’s global refining analysis focuses on the Asia-Pacific region. This episode details major initiatives that are leading to additional capital expenditures for refining capacity additions, including the ability to satisfy domestic fuel demand, higher biofeedstock blending, increasing SAF production, the inclusion of petrochemical units in existing refining infrastructure and the grassroots construction of mega-integrated complexes, and much more.

In this latest series, Petroleum Economist will analyze the global refining industry. This first episode provides a breakdown of active projects globally, current capital spending on refining projects, and future distillation and secondary unit capacity additions.

Petroleum Economist sat down with Neil Crosby, AVP Oil Analytics at Sparta Commodities to discuss how the recent US move on tariffs and the decision by OPEC+ to bring back extra barrels is creating a disconnect between sentiment and physical market reality that at some point will surely meet in the middle?