Data Driven Middle East Oil & Gas Analysis

Weekly Forward Looking Energy News

Economics & Finance

9 Apr, 2021

Top Story

Iraq Budgets For Power Boost As Oil Revenues Soar

With crude prices and oil revenues having leapt well above levels in the 2021 budget, Iraq should now have the cash to drive forward ambitious power capacity expansion plans. But an oil revenue deal with the KRG may well come unstuck.
Higher Oil Prices Have Seen Iraq's Oil Revenues Soar To The Highest Level Since 2019
Oil & Gas

9 Apr, 2021

Featured

Egypt Records

Egypt’s gas output rose to a record 7.05bn cfd for February, surpassing December 2020’s previous record but oil output continues to fall.
Egypt's Oil Output ('000 b/d)

LATEST STORIES

Refining & Petrochemicals

Israel Oil Demand Falls To 9-Year Low

9 Apr, 2021

Tables included Charts included
Corporate

Cairn Eyes $1.1bn Israel Tamar Purchase

9 Apr, 2021

Charts included Maps included
Geopolitical Risk

Libya’s NOC Hands Over Oil Cash

9 Apr, 2021

Charts included
OPEC & Global Markets

Algeria Gas Exports: A Good Start To 2021

9 Apr, 2021

Charts included
OPEC & Global Markets

Will Rising Iran Output Stymie Cut Reversals?

9 Apr, 2021

Tables included Charts included
Power & Water

Cyprus Warms Up Gas-Fired Power Plans

9 Apr, 2021

Tables included Charts included Maps included

THIS WEEK'S FRONT PAGE

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NEWS IN BRIEF

US Output: February Slump But Steady Gains Now Forecast

9 Apr, 2021

Cairn Finalizes Mauritania Deal

9 Apr, 2021

ACWA Advances 200MW Egypt Solar

9 Apr, 2021

Egypt: Draft 2021/22 Budget

9 Apr, 2021

Libya Oil Guards Threaten Key Field

9 Apr, 2021

Saudi Prepares To Unwind Voluntary Cuts From May

2 Apr, 2021

Murban Futures Begin Trading

2 Apr, 2021

Total Mauritania: Down To Two Blocks

2 Apr, 2021

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MEES MONTHLY OPEC PRODUCTION ESTIMATES (MN B/D)

February 2021 vs January 2021 vs February 2020 January 2021 December 2020 November 2020 2020 vs 2019 2019 2018
Algeria - - - - - 0.86 0.90 -0.12 1.03 1.04
Angola - - - - - 1.19 1.26 -0.14 1.40 1.55
Congo - - - - - 0.29 0.30 -0.02 0.31 0.32
Equatorial Guinea - - - - - 0.11 0.11 0.00 0.11 0.13
Gabon - - - - - 0.19 0.19 -0.01 0.19 0.19
Iran - - - - - 1.95 1.99 -0.43 2.43 3.58
Iraq - - - - - 3.79 4.01 -0.62 4.63 4.53
Kuwait - - - - - 2.30 2.42 -0.25 2.67 2.75
Libya - - - - - 1.05 0.34 -0.77 1.11 0.94
Nigeria - - - - - 1.47 1.63 -0.21 1.84 1.82
Saudi Arabia - - - - - 8.95 9.22 -0.52 9.75 10.31
UAE - - - - - 2.51 2.78 -0.27 3.05 2.97
Venezuela - - - - - 0.40 0.51 -0.30 0.82 1.40
TOTAL - - - - - 25.06 25.66 -3.67 29.33 31.51

* MEES Monthly OPEC Production Data Available To Subscribers Only

FEATURED MAPS

UAE

Abu Dhabi Exploration Blocks

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LIBYA

Libya’s Planned Oil & Gas Projects

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