Oil & Gas
Key MENA countries rely on oil & gas for well over 50% of their revenue. For Iraq and Algeria, hydrocarbons provide over 90% of their export earnings. Whilst Saudi Arabia has a (so far largely rhetorical) National Transformation Plan, other countries have barely begun to consider how to adapt to the looming 'energy transition'.
Oil & Gas
3 Apr, 2020
Featured
Iraq Taps IOCs To Slash Spending
Baghdad is tapping IOCs for 30% spending cuts. A broken contractual model exacerbates the impact of lower prices, forcing investment down when it is most needed.
Iraq Monthly Crude Export Revenues ($bn)
Oil & Gas
27 Mar, 2020
Top Story
Egypt Offshore Drilling: Busy Times, For Now
Egypt’s Mediterranean deepwater has seen several key wells in recent months, with more to come. But plans are unlikely to prove immune to IOC capex cuts.
Iraq Monthly Crude Export Revenues ($bn)
NEWS IN BRIEF
Neutral Zone Exports Resume
3 Apr, 2020
Suez Canal Slashes LNG Fees
3 Apr, 2020
Adnoc VTTI Tie-Up Looks Shrewd
3 Apr, 2020
Algeria’s Touat Hits Peak
3 Apr, 2020
Oman Bags Solar Finance
3 Apr, 2020
Saudi: Major Desal Award
3 Apr, 2020
Abu Dhabi Plans Waste-To-Energy
3 Apr, 2020
KRG Buys More Iran Products
3 Apr, 2020
SELECTED DATA
UAE Oil Exports On Course For 2019 Increase As Key Asian Buyers Hike Q1 Purchases (‘000 B/D)
Key Grades Are At Record Premiums Versus Oman/Dubai Benchmark...
Opec’s 2018 Oil Export Revenues Up More Than $200bn From 2016’s Low Point($Bn)
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