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

15 Jan, 2021

Featured

Saudi Crude Exports To Take Fresh Hit Amid Voluntary Cuts

Saudi crude exports for 2020 were the lowest in a decade. Deep output cuts in February and March will cause a further hit, but 2021 as a whole may still be up.
Saudi Oil Exports (Mn B/D)
Oil & Gas

5 Mar, 2021

Top Story

Iraq Revenues Hit $5bn With Exports At 8-Month High

Iraq’s crude revenues hit $5bn for February, a post-Covid first. Kirkuk hit a 6-year high. A stalled budget deal with the KRG would provide a further boost.
Iraq Crude Exports* Hit A 9-Month High 2.96mn b/d For February As Prices Topped $60/B For The First Time Since January 2020
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NEWS IN BRIEF

Aramco Seeks $10bn Loan Extension

5 Mar, 2021

EOG Expedites Oman Plans

5 Mar, 2021

Egypt Solar Funding

5 Mar, 2021

Egypt: Dragon Eyes Modest Hike

5 Mar, 2021

Energean Looks To Raise $2.5bn

5 Mar, 2021

Algeria Forex Reserves Plummet To $42-43bn

5 Mar, 2021

Pakistan Signs For Qatar LNG

5 Mar, 2021

Japan: Bumper Saudi Imports

5 Mar, 2021

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SELECTED DATA

Saudi Arabia: Oil & Overall Rig Count At 10-Year Low

Oman’s Rig Count Is At The Lowest Since 2013

1: Algeria’s Oil Output Is Set For Its Lowest Level Since At Least 1993 With Exports Also At Record Lows (Mn B/D)

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