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
10 Jul, 2026
Featured
Israel Launches Bid Round
Nearly five months after promising an imminent launch, Israel has finally opened its fifth offshore licensing round, quietly dropping one exploration zone.
Israel Offshore Bid Round 5 Blocks
Oil & Gas
17 Jul, 2026
Top Story
Oman Maxes Out LNG Exports During Hormuz Crisis
Oman is exporting record volumes of LNG, capitalizing on high spot prices. Adnoc appears to be lifting from Oman to supply its own customers.
Oman LNG Has Run Its LNG Facility Well Above Its Nameplate Capacity To Export Record Volumes (mn tons)
NEWS IN BRIEF
Energean Boosts Israel Oil Capacity
24 Jul, 2026
Egypt Gas Consumption Posts May Record
24 Jul, 2026
Aphrodite Gas Sales MoU Signed
24 Jul, 2026
Qatar Progresses North Field Work
24 Jul, 2026
EDF Awards 500MW Oman Solar EPC
24 Jul, 2026
China Slashes Middle East Oil Imports
24 Jul, 2026
Sabic Plans Rongsheng Petrochemicals Tie-Up
17 Jul, 2026
SELECTED DATA
Libya Crude Output (‘000 B/D): December’s 1.35mn b/d Was The Highest Monthly Figure Since Early 2013
Kuwait Heavy Crude Oil Production Has Posted Steady Gains (‘000 b/d)
Algeria’s Gas Exports Fell By 6.6% To 48.7bcm For 2024 With Both LNG And Key Pipeline Customer Italy Well Down (bcm)
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