Gulf

The Middle East Gulf is home to some of the world’s largest oil producers, including the five largest producers in Opec. It also home to the world’s largest LNG exporter Qatar which is planning a major capacity expansion. Key priorities for these petrostates include seeking to spark economic diversification and reducing their dependence on the Strait of Hormuz chokepoint through which the bulk of their exports flow.

Economics & Finance

11 Nov, 2022

Featured

Qatar Revenues Soar

The global energy crisis has seen Qatar’s 2022 export revenues soar above $100bn to challenge a record high that has stood since 2013.
Gas Revenues Up Above $13bn ($bn)
Corporate

18 Nov, 2022

Top Story

Extended Testing To Commence On Oman’s Block 56

Swedish firm Tethys will imminently begin extended testing at Oman’s Block 56, after having drilled a series of appraisal wells throughout the year. The firm is within touching distance of producing from its first operated-asset in Oman, to supplement non-operated output from Blocks 3&4.
Gross Output From Oman’s Blocks 3&4 (‘000 b/d): Struggling To Reverse The Decline
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NEWS IN BRIEF

Iraq Oil Boost As Cnooc Hikes Missan Capacity

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Total’s Pouyanné Meets New Iraqi PM

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BP Plans Four Egypt Offshore Wells

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Kuwait’s Al Zour: First Exports

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Houthis Attack Tanker At Yemen’s Ash Shihr Terminal

25 Nov, 2022

Brazil: Record Crude Output

25 Nov, 2022

Algeria: More Touat Problems

18 Nov, 2022

Algeria-Slovenia Gas Deal

18 Nov, 2022

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SELECTED DATA

UAE Oil Exports On Course For 2019 Increase As Key Asian Buyers Hike Q1 Purchases (‘000 B/D)

Iraq Rig Count* At Highest Since Mid-2014

Kuwait's Key Products Output, Crude Runs Hit By Shuaiba Shutdown, Clean Fuels Upgrades ('000 B/D)

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