Middle East

After nearly six months on the job, Iraq’s new Oil Minister speaks exclusively to MEES about the state of play in the country’s oil and gas sector. Gas flaring and refining are the biggest challenges, and Mr Ghadhban is opting for a rethink to solve these issues once and for all, while navigating Iraq’s turbulent political landscape.

Oman is becoming a hotspot for international majors, with BP, Shell, Eni and Total all expanding their footprint in the sultanate.

Iraqi Oil Minister Thamir Ghadhban has used his first months in office to implement a strategic review. Key recent refining awards, and exploration awards from 2018 bidding, are being revisited whilst a planned strategic pipeline to Jordan is reverting to the original route.

Iraqi Oil Minister Thamir Ghadhban has used his first months in office to implement a strategic review. Key recent refining awards, and exploration awards from 2018 bidding, are being revisited whilst a planned strategic pipeline to Jordan is reverting to the original route.

Mubadala is offloading 30-40% of Cepsa to investment firm Carlyle leaving the latter with a sizeable Mena oil and gas portfolio.

*Latest South Korean crude and condensate import data show record Q1 volumes from both the US and Russia amid...

Iraq harbors big ambitions to tackle its decades-old refined products shortage. But Oil Minister Thamir al-Ghadhban is pessimistic this can happen any time soon – especially with demand on the rise.

Saudi Aramco’s trading subsidiary on 11 April signed an agreement with Polish refiner PKN Orlen under which Aramco...

Saudi Aramco increased its debut bond sale from $10bn to $12bn this week amid huge demand that saw total...