Middle East

Lebanon is pushing forward with its second offshore bid round having closed the first one last October. Awards are slated for end-2019, but delays are likely.

With regularized payments from its stake in the prolific Tawke license, Genel is set to begin talks with the KRG to decouple oil and gas development at Bina Bawi field.

Israel’s Tamar gas field, the country’s sole producer, saw output hit a quarterly record of 1.019bn cfd in Q2...

Opec's now 15 members raised output in July, but by substantially less than flagged up in the wake of their late June Vienna meeting.

Sabic attributes best quarterly earnings since 2014 to improved volumes and prices, whilst Aramco’s petchems JVs begin to pay back huge investments.

State-led Saudi petchems giant Sabic this week announced that it has agreed to buy the 50% stake of Netherlands-based...

Saudi state oil firm Aramco and Malaysia’s Petronas are looking to replace an $8bn short-term loan raised in March...

Oil and gas-fired plants dominate recent Saudi power plant start-ups. But the kingdom's focus is belatedly, and ambitiously, shifting to renewables.

The US on 7 August reimposed a slew of sanctions on third-party dealings with Iran. The measures will hit Iran hard. But worse is to come with the US aiming to halt Iran’s oil exports from November. MEES asks what the moves mean.