Middle East

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.

27 May, 2022

Featured

Saudi Reaps Rewards Of Oil Price Boom

Rising oil prices are lifting all Gulf economies. For Saudi Arabia the effect is more pronounced than most as it taps into its spare capacity to maximize returns.

Saudi Oil Revenues ($bn)

Oil & Gas

10 Jun, 2022

Top Story

KRG Oil Sector In The Crosshairs As Baghdad Steps Up Legal Attacks

Baghdad’s attempts to aggressively implement a court ruling against the KRG oil sector are creating an increasingly-hostile climate for Kurdistan-focused IOCs.