Corporate
MENA has the world's largest upstream reserves. But tough terms and, in some countries, an outright ban on foreign operators, means it is often a difficult hunting ground for international oil firms. Total sees the advantage in low-cost barrels in Abu Dhabi, and underpriced (it reckons) Libya assets. Chinese and Russian firms are also expanding. But many US firms are pulling back, eyeing better returns in domestic shale.
Corporate
31 Jul, 2026
Featured
Shell’s Velox Wildcat Flops
Shell’s Velox-1X wildcat has flopped, MEES learns. Even so, evidence of a working oil system could incentivize exploration in the country’s largely untested Western Mediterranean.
Egypt West Med Offshore: Key Blocks & Drilling Sites
Corporate
7 Aug, 2026
Top Story
ICE Winds Down Murban Futures After Adnoc Pricing Switch
Adnoc has ended its pricing liberalization experiment, switching from pricing against IFAD Murban to Platts Dubai. The switch offers more control and flexibility.
Murban Fob Vs Dubai ($/B): Murban’s Premium Spiked During The Early Stages Of The War
NEWS IN BRIEF
Iraq’s New Export Pipelines To Cost $15bn
14 Aug, 2026
Oman JBB Wind Project Reaches Financial Close
14 Aug, 2026
Adnoc L&S Shipping Profits Soar
14 Aug, 2026
Scatec Brings 1.1GW Obelisk Online
14 Aug, 2026
Egypt M&A: Two Takeovers Clear Key Hurdles
14 Aug, 2026
Egypt Signs PPA For 407MW Wind Project
7 Aug, 2026
Aramco CEO: Attack Damage Non-Material
7 Aug, 2026
Saudi Renewable Capacity Reaches 18.8GW
7 Aug, 2026
SELECTED DATA
PTTEP’s Algeria Output Is Set To More Than Double, With Gas Becoming Dominant, With Purchase Of Touat Stake (‘000 b/d & boe/d^)
Egypt’s Zohr Gas Field: Output Has Dropped To 1.6bn cfd Ahead Of Development Drilling That Aims To Add 220mn cfd By Mid-2025 (bn cfd)
Turkmenistan Gas Exports: Heavily Reliant On China (bcm)
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