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

14 Nov, 2025

Featured

Adnoc Plans FID On Projects

With UAE gas demand set to rise considerably through the rest of the decade, Adnoc Gas plans to take FID on multi-billion-dollar projects in 2026.
Adnoc Gas Expects 4-5% Annual UAE Gas Demand Growth By 2030 (bcm)
Corporate

21 Nov, 2025

Top Story

Lower Prices Hit OQEP Profits In Q3

OQEP’s profits are down 10% over the first nine months of the year due to lower oil prices. Increased investments as the company seeks to develop new assets have also contributed to the drop in profits.
OQEP Oil And Condensate Sales* Have Risen Due To Field Expansions And Higher Entitlements (‘000 b/d)
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NEWS IN BRIEF

Kurdistan’s Khor Mor Shut Down After Attack

28 Nov, 2025

Cyprus LNG Import Project Decisions Loom

28 Nov, 2025

Cyprus-Lebanon Ratify Maritime Border Eye Interconnection

28 Nov, 2025

Ades Completes Purchases of Shelf Drilling

28 Nov, 2025

GCCIA Signs Contracts For Oman, UAE Expansion

28 Nov, 2025

Adnoc Gas Signs $4bn Deal With Emsteel

28 Nov, 2025

Abu Dhabi Firm To Invest $1bn In Yemen Energy Sector

28 Nov, 2025

GulfNav Completes Brooge Purchase

28 Nov, 2025

Read more

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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