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
18 Jul, 2025
Featured
US Sanctions Iraqi Terminal
The US has sanctioned an Iraqi fuel oil terminal for allegedly facilitating Iranian oil exports, but the move complicates legitimate Iraq fuel oil exports.
Fuel Oil Exports* From Vs Oil Terminal Shot Up From Late-2024 (000 b/d)
Corporate
25 Jul, 2025
Top Story
Libya Names 37 Bid Round Contenders Amid ‘Growing Confidence’
Libya’s NOC has released the finalized list of 37 international firms that have qualified for its current bid round, reflecting renewed interest in the country’s upstream.
Libya Bid Round 2025: 22 Bidding Areas
NEWS IN BRIEF
Mauritania Plans Gas-Fired CCGT
15 Aug, 2025
Iraq’s Power Grid Shut Down
15 Aug, 2025
Baghdad And Erbil Agree Export Mechanism
15 Aug, 2025
Aramco Raises $11bn Through Jafurah Midstream Deal
15 Aug, 2025
Oxy Oman Crude Output Jumps 20%
8 Aug, 2025
Oman Tenders For Waste Power Project
8 Aug, 2025
Israel Votes To Occupy Gaza City
8 Aug, 2025
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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