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.
6 Mar, 2026
Featured
Apache In Egypt
Improved terms signed at the end of 2024 have spurred on Apache’s Egypt gas operations. Apache’s gas output is up, but the outlook for Egypt’s overall gas balance remains grim.
Apache’s Share Of Western Gas Output Rebounded To A 9-Year High
13 Mar, 2026
Top Story
Fujairah Port Stays Open Despite Taking Blows
It has been another tough week for the UAE’s key Port of Fujairah and the hundreds of workers keeping it operational. The products trade has taken a hit, but Adnoc’s Adcop terminal is thriving as the country’s Hormuz-bypass route.
Fujairah Oil Storage Facilities And Refineries
NEWS IN BRIEF
Aramco Announces Share Buyback Plan
13 Mar, 2026
Progress At Key Saudi Gas Power Plant Projects
13 Mar, 2026
BP Confirms Egypt Offshore Awards
13 Mar, 2026
Egypt Announces Sirius Offshore Drilling Success
13 Mar, 2026
Decision Time For Opec+
27 Feb, 2026
BGC Boosts Gas Capture At Iraq Fields
27 Feb, 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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