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
10 Oct, 2025
Featured
Adnoc’s $bn Dividend Pledge
Adnoc’s listed subsidiaries aim to distribute $43bn in dividends between now and 2030. An inaugural ‘investor majlis’ was held this week to attract investment inflows.
Adnoc Subsidiaries Target At Least $43bn* In Dividends Between 2025-2030
Corporate
17 Oct, 2025
Top Story
Algeria Secures $5.4bn Exploration Deal With Saudi Arabia’s Midad
Private Saudi firm Midad Energy is investing $5.4bn in Algeria’s Illizi Basin. The deal symbolizes growing Gulf interest in Algeria’s under-developed upstream.
Sonatrach inks deals with Gulf partners
NEWS IN BRIEF
Morocco Plans To Phase Out Coal By 2040
31 Oct, 2025
Egypt To Launch Red Sea Offering
31 Oct, 2025
Eni Completes Final Zohr Sidetrack
31 Oct, 2025
Jordan Signs Up Kuwaiti Driller For 80 Risha Wells
31 Oct, 2025
Adnoc Sour Gas To Start In 2026, Says PTTEP
31 Oct, 2025
Qatar Signs 17-Year India LNG Deal
31 Oct, 2025
US China Suspend Port Fees Clash
31 Oct, 2025
Ratqa Steam Co-Generation Plans
31 Oct, 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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