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
3 Jul, 2026
Featured
NewMed Faces Legal Woes
An Israeli court has ruled that NewMed Energy may have misled investors over risks embedded in a 2018 export deal with Egypt.
Israel Gas To Egypt (mn cfd)
Corporate
3 Jul, 2026
Top Story
Genel Diversifies Production Base With Egypt Entry
Genel is on the cusp of securing acreage in Egypt through its Capricorn takeover, finally ending its risky dependence on Kurdistan.
Cheiron/Capricorn Egypt Western Desert Acreage
NEWS IN BRIEF
Adnoc Distribution Buys Shell’s South Africa Network
10 Jul, 2026
Adnoc To Reinforce Korea Inventories
10 Jul, 2026
Saudi Arabia Advances Green Hydrogen Marketing
10 Jul, 2026
Egypt Installs Second Nuclear Reactor Vessel
10 Jul, 2026
Kurdistan Targets 170,000 b/d Output Restart
3 Jul, 2026
Adnoc’s Shipping Arm Expects Profit Boost
3 Jul, 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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