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
23 Oct, 2026
Featured
Eni Finishes Libya Gas Project
The Bouri Gas Utilization Project will cut flaring and meet growing domestic gas demand, helping sustain dwindling gas exports.
Libya’s Gas Exports To Italy Have Slumped In Recent Years, Ending 2025 With A Record Low (mn cfd)
Corporate
23 Oct, 2026
Top Story
Kurdistan Oil Patch Consolidation, GKP And ShaMaran To Merge
The planned Gulf Keystone-ShaMaran merger accelerates the consolidation of IOCs in Kurdistan. The combined entity’s planned expansion in Federal Iraq is also indicative of the KRG’s waning control over Kurdistan’s oil sector.
Northern Iraq And Kurdistan Oil & Gas Infrastructure
NEWS IN BRIEF
Egypt Holds Fuel Prices Through Year-End
23 Oct, 2026
Fertiglobe Eyes $1.5bn Egypt Fertilizer Project
23 Oct, 2026
EBRD Backs $566mn Egypt Solar Project
23 Oct, 2026
Syria Petroleum Company CEO Replaced
23 Oct, 2026
Iraq Signs Exxon Up For Seawater Treatment
23 Oct, 2026
Aramco CEO Confirms Master Gas System Phase 4 Plans
23 Oct, 2026
Saudi-Kuwait Expand Electricity Cooperation
16 Oct, 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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