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

22 May, 2026

Featured

Apache Bet's On Egypt Gas

Apache is doubling down on gas investments in Egypt with CEO John Christmann saying the company’s output is saving Cairo the equivalent of two LNG import cargoes a month.
Apache Expects Egypt Gas Output To Reach 540mn cfd in Q2
Corporate

29 May, 2026

Top Story

Energean Expects Imminent Israel Oil Boost

After a tough first quarter, Energean hopes to commission a new oil train at Israel’s Karish field within days, boosting output of high-value liquids.
Karish Conflict-Linked Shutdown Drives Energean Q1 Slump (‘000 boe/d)
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Read more

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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