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

11 Sep, 2026

Featured

Energean Rebound & BP Bid

Energean’s Karish rebound has lifted output and cash flow, strengthening its position as it pursues most of BP’s Egyptian portfolio.
Energean Output ('000 boe/d): Karish Rebound Lifts Q2 Group Output To 134,000 boe/d
Corporate

2 Oct, 2026

Top Story

XRG & TotalEnergies Take FID On Absheron Phase 2

Phase 2 development of Azerbaijan’s Absheron gas field is underway. The field is a core part of XRG’s burgeoning Caspian gas portfolio.
Caspian Gas Makes Up The Smallest Share Of Eu Gas Supply In The First Nine Months Of The Year* (%)
Choose Countries
Load more

NEWS IN BRIEF

Saudi Arabia Prepares To Host Wpc Energy Congress

2 Oct, 2026

Saudi Arabia Sees 2026 Budget Deficit Widening

2 Oct, 2026

Cyprus Targets October Aphrodite-Ishai Deal

2 Oct, 2026

IFC Mulls $120mn For Gebel El Zeit

2 Oct, 2026

Scatec Starts 900MW Egypt Wind Construction

2 Oct, 2026

Egypt-Saudi HVDC Connection Nears Completion

2 Oct, 2026

Syria Plans Arab Gas Pipeline Extension

2 Oct, 2026

Saudi Arabia: More CCGT Gains

25 Sep, 2026

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)

Get Our Headlines Weekly

Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.

By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.