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.
15 Nov, 2024
Featured
QatarEnergy Expands In Egypt
Qatar’s state energy giant has farmed into a seventh Egypt exploration block. Wildcat drilling is already underway on North El Dabaa, with the adjoining block where Qatar partners Exxon set to follow suit next month.
QatarEnergy Key East Mediterranean Assets
22 Nov, 2024
Top Story
Aramco-China Oil-To-Chemicals Ties Leap Forward
Construction has begun on a $10bn Aramco-Sinopec refinery and petchems complex in China’s Fujian province. A second giant oil-to-chemicals complex grouping Aramco with Chinese state firms is over 50% complete and on pace for 2026 start-up, whilst a third Aramco partner, Rongsheng, plans to invest in expansion of Aramco’s Sasref refinery.
Key Projects For Saudi Aramco’s 4mn B/D Liquids-To-Chemicals Target
NEWS IN BRIEF
Adnoc: Big Hitters For XRG Board
13 Dec, 2024
Genel Loses Kurdistan Gas Ruling
13 Dec, 2024
Iraqi Kurdistan: GKP Shaikhan Upgrade, Export Hope
13 Dec, 2024
Oman: Tethys Flops In Block 58
13 Dec, 2024
Moroccan Mining Firm Takes Control Of Gas Project
13 Dec, 2024
Russia-China Gas Deliveries Hit ‘Full Capacity’
13 Dec, 2024
Opec SEC Gen: Second Term
13 Dec, 2024
Aramco: Landmark CCS Deal
6 Dec, 2024
SELECTED DATA
Gazprom's Libya Assets* Have Been Punching Well Below Their Weight In Recent Years
Adnoc Increases* Planned Murban Exports From August Onwards (mn b/d)
Algeria’s BP & Equinor-Led In Amenas And In Salah Gas Projects Saw Their Combined Output Hit A Near Two Year High In 1Q21 (mn cfd)
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