Oil & Gas

Lebanon is pushing forward with its second offshore bid round having closed the first one last October. Awards are slated for end-2019, but delays are likely.

Infrastructure bottlenecks are increasingly limiting output growth at Texas’ key Permian shale play, which now accounts for 30% of US crude output.

China has been by far the largest single buyer of US crude so far this year, whilst for LNG...

With regularized payments from its stake in the prolific Tawke license, Genel is set to begin talks with the KRG to decouple oil and gas development at Bina Bawi field.

Israel’s Tamar gas field, the country’s sole producer, saw output hit a quarterly record of 1.019bn cfd in Q2...

Turkey has unashamedly mixed gas and politics in its East Med exploration strategy as the country approaches an upcoming exploration campaign.

Egyptian state gas firm Egas has extended the deadline for a keenly-watched bidround for blocks in the Mediterranean to...

Bahrain’s virgin LNG import project is making key progress towards hitting its 1Q 2019 start-up target. Bermuda-registered Teekay LNG, the...

OMV became the first IOC to restart production in Yemen in April. The risky return has begun to pay off, with exports resuming from the firm's Habban field.

Iraq's oil ministry announced this week that state firms will develop the Mansuriya and Nasiriya fields. The move is primarily due to IOC concerns.

Egypt's long suffering oil sector is on the up with output hitting a 10-month high. Increased activity from majors in the Western Desert could see more gains.

A return to "instability as usual" has kicked hopes of a much needed return to long-term investment into the long grass despite IOCs reporting buoyant 1H output.