Oil & Gas
Key MENA countries rely on oil & gas for well over 50% of their revenue. For Iraq and Algeria, hydrocarbons provide over 90% of their export earnings. Whilst Saudi Arabia has a (so far largely rhetorical) National Transformation Plan, other countries have barely begun to consider how to adapt to the looming 'energy transition'.
Oil & Gas
22 May, 2026
Featured
Iraqi Government Uphill Task
Iraq’s new prime minister faces an unprecedented array of challenges due to the Hormuz crisis. Much will depend on oil minister Bassim Khudair.
Iraq's Crude Exports* ('000 b/d) Hit A Record Low 329,000 b/d In April
Oil & Gas
29 May, 2026
Top Story
Chevron & Eni Prepare For Crucial Egypt Appraisal Wells
Egypt hopes that two appraisal wells being drilled by Eni and Chevron will unlock new gas production next year as it seeks to reverse output declines.
Egypt Mediterranean Drilling Activity & Key Blocks
NEWS IN BRIEF
Eni Makes Egypt Western Desert Gas Find
29 May, 2026
Gaza Ceasfire Under Strain
29 May, 2026
Chiyoda To Resume Work On Qatar NFE LNG
29 May, 2026
Sungrow Wins Abu Dhabi Electricity Storage Contract
29 May, 2026
Shamaran Delists From Toronto
29 May, 2026
Egypt Accelerates Arrears
29 May, 2026
Cyprus Approves Cronos Development Plan
22 May, 2026
Exxon, QatarEnergy Sign Egypt Mou For Cyprus Gas
22 May, 2026
SELECTED DATA
Libya Crude Output (‘000 B/D): December’s 1.35mn b/d Was The Highest Monthly Figure Since Early 2013
Kuwait Heavy Crude Oil Production Has Posted Steady Gains (‘000 b/d)
Algeria’s Gas Exports Fell By 6.6% To 48.7bcm For 2024 With Both LNG And Key Pipeline Customer Italy Well Down (bcm)
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