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'.
1 May, 2026
Featured
Cronos Deadline Looms
Talks between Cyprus and the Cronos gas field developers have yet to achieve a breakthrough ahead of a deadline later this month.
Cyprus Key Blocks & Gas Discoveries
8 May, 2026
Top Story
UAE Enters Post-Opec Era With 120Bn-Barrel Resource Base
With the Strait of Hormuz closed, the UAE has not yet been able to capitalize on the new operational flexibility enabled by its Opec exit. Once exports are normalized, it will be able to tap into its substantial spare capacity; especially once capacity hits 5mn b/d next year.
Adnoc Key Oil And Gas Infrastructure
NEWS IN BRIEF
World Bank Approves $1bn Egypt Reform Package
15 May, 2026
TotalEnergies Signs Egypt West Med MoU
15 May, 2026
Kuwait Captures Iranian Operatives
15 May, 2026
Iraq’s BGC Exports Condensate Cargo
15 May, 2026
Saudi’s Rabigh 4 Desalination Plant Brought Online
15 May, 2026
Trump-Xi Summit: No Iran Breakthrough
15 May, 2026
Israel To Examine Gas Storage Potential
8 May, 2026
Second Iraqi Fuel Oil Tanker At Banias
8 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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