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

28 Nov, 2025

Featured

Iran Banks West Karun Gains

Iran is expanding its West Karun oil capacity as a long-delayed processing facility at Azadegan is finally being brought online.
Iran’s Crude Oil Production Remains Strong Despite Us Sanctions (mn b/d)
Oil & Gas

28 Nov, 2025

Top Story

Energean Eyes Export Pathways For Israel Expansion Volumes

Energean is examining potential export routes for its Katlan gas development offshore Israel, due online in 1H27. Egypt, where the firm also has production, is the likeliest destination, but it is also looking at Cyprus. Energean’s CEO is also calling for greater energy-sector collaboration between Eastern Mediterranean states, and the creation of a regional gas market.
Karish & Egypt Dips Drive slight Energean 9M25 Output Decline (‘000 boe/d)
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NEWS IN BRIEF

Kurdistan’s Khor Mor Shut Down After Attack

28 Nov, 2025

Cyprus LNG Import Project Decisions Loom

28 Nov, 2025

Cyprus-Lebanon Ratify Maritime Border Eye Interconnection

28 Nov, 2025

Ades Completes Purchases of Shelf Drilling

28 Nov, 2025

GCCIA Signs Contracts For Oman, UAE Expansion

28 Nov, 2025

Adnoc Gas Signs $4bn Deal With Emsteel

28 Nov, 2025

Abu Dhabi Firm To Invest $1bn In Yemen Energy Sector

28 Nov, 2025

GulfNav Completes Brooge Purchase

28 Nov, 2025

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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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