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

26 Mar, 2021

Featured

Aramco's 2020 Capex Cuts Push Back Key Upstream Project Timelines

Saudi Aramco has delayed major upstream projects by two years as it slashed capex in 2020. But it plans to bring upstream spending back to pre-Covid levels for 2021. The absorption of Sabic means an increased petchems outlay, whilst hydrogen becomes a key focus.
Saudi Aramco Capex ($Bn): 30% Hike Planned For 2021 With $6bn Of The $8bn Gains Slated For The Upstream
Oil & Gas

2 Apr, 2021

Top Story

Iraq & Total Reach Initial Deal On $7bn Of Projects

Iraq is confident it can seal a deal for French major Total to invest in key projects covering gas development, renewables, and a massive water injection project to enable crude oil output gains. But can these ambitious plans survive Iraq’s politics?
Iraq's Gas Flaring Has Fallen But Still Accounts For 50% Of Gross Output (bn cfd)
Choose Countries
Load more

NEWS IN BRIEF

Iraq Seeking A Replacement For Exxon At West Qurna 1?

16 Apr, 2021

Iraq Fast Tracks Gas Capture At Halfaya

16 Apr, 2021

Tawke Partners Boost Production In 2021

16 Apr, 2021

Iran’s Natanz Nuclear Facility Offline After Sabotage

16 Apr, 2021

Saudi Arabia’s Advanced Awards Key Petchems Projects

16 Apr, 2021

More Egypt Solar Greenlighted

16 Apr, 2021

Libya Recommits To Maritime Boundary With Turkey

16 Apr, 2021

US Output: February Slump But Steady Gains Now Forecast

9 Apr, 2021

Read more

SELECTED DATA

Saudi Arabia: Oil & Overall Rig Count At 10-Year Low

Oman’s Rig Count Is At The Lowest Since 2013

1: Algeria’s Oil Output Is Set For Its Lowest Level Since At Least 1993 With Exports Also At Record Lows (Mn B/D)

Get Our Headlines Weekly

Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.

By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.