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
10 Jul, 2026
Featured
Israel Launches Bid Round
Nearly five months after promising an imminent launch, Israel has finally opened its fifth offshore licensing round, quietly dropping one exploration zone.
Israel Offshore Bid Round 5 Blocks
Oil & Gas
10 Jul, 2026
Top Story
Israel Completes Offshore Pipeline, Boosting Egypt Exports
Completion of the Ashdod-Ashkelon offshore pipeline removes a bottleneck in Israel’s gas network, paving the way for higher exports to Egypt and supporting Leviathan’s next growth phase.
Israel-Egypt Flows Rise Above 1bn Cfd For May Ahead Of July Export Capacity Increase (mn cfd)
NEWS IN BRIEF
Sabic Plans Rongsheng Petrochemicals Tie-Up
17 Jul, 2026
OQ Subsidiaries Book Increased 1H Profits
17 Jul, 2026
Adnoc Distribution Buys Shell’s South Africa Network
10 Jul, 2026
Adnoc To Reinforce Korea Inventories
10 Jul, 2026
Saudi Arabia Advances Green Hydrogen Marketing
10 Jul, 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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