Middle East

The Middle East Gulf is home to some of the world’s largest oil producers, including the five largest producers in Opec. It also home to the world’s largest LNG exporter Qatar which is planning a major capacity expansion. Key priorities for these petrostates include seeking to spark economic diversification and reducing their dependence on the Strait of Hormuz chokepoint through which the bulk of their exports flow.

Corporate

28 Oct, 2022

Featured

Sarsang Facility Starts Up

A new 25,000 b/d production facility has been brought online at Kurdistan’s Sarsang license, providing the region’s biggest capacity boost in five years.

Sarsang Output Drops ('000 b/d)

Economics & Finance

4 Nov, 2022

Top Story

Saudi Arabia Set For Huge 2022 Surplus Despite Q3 Squeeze

Saudi Arabia will this year end a run of eight consecutive budget deficits. Resurgent oil revenues are feeding an expanded spending program.

Saudi Arabia Government Revenues: Oil’s Share Surges As Tax Receipts Dry Up ($Bn)

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NEWS IN BRIEF

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20 Dec, 2024

Adnoc: Big Hitters For XRG Board

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