Corporate

MENA has the world's largest upstream reserves. But tough terms and, in some countries, an outright ban on foreign operators, means it is often a difficult hunting ground for international oil firms. Total sees the advantage in low-cost barrels in Abu Dhabi, and underpriced (it reckons) Libya assets. Chinese and Russian firms are also expanding. But many US firms are pulling back, eyeing better returns in domestic shale.

Corporate

13 Dec, 2024

Featured

UAE Gas Growth Outlook

Adnoc Gas cites the UAE’s massive artificial intelligence ambitions in hiking its domestic gas demand forecasts to well over 100bcm/y by 2030, up from 73bcm for 2023.
UAE Gas Consumption Hit An 8-Year High For 2023 (bcm)
Corporate

10 Jan, 2025

Top Story

Zohr Drilling Set To Proceed Despite Continued Eni-Cairo Tension

Eni is to press ahead with more Zohr drilling later this month in a bid to bolster output. It is hoping Cairo lets it resume LNG exports as a quid-pro-quo.
Egypt’s Zohr Gas Field: Output Has Dropped To 1.6bn cfd Ahead Of Development Drilling That Aims To Add 220mn cfd By Mid-2025 (bn cfd)
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NEWS IN BRIEF

BP-Kirkuk: Not Quite There

17 Jan, 2025

Total Cuts Iraq Flaring

17 Jan, 2025

Petro Rabigh Eyes Enhanced Crude-To-Chemicals

17 Jan, 2025

Iran Gasoline Consumption Up

17 Jan, 2025

Adnoc Gas Targets Graphene

17 Jan, 2025

Taiwan Crude Imports ('000 b/d): Us Closes Gap To Top Supplier Saudi Arabia In 2024

17 Jan, 2025

Adnoc Gas Awards $2.1bn Contracts For Ruwais LNG

10 Jan, 2025

Adnoc Completes $1bn Shipping Takeover

10 Jan, 2025

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SELECTED DATA

Gazprom's Libya Assets* Have Been Punching Well Below Their Weight In Recent Years

Adnoc Increases* Planned Murban Exports From August Onwards (mn b/d)

Algeria’s BP & Equinor-Led In Amenas And In Salah Gas Projects Saw Their Combined Output Hit A Near Two Year High In 1Q21 (mn cfd)

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