Saudi Arabia and the United Arab Emirates have been working to increase their domestic gas production. Middle East oil and gas producers see an opportunity for long-term LNG supply contracts Continue Reading
While Iran says it isn’t trying to build nuclear weapons, a look at its key facilities suggests it could develop the technology to make them. WSJ breaks down Tehran’s capabilities Continue Reading
Highlights Main producing field, Greater Burgan, is aging Kuwait has been averse to foreign investment But $1 billion loan deal with Japan could help Kuwait is close to exhausting its Continue Reading
Iraq is stuck in a purgatory of caretaker governance — unable to make strategic decisions in the oil sector and beyond — as political leaders in Baghdad escalate their 10-month Continue Reading
Lebanon’s armed Hezbollah group threatened Israel that drilling at the Karish gas field could result in war. Israel and Lebanon are in a years-long dispute over the demarcation of their Continue Reading
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited by Reuters. The Continue Reading
Iraq’s state-owned Basra Oil Company (BOC) has told international oil companies not to work with four major oil services companies operating in Iraqi Kurdistan — the first sign that the Continue Reading
ADNOC awarded $2 billion worth of drilling contracts for Hail and Ghasha sour gas projects. The UAE is looking to achieve self-sufficiency in natural gas production. The contracts are part Continue Reading
Russia’s Rosatom has awarded TSM Enerji the contract to undertake the remaining construction work at the $20 billion nuclear power plant it is building in Akkuyu in southern Turkey, the Continue Reading
The U.S. is considering sanctions that would target a United Arab Emirates-based businessman and a network of companies suspected of helping export Iran’s oil, part of a broader effort to Continue Reading
