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MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years
December 19th, 2019 - 08:00 GMT

MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years

Total committed and planned investments in the Mena region’s gas sector is expected to decline by $70 billion year-on-year (y-o-y) over the next five years, said the Arab Petroleum Investments Corporation (Apicorp) in a new report. Apicorp’s research titled “Gas Investments Outlook 2019-2023” indicates that the total committed and planned investments fell largely due to Saudi Arabia successfully commissioning major projects and lower prospects for Iran’s gas sector. Out of ...
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The existence of rival governments and rival prime ministers in Tripoli are a nightmare for foreign oil companies, oil traders and diplomats.
June 11th, 2014 - 11:14 GMT

How Libya's oil troubles have literally become everyone's nightmare

Al Bawaba
April 29th, 2014 - 10:05 GMT

Iran ready to boost economic and trade ties with Germany

Pressure on French energy giant Total to pay more for liquefied natural gas that it ships from Yemen has intensified.
February 18th, 2014 - 03:55 GMT

Yemen's energy troubles weighing hard on French Total

Al Bawaba
February 12th, 2014 - 05:33 GMT

Obama warns firms rushing for business with Iran

“So if we’re going to stop that nuclear programme and that quest for nuclear weapons, we have to either do it diplomatically or do it militarily,” he said.
February 4th, 2014 - 09:44 GMT

Hold your horses, everyone: US declares Iran not "open for business"

The crisis has seen output plunge to about 250,000 bpd from nearly 1.5 million bpd before.
January 5th, 2014 - 05:24 GMT

A glimpse of hope? Libya to resume limited oil production

Previously, Iran has dealt with foreign companies through “buybacks”. According to sources, the meetings in London will allow Iran to present the findings of a review of these contractual terms.
December 3rd, 2013 - 10:53 GMT

European oil giants ready for business with Iran

The return of Iran to the international community would be beneficial for its neighbouring countries including the Gulf Arab states, a top international oil executive has said.
November 11th, 2013 - 04:55 GMT

GCC to get a 'kick' out of lifting sanctions on Iran

The Anglo-Dutch major, in charge of operations at the southern Majnoon oil field, said on Friday it aims to boost output to 175,000 barrels per day (bpd) in October.
September 22nd, 2013 - 10:30 GMT

Shell resumes Iraqi production in Majnoon oilfield

More than 50 local and international companies have signed agreements with KAEC,
August 20th, 2013 - 12:01 GMT

King Abdullah's Economic City labour complex to reach news heights

Baghdad claims sole authority over oil exploration and export. It has already accused the Kurds in the past of smuggling crude via Iran and keeping the revenue for itself
August 13th, 2013 - 10:34 GMT

Smuggling or deserved autonomy? Kurdistan's second route for crude via Iran

South Sudan might collapse without oil, the main source for the budget apart from foreign grants
July 22nd, 2013 - 07:55 GMT

South Sudan throws in the towel: plans to shut down oil production

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