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Wood Mackenzie

Wood Mackenzie latest

Remarkable leap in crude oil prices are not expected for the rest of 2017. (File photo)
May 25th, 2017 - 11:21 GMT

Oil Prices Won't Be Affected by OPEC Cut Extension: Experts

An extension of the cut deal by OPEC won't have a long-term impact on crude oil prices, according to experts.
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"The oil, gas and petrochemicals sectors will continue to be the backbone of economies across the Mena region," said Meed editorial director Richard Thompson. (Shutterstock)
February 20th, 2017 - 11:00 GMT

MENA continues heavy oil and gas spending despite low oil prices

Recently, members of Oman’s Shura Council called for fuel prices to be fixed annually instead of monthly and to help low income families afford fuel. (Shutterstock)
February 7th, 2017 - 05:28 GMT

Bring subsidies back? Call for 'fuel stamps' to help the poor in Oman

Many of the companies looking at Eni's Zohr are either already active in Egypt or have recently landed bordering acreage in Cyprus, such as Exxon Mobil and Total.  (Eni)
August 14th, 2016 - 09:00 GMT

Eni mulls sale of 20 percent stake in Egypt's giant Zohr gas field

The Organization of Petroleum Exporting Countries said in its latest monthly market report it estimated about $290 billion was cut from spending plans across the globe in the last year.  (AFP/File)
May 15th, 2016 - 11:30 GMT

Oil exploration and production spend to be halved over next two years: OPEC

Al Bawaba
April 16th, 2015 - 08:31 GMT

Rising in the face of oversupply: Brent crude hits 2015 highs

Al Bawaba
January 29th, 2015 - 03:31 GMT

They really haven't hit a floor: oil falls to new six-year lows as US stockpiles more supplies

Al Bawaba
June 16th, 2011 - 01:12 GMT

Arab Spring likely to leave oil firms unharmed

Al Bawaba
August 1st, 2000 - 02:00 GMT

Déjà vu at Opec, all over again

Al Bawaba News

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