- Sort by:
- Score
- Published ▼
-
Egypt: New Deals Boost Gas Output, Oil Decline Continues
...the fourth quarter to be the highest of the year, and we anticipate exiting the year around 500mn cfd,” he adds. This in turn would be a two-year high if achieved, although still a far cry from the record 921mn cfd posted in 1Q 2014. While welcome news for Egypt, Apache’s gas gains are un...
Volume: 68Issue: 20Published at Fri, 16 May 2025 -
Deadly Clashes Threaten Libya’s Short-Lived Stability
...nister Khalifa Abdelsadiq hailed the relative stability the country has witnessed in the past few years, stressing that Libya was “open for business,” with existing partners like Repsol and OMV, as well as Italy’s Eni, recently resuming drilling in Libya for the first time since 2014 (MEES, 28 Fe...
Volume: 68Issue: 20Published at Fri, 16 May 2025 -
Aramco Steps Up Multi-Billion Dollar Refinery Upgrade Strategy
...erica and Asia, and in late 2014 a clean fuels upgrade program was completed which reduced the sulfur levels in gasoline and diesel by more than 98% to 10 parts per million (MEES, 2 January 2015). Aramco is looking to upgrade its domestic refining fleet as part of broader plans to boost its liquids-to...
Volume: 68Issue: 18Published at Fri, 16 May 2025 -
Gulf NOCs Tap Into World-Leading US LNG Sector
...amco in the race. Indeed, QatarEnergy was by far the earliest mover, having agreed in 2014 to convert its Golden Pass LNG import terminal (QatarEnergy 70%, ExxonMobil 30%) into an export terminal (MEES, 11 July 2014). More than a decade later, Qatar’s Minister of State for Energy Affairs Saad al-Ka...
Volume: 68Issue: 20Published at Fri, 16 May 2025 -
Saudi Budget Deficit Swells To Largest Since 2021
...er the same period, despite capital investments falling by $1.8bn to a two-year low of $7.4bn. These all combined to push the budget deficit up to $15.7bn, which was the highest quarterly figure since 4Q 2021’s $18.2bn. Indeed, it is the worst start to the year since 2016, at the height of the 2014...
Volume: 68Issue: 19Published at Fri, 09 May 2025 -
Algeria’s First Bid Round In A Decade: Will It Be A Major Success?
...Algiers is close to wrapping up its first bid round since 2014. It hopes to attract some of the largest international players, including possible country entries for US majors Chevron & ExxonMobil, and a re-entry for BP, with Asian and Gulf NOCs also a strong possibility. But one of the co...
Volume: 68Issue: 18Published at Fri, 02 May 2025