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KRG Signs US Firms Up To New Gas Development Contracts
...rchased by US Crest Energy International in 2017 and taken private (MEES, 2 June 2017). “I’m very pleased to be here again back in Washington, especially to witness and monitor the signing of these two very important deals. Both companies, HKN and WesternZagros, have been operating in Kurdistan for ma...
Volume: 68Issue: 21Published at Fri, 23 May 2025 -
Can Iran’s Nuclear Power Program Offset Surging Consumption?
...om their 20GW plan, Iran will be lucky to hit 10% of that mark. According to the International Atomic Energy Agency (IAEA), the only other plant currently under construction in Iran is the 915MW Bushehr-2 plant. Construction began in 2017 with Russian state firm Rosatom at the helm (MEES, 31 Ma...
Volume: 68Issue: 21Published at Fri, 23 May 2025 -
Trump Offers Syria ‘Chance At Greatness,’ Pledges To Remove US Sanctions
...000 b/d of oil and suffered massive damage when ‘Islamic State’ fighters targeted its 88mn cfd capacity processing plant (MEES, 29 September 2017). It was subsequently repaired and operated by GPC, but that also begs the question as to whether the current government would be keen to hand it back. PR...
Volume: 68Issue: 20Published at Fri, 16 May 2025 -
Aramco Steps Up Multi-Billion Dollar Refinery Upgrade Strategy
...line next year. Now, Aramco is once again examining whether to integrate petrochemicals into its wholly-owned 635,000 b/d Motiva refinery at Port Arthur in the US. Previously operated by the 50:50 Motiva JV with Shell, Aramco took full control of the refinery in 2017 (MEES, 10 March 2017). Mr Na...
Volume: 68Issue: 18Published at Fri, 16 May 2025 -
Will Increased Saudi Oil Production Translate Into Higher Summer Exports?
...cle US shale activity could have a material impact on global balances, creating space for increased volumes from Saudi Arabia and its fellow Opec+ producers. 1: SAUDI CRUDE BURN HAS STARTED THE YEAR AT THE LOWEST LEVEL SINCE 2017 (‘000 B/D) SOURCE: JODI, MEES. 2: HOW WILL PR...
Volume: 68Issue: 19Published at Fri, 09 May 2025 -
Kuwait’s Extends Shell’s Key Upstream Role
...SA, which runs for 10 years (MEES, 21 March). There have been no subsequent ETSAs awarded, despite previous plans to award new contracts for heavy oil development (MEES, 2 June 2017) and for West Kuwait (MEES, 20 April 2018). Plans to develop a new contract model have also yet to reach fruition (ME...
Volume: 68Issue: 18Published at Fri, 02 May 2025