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New Saudi and Emirati gas finds boost export hopes

Location:

UAE/SAUDI ARABIA

Further exploration and appraisal work will be needed to gauge how much gas can be recovered from the new discoveries and at what cost. The global demand slump following COVID-19…

Gulf states will struggle to meet domestic gas demand

Location:

KUWAIT/SAUDI ARABIA/UAE

Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are pursuing ambitious natural gas plans that depend on relatively high-cost non-associated gas developments.

Petroleum investors could cut their losses in Yemen

Location:

YEMEN

Yemeni oil production.

The Gulf will take on the energy transition challenge

Location:

GULF STATES

The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile…

United Arab Emirates will boost oil and gas output

Location:

UNITED ARAB EMIRATES

Recent high prices have generated windfall revenues for this investment. Projected declines in global oil demand support the increased extraction policy. In parallel ADNOC is…

Oman's gas sector will be prioritised over oil

Location:

OMAN

Foreign investment in the last decade has helped to raise gas output and stabilise oil production, but the prospects for major new oil discoveries are slim. As its foreign markets…

Iraq’s hydrocarbon prospects at risk from politics

Location:

IRAQ

Resurgent interest from international oil companies (IOCs) in upstream investment offers an opportunity to accelerate development of Iraq’s underexploited oil and gas reserves but…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Iran gas can diversify European supplies in long term

Location:

IRAN

The deal reached between Iran and the P5+1 negotiating group (UN Security Council permanent members plus Germany) on July 14 promises to end most sanctions on the country, in…

Gulf states’ non-oil growth will depend on oil income

Location:

GULF STATES

The deal links two key sectors in the six Gulf Cooperation Council (GCC) countries’ efforts to diversify their hydrocarbon-dependent economies, connecting transportation and…