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Oil & Gas News & Analysis

News

Tanker in the port of Kuwait

Kuwait activates emergency plan for oil Subscription Required

30 March 2015 | By Wil Crisp

Plan involves security measures for operations both inside the country and abroad

Iran's Foreign Minister Mohammad Javad Zarif

Iran and world powers meet for nuclear talks Subscription Required

30 March 2015 | By Mark Watts

Two days of talks in Lausanne remain before deadline on nuclear agreement

Petchems

Al-Zour study time frame outlined Subscription Required

30 March 2015 | By Wil Crisp

Plans for petrochemical integration are in the prefeasibility phase

Refinery

No quick decision on Al-Zour retender Subscription Required

30 March 2015 | By Wil Crisp

Senior official says he does not expect early verdict on refinery’s future

Gas processing plant

Aramco extends Fadhili tender deadline Subscription Required

30 March 2015 | By Kevin Baxter

Gas project in Eastern Province will have more time to formulate bids

Gas turbine plant

GE wins long-term gas services contract Subscription Required

29 March 2015 | By Mark Watts

US group to provide maintenance at UAE gas group’s Das Island facilities

Shale gas drilling rig on a field

Aramco tries new shale strategy Subscription Required

29 March 2015 | By Kevin Baxter

Oil major looking to increase operational capabilities in sector

Iranian oil could cause problems

Iranian oil could cause problems Subscription Required

29 March 2015 | By Kevin Baxter

Major surge in supply could have catastrophic effect on producers

Aramco reignites oil terminal plan

Aramco reignites oil terminal plan Subscription Required

26 March 2015 | By Kevin Baxter

Saudi oil major invites contractors for $200m scheme

Al-Zour refinery talks step up a gear

Al-Zour refinery talks step up a gear Subscription Required

26 March 2015 | By Wil Crisp

Meetings scheduled to discuss pricing

Refinery

UK firm awarded Oman services contract Subscription Required

26 March 2015 | By Mark Watts

Engineering group to provide technical services to refineries and petrochemicals plants

Isis suspected of abductions

Two oil workers freed in Libya Subscription Required

26 March 2015 | By Wil Crisp

Workers were employed by Value Added Oilfield Services

An armed man walks on the rubble of houses destroyed by an air strike near Sanaa airport on 26 March. Saudi Arabia and Gulf region allies have launched military operations including air strikes in Yemen

Saudi allies deploy warplanes against Yemen’s Houthis Subscription Required

26 March 2015 | By Wil Crisp

UAE, Kuwait, Bahrain, Qatar and Jordan commit 76 fighter jets

Libyan oil

Libyan oil field project revived Subscription Required

25 March 2015 | By Wil Crisp

Eni joint venture tenders nitrogen system overhaul

Oil field

Abu Dhabi receives bids on Bab oil field scheme Subscription Required

23 March 2015 | By Mark Watts

Bab Integrated Facilities expansion valued at just under $2bn

Onshore oil drilling

Gulf Keystone restarts Shaikan oil production Subscription Required

22 March 2015 | By Mark Watts

UK-listed group receives pre-payments for exports from Iraqi Kurdistan

Wintershall restarts Libyan onshore oil production

Wintershall restarts Libyan onshore oil production Subscription Required

22 March 2015 | By Wil Crisp

Fields producing 30,000 barrels a day

Oil storage

Ras Markaz terminal in final design stage Subscription Required

19 March 2015 | By Mark Watts

Oman expects to complete first phase of storage project by 2018

Aramco refining capacity

Saudi Aramco to close Jeddah refinery in 2016 Subscription Required

18 March 2015 | By Kevin Baxter

Complex to be completely decomissioned after 49 years of service

Mudadala Petroleum to explore off Morocco coast

Mubadala Petroleum to explore off Morocco coast Subscription Required

18 March 2015 | By Mark Watts

Abu Dhabi group to evaluate 3,433-square-kilometre Mediterranee Ouest area

Comment

Kevin Baxter

South Korea builds closer GCC ties

30 March 2015 | By Kevin Baxter

Seoul wants to export more to the region

Kevin Baxter

Aramco programme looks to the future

29 March 2015 | By Kevin Baxter

Oil major ties up long-term engineering contract and calls time on ageing refinery

Wil Crisp

Kuwait could re-tender Al-Zour refinery

26 March 2015 | By Wil Crisp

Refinery negotiations reach critical point as state oil firm holds talks with contractors

Refinery

Kuwait’s Al-Zour refinery negotiations at a critical juncture

26 March 2015 | By Wil Crisp

KNPC to decide on possible re-tender

Aramco calls time on Jeddah refinery

Aramco calls time on Jeddah refinery

17 March 2015 | By Kevin Baxter

Decommissioning the aged facility seems to be the right way to go, given the new refineries coming online in the kingdom

Refinery

Kuwait's Al-Zour refinery in danger of stalling Subscription Required

11 March 2015 | By Wil Crisp

Any new delays to the refinery project must be avoided

Saudi Arabia needs as much domestic gas as possible and this makes the Fadhili gas plant an essential scheme

Aramco’s commitment to gas Subscription Required

11 March 2015 | By Kevin Baxter

Fadhili plant essential for kingdom’s industrialisation plans

Kevin Baxter

Khurais field's future under threat Subscription Required

5 March 2015

Saudi Aramco will make decision when cost savings are established

Kevin Baxter

Aramco pushing ahead with Jizan refinery Subscription Required

5 March 2015

The $20bn investment is expected to drive growth in the remote area of Saudi Arabia

Refinery

Aramco’s selective spending Subscription Required

3 March 2015 | By Kevin Baxter

Oil major focusing on specific schemes is right strategy at this time

Refinery

Jizan turning the corner Subscription Required

24 February 2015 | By Kevin Baxter

Economic forum will bring renewed hope for the region

Erbil, capital of the Kurdistan region of northern Iraq

Shifting borders in northern Iraq Subscription Required

24 February 2015 | By Mark Watts

Isis has provided a smokescreen for power plays in embattled region

Kevin Baxter

Saudi Arabia's tight gas plans take shape Subscription Required

23 February 2015 | By Kevin Baxter

Saudi Aramco is committed to unconventional gas project in the kingdom

UAE upstream market set for quiet year

UAE upstream market set for quiet year Subscription Required

17 February 2015 | By Mark Watts

Fewer large projects set to be awarded in Abu Dhabi after three-year spending spree

Offshore oil rig

Aramco looks to share the pain Subscription Required

10 February 2015 | By Kevin Baxter

Bullish production policy means oil major can’t make too many demands from its upstream vendors

Petrochemicals industry

Why regional petrochemicals producers fear cheap oil Subscription Required

3 February 2015 | By Kevin Baxter

Low-cost naphtha could create a projects boom in the world’s manufacturing hubs

The tender for Abu Dhabi’s onshore oil concession has been called the biggest upstream prize available for international oil companies in the Middle East

The Middle East’s biggest oil prize Subscription Required

3 February 2015 | By Mark Watts

The Abu Dhabi onshore concession is one of the only major regional assets up for grabs for international oil companies

Analysis

Fujairah oil storage continues rapid expansion Subscription Required

30 March 2015 | By Mark Watts

Capacity demand rises as traders hold stocks while crude prices stay low

Al-Maktoum International location

Boom in Egypt oil and gas project awards expected Subscription Required

23 March 2015 | By Wil Crisp

Contracts worth $37.2bn expected to be signed before the end of 2018

Average breakeven prices for non-producing assets, 2020

Saudi Arabia may use swing capacity to drive volatility Subscription Required

18 March 2015 | By Mark Watts

Higher volatility will prevent smaller producers entering the market, say analysts

Egypt attracts almost $100bn of investment deals

Egypt attracts $130bn of investment deals

15 March 2015 | By Robert Jones

Country seeks finance to rebuild infrastructure and kick-start economy

Jubail cover

Sadara Chemical is Jubail’s game changer Subscription Required

10 March 2015 | By Andrew Roscoe , Edmund O'Sullivan

The imminent opening of the Sadara chemicals project signals the start of a new era of growth for the city

Iraq oil exports 2014-15

Iraq oil exports hit 12-month high Subscription Required

10 March 2015 | By Mark Watts

Erbil claims it is not receiving budget payments despite boosting northern volumes

Jubail

Saudi industrial city developments progressing Subscription Required

9 March 2015

The kingdom is spending $11bn to develop downstream, housing and education facilities in the Eastern Province

UAE oil and gas contract awards with oil prices

Counter-cyclical oil spending unlikely to return in Abu Dhabi Subscription Required

2 March 2015 | By Mark Watts

Boom in contract awards during 2009 recession-led oil slump will not be repeated

Refined products sales

Saudi refining plan hinges on curbing subsidies Subscription Required

1 March 2015 | By Kevin Baxter

Kingdom aims to become world’s second-largest exporter of refined products

kirkuk

Kirkuk dispute to intensify Subscription Required

24 February 2015 | By Mark Watts

Erbil is determined to defend its control of the oil-rich province

Kuwait oil company contract awards 2014

Kuwait Oil Company awards $8.6bn in 2014 Subscription Required

2 February 2015 | By Wil Crisp

Contract awards see a 95 per cent increase

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