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Oil & Gas News & Analysis

News

Port refinery

Kuwait mulls retendering Al-Zour marine package Subscription Required

4 March 2015 | By Wil Crisp

Options are being reviewed after the low bid came in 80 per cent over budget

Oil industry

Iraqi Kurdistan receives Iraq budget payment Subscription Required

4 March 2015 | By Mark Watts

Erbil receives $208m after Kirkuk crude exports ramped up February, according to Iraq Oil Report

Libya oil assets seized by militants

Libya oil assets seized Subscription Required

4 March 2015 | By Wil Crisp

Bahi pumping station and Mabruk oil field captured

Egypt's Oil Minister Sherif Ismail

Egypt delays debt repayment to oil companies Subscription Required

4 March 2015 | By Wil Crisp

Oil minister says $3.1bn will be paid off by mid-2016

Refinery

Contractors prepare for Kuwait refinery deadlines Subscription Required

4 March 2015 | By Wil Crisp

Bid submission dates loom for the New Refinery Project and the Mina al-Ahmadi gas train

Pipelines

Iraq crude exports rise on northern pipeline volumes Subscription Required

3 March 2015 | By Mark Watts

Increased exports through Kurdish pipeline offsets drop at weather-hit southern Iraq terminals

Oil refinery

Kuwait signs energy deals with South Korea Subscription Required

3 March 2015 | By Wil Crisp

Officials discuss increased oil and gas cooperation

Saudi Aramco's Khurais expansion

Aramco considers cancelling $3bn Khurais expansion Subscription Required

3 March 2015 | By Kevin Baxter

Decision on whether to proceed will be made in June after engineering is complete

Oil exploration

Turkey to explore for oil in Iraqi Kurdistan Subscription Required

3 March 2015 | By Mark Watts

Energy minister says Ankara signed multiple deals on oil assets in northern Iraq

petchems

Kuwait mulls Al-Zour petrochemical options Subscription Required

3 March 2015 | By Wil Crisp

State-owned downstream operator is reviewing study findings

UAE gas balance

Frontrunner emerges for gas terminal contract Subscription Required

2 March 2015 | By Mark Watts

Bids seen to be above budget for main package of Emirates LNG project

Pearl GTL

Pearl GTL enters planned maintenance phase Subscription Required

2 March 2015 | By Kevin Baxter

World’s largest gas-to-liquids plant will see capacity halved while work is carried out at Ras Laffan complex

Protesters in Algeria

Shale protests turn violent in Algeria Subscription Required

2 March 2015 | By Wil Crisp

Forty police officers injured

Oil well

No commercial discovery for Kosmos Subscription Required

2 March 2015 | By Wil Crisp

The US company’s first exploratory well in Western Sahara disappoints

Gas

Mott MacDonald and Khudairi Group partner Subscription Required

2 March 2015 | By Mark Watts

Companies to combine capabilities to deliver Iraqi oil and gas projects

Algeria-Kenya energy deal

Algeria signs energy deal with Kenya Subscription Required

26 February 2015 | By Wil Crisp

Agreement will promote cooperation on oil, gas and power

Refinery

Jizan refinery and power plant scheduled for 2018 Subscription Required

25 February 2015 | By Kevin Baxter

If execution goes to schedule commissioning of both will start in 2017

Jizan gasification plant capacity to be 4,000MW

Jizan gasification plant capacity to be 4,000MW Subscription Required

25 February 2015 | By Kevin Baxter

Aramco clarifies confusion over capacity of world’s largest integrated gasification combined-cycle power plant

The offtake will be sold in-kingdom to steel, aluminium and titanium oxide producers

Hanwha wins $350m Saudi project Subscription Required

24 February 2015 | By Kevin Baxter

South Korean contractor to build calcined petroleum coke plant

Global biofuels production and Fujairah oil and gas projects

Petrixo to tender $1.3bn biofuels refinery Subscription Required

23 February 2015 | By Mark Watts

Fujairah facility to produce 1 million tonnes a year of fuels from 2016

Comment

Refinery

Aramco’s selective spending

3 March 2015 | By Kevin Baxter

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

Refinery

Jizan turning the corner

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

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

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

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

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

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

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

Saudi Arabia plays the long game

Saudi Arabia plays the long game

20 January 2015 | By Kevin Baxter

While there are worrying developments, reports on the demise of the kingdom’s oil sector are wildly exaggerated

gas flare

UAE gas crunch continues

20 January 2015 | By Mark Watts

Measures taken to curb energy consumption

Saudi Aramco's Khurais oil field in Saudi Arabia

Masters of the new world energy order

18 January 2015 | By Edmund O'Sullivan

The GCC, the worlds’ biggest energy exporter, and the US, the world’s largest energy consumer are emerging as leaders in a new world energy order

UN needs to consider its options as Morocco drills in Western Sahara

UN needs to consider its options

13 January 2015 | By Wil Crisp

Inaction over Morocco’s drilling in the Western Sahara may not be the best policy

Opec secretary-general Abdullah al-Badri

OPEC seeks purpose in the new world energy order Subscription Required

12 January 2015 | By Edmund O'Sullivan

Founded in 1960, OPEC is the most successful commodity cartel in history, but it’s now facing an existential challenge.

Ras Tanura refinery in Saudi Arabia

Aramco still committed to long-term vision

6 January 2015 | By Kevin Baxter

Ras Tanura postponement should not be misconstrued as anything other than capital investment planning

Analysis

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

Supply and demand: Domestic gas consumption has outsripped production in recent years

Abu Dhabi takes on gas deficit Subscription Required

20 January 2015 | By Mark Watts

The Shah project is providing a boost to gas availability in the UAE, but it is only part of its strategy

Ship: The Atwood Achiever began drilling in December

Drilling reignites territorial dispute Subscription Required

20 January 2015 | By Wil Crisp

Oil exploration activity in the Western Sahara could bring renewed violence to the North African disputed territory, with a billion barrels of oil potentially at stake

Samir Brikho, CEO, Amec Foster Wheeler

Amec Foster Wheeler sets sights on Saudi Arabia Subscription Required

20 January 2015 | By Kevin Baxter

CEO of the newly formed company, Samir Brikho speaks to MEED

Average LNG import prices to Japan

GCC LNG exporters hit as prices plummet Subscription Required

14 January 2015 | By Mark Watts

Lower Asia demand growth and tumbling crude price signal weak liquefied natural gas market in 2015

Kuwait oil and gas contract awards

Record oil and gas contract awards expected in Kuwait Subscription Required

6 January 2015 | By Wil Crisp

Project contracts worth $21.5bn due to be awarded over 2015

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