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Oil & Gas News & Analysis

Amec Foster Wheeler eyes Iraqi Kurdistan

Genel to restart drilling for oil in Iraqi KurdistanSubscription

The Turkey-based company has not drilled in the region for more than a year

Iraq oil

Iraq oil contracts "need to be changed significantly”Subscription

Advisor to Iraq’s parliament says existing deals with international oil companies should be reviewed

Gas plant

Petroceltic gets more timeSubscription

Activist shareholder considers takeover

LNG carrier

UAE plans to commission floating gas terminal this yearSubscription

State-owned Abu Dhabi National Oil Company is planning to start imports in the second half of 2016

Qatar Petroleum president and CEO Saad Sherida al-Kaabi

Qatar Petroleum invests in Moroccan oil explorationSubscription

Firm buys Chevron stake in offshore assets

Cheaper feedstock shakes up petrochemicals market

Saudi Kayan 2015 loss widens on slumping sales volumesSubscription

A decrease in average selling prices was also a contributing factor to losses

Gas terminal

Development banks lend on Egyptian hydrocarbons storage Subscription

Gas import infrastructure project has secured finance

Gas plant

Abu Dhabi invites bids on gas processing plantSubscription

Facility to handle associated gas from Al-Dabbiya oil field

Oil rig

Six Opec members agree to emergency meeting, says VenezuelaSubscription

Two non-member states have also agreed to attend meeting if it is called

Venezuela’s Minister of Petroleum Eulogio del Pino

Venezuela to push Gulf states for oil production cutsSubscription

Venezuelan oil minister Del Pino is expected to push for an agreement on cutting production

Soldiers in the Iraqi army

Baghdad forced to withdraw forces in Iraq’s southSubscription

Pressure from Shia militias sees troops removed from oil-rich region that surrounds Basra 

Gas storage tanks

Algeria asks contractors to prequalify for $1bn gas plantSubscription

Facility is due to be constructed at Rhourde el-Baguel oil field

Oil derricks

Six jailed in Algerian oil company corruption trialSubscription

Crimes relate to awarding of Sonatrach contracts


Saipem plans to appeal against pipeline fine in AlgeriaSubscription

Italian contractor has been accused of inflating the price of contracts

LNG import terminal

Low bid submitted on Kuwaiti gas terminalSubscription

Consortium submits price of $2.9bn

Saudi Aramco

Saudi Aramco considers sukukSubscription

Size of issuance yet to be decided

Destroyed Iraqi artillery, trucks and vehicles in Kuwait's desert from the First Gulf War

Kuwait seeks contractor to clear unexploded bombsSubscription

Deal forms part of $2.9bn Kuwait Environmental Remediation Project

Gas pipeline

Local firm wins $1bn Saudi Aramco pipeline packagesSubscription

State oil company awards three contracts on Master Gas System Expansion

Onshore oil

GE Oil & Gas awarded Oman contractSubscription

US company to supply pump equipment to Petroleum Development Oman


China Petroleum Pipeline signs Iraq pipeline dealSubscription

Consortium formed to invest in $13bn Common Seawater Supply Project

Mark Watts

Abu Dhabi opts for quick fix on gas importsSubscription

Floating LNG terminal will plug the gap as delays hit larger project in Fujairah

Mark Watts

New year brings fresh woes for oil sectorSubscription

Crude plummets to 13-year lows as Iran opens up for business

Mark Watts

Oil majors will be cautious on re-entering Iran Subscription

Sanctions removal comes at a time when potential investors are cost-cutting on low oil prices

Edmund O'Sullivan

Getting Saudi Arabia wrongSubscription

Commentators must understand that oil, Iran and the US are factors in shaping Riyadh’s politics

Oil storage tanks

Aramco's share sale plan is part of a sweeping reform agendaSubscription

State oil major’s potential IPO has implications for every energy consumer in Saudi Arabia and practically every energy-importing nation on earth

The Saudi Stock Exchange (Tadawul)

Aramco listing could create world's first $1 trillion companySubscription

Timing of IPO suggests government objective is creating wealth not raising funds