Middle East News


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Statement: Iraqi Oil Minister To Visit Turkey
Monday, February 19, 2018 Iraqi Oil Minister Jabar al-Luaibi will visit Turkey at the end of the week at the invitation of his Turkish counterpart to discuss the resumption of oil exports through Turkey's Ceyhan port.

Israel to Export Natural Gas to Egypt in $15 Billion Deal
Monday, February 19, 2018 The lead partners in Israel's largest gas fields said they signed a $15 billion export deal with Egypt.

For Timing Of Aramco IPO, Watch Forward Oil Price Curve
Monday, February 19, 2018 It's the burning question in the oil industry: when will Saudi Arabia pull the trigger on the Aramco stock market listing?

OPEC Considers Moving the Goalposts - Here's Where They Might Go
Friday, February 16, 2018 The 24-country alliance wants to reduce oil stockpiles to their five-year average.

Oil Posts a Weekly Rise as Stocks Recover, Dollar Flounders
Friday, February 16, 2018 Oil posted its first weekly increase since last month.

How to Move up the Ladder in Oil, Gas
Thursday, February 15, 2018 Rigzone readers outline the best way to move up the ladder in the oil and gas world.

Kemp: OPEC Pact Likely To Evolve Rather Than Terminate
Wednesday, February 14, 2018 Ministers from OPEC have been anxious to counter speculation about an early end to production curbs.

Iraq Says $4B Needed For New Downstream Oil Investments
Tuesday, February 13, 2018 Iraq needs $4 billion for new investments in its downstream oil industry, oil minister Jabar al-Luaibi says.

'Spark' Is Back in Oil Industry
Tuesday, February 13, 2018 The 'spark' seems to be back in the oil industry, according to Tethys Oil's managing director Magnus Nordin.

Dana Gas Creditors Reject New Proposal To Restructure $700MM Sukuk
Tuesday, February 13, 2018 Creditors of UAE-based energy producer Dana Gas reject a new proposal by the company to restructure its $700 million of Islamic bonds and are waiting for improved terms.

As KOGAS Goes Into LNG Arbitration, Others May Follow
Tuesday, February 13, 2018 KOGAS' recent move could herald a shake-up of the region's LNG market as other buyers follow suit.

IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.

Wood Hired to Support Saudi Aramco 'Mega Project'
Monday, February 12, 2018 Wood is hired to support Saudi Aramco in the delivery of one of its 'mega projects' in the Kingdom of Saudi Arabia.

Eni Says To Produce 2.9 Bcf Per Day From Zohr Field By Second Half 2019
Monday, February 12, 2018 Production from Egypt's Zohr field will reach 2.9 billion cubic feet per day by mid-2019, Eni says.

OPEC President Says Shale Won't Thwart Plan to Clear Glut
Monday, February 12, 2018 Surging output of US shale oil won't be a 'huge distorter' of efforts by global crude producers to clear a glut, according to OPEC's president.

Booming Asian Gas Demand Ripples All the Way to Norway
Monday, February 12, 2018 Asia's rapacious thirst for liquefied natural gas is sucking supplies from surprising places.

Iraq Seeks $100B To Reconstruct Transport, Agriculture And Oil Sectors
Friday, February 09, 2018 Iraq seeks around $100 billion in foreign investment in energy, transport, and agriculture as part of a plan to rebuild parts of the country and revive the economy.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

How to Create Your Environmental Engineer Resume
Friday, February 09, 2018 Here are some resume tips to help recent college graduates get a job as an environmental engineer.

Lebanon To Begin Offshore Energy Search In Block Disputed By Israel
Friday, February 09, 2018 Lebanon signs its first offshore oil and gas exploration and production agreements for two blocks, including a block disputed by neighbouring Israel.

Abu Dhabi's TAQA Swings To Annual Profit, Helped By Higher Oil Prices
Thursday, February 08, 2018 Abu Dhabi National Energy Co. (TAQA) swings to an annual profit after a loss in 2016.

DNO to Increase KRI Spending by 50%
Thursday, February 08, 2018 DNO ASA will increase spending in the Kurdistan Region of Iraq by 50% in 2018 to $250 million.

US Gas Drillers Are Missing Out on Asia's Oil-Driven Boom
Thursday, February 08, 2018 If you're pumping natural gas in the US, you're probably missing out on Asia's boom.

BLOG: What Not to Do as a Job Applicant
Thursday, February 08, 2018 Recruiters share some of the wildest things they've heard and experienced from job candidates.

Iraq Signs Agreement To Build Oil Refinery Near Kirkuk
Thursday, February 08, 2018 Iraq has signed an agreement to build a 70,000-barrels-per-day oil refinery near the northern city of Kirkuk, the oil ministry says.

Oil Hits 7-Week Low On Expectations Of Higher US, Iran Output
Thursday, February 08, 2018 Oil prices fall to their lowest in seven weeks.

Iraqi Army Moves To Secure Planned Oil Route To Iran
Wednesday, February 07, 2018 Iraqi forces launch a security operation along a planned oil transit route to Iran.

ADNOC Awards Ruwais Upgrade to Samsung-CB&I JV
Wednesday, February 07, 2018 The project will introduce crude processing flexibility at Ruwais Refinery-West.

Oil World Turns Upside Down as US Sells Oil in Middle East
Wednesday, February 07, 2018 The United Arab Emirates isn't the most obvious customer for Texan oil.

Experts Predict Brent Trends in 2018: A Wrap Up
Tuesday, February 06, 2018 Rigzone outlines the price direction and drivers of Brent crude oil in 2018.

Analysts Expect Brent Crude Price to Continue Rising Over Next Few Years
Monday, February 05, 2018 Oil and gas analysts at BMI Research expect the value of Brent Crude oil to continue rising over the next few years, according to a new report published by the company.

Iraq Plans Military Operation To Secure Oil Route To Iran - Security Source
Monday, February 05, 2018 Iraqi forces are preparing an operation to consolidate control of an area near the Iran border to be used for the transit of Iraqi oil.

Applicant Tracking Systems: The Good, Bad & Misunderstood
Monday, February 05, 2018 Rigzone gets oil and gas recruiters and HR personnel to weigh in on their use of the ATS and how it affects the recruiting process for employers and job candidates.

Next-Wave LNG Terminals Get Smaller To Offer Flexible Supply Deals
Monday, February 05, 2018 The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking.

Oilfield Services Companies 'On An Upswing'
Friday, February 02, 2018 Oilfield services companies around the globe will face stronger demand for their services in 2018, according to a new report from BMI Research.

Rethink, Rework, Re-engage: Regional Oil, Gas Industry Reflections
Friday, February 02, 2018 Now, more than ever, project managers need to make sure that their proposals deliver value.

Zion Management 'Optimistically Enthusiastic' About Onshore Israel Well
Thursday, February 01, 2018 Zion Oil & Gas Inc's management is 'optimistically enthusiastic' about what it has seen and still hopes to see in the Megiddo-Jezreel #1 well.

Kuwait Petroleum To Spend Over $500B By 2040 As It Lifts Oil Capacity
Wednesday, January 31, 2018 Kuwait Petroleum Corp expects to spend over $500 billion as it boosts its crude oil production capacity to 4.75 million barrels per day in 2040.

Israeli Minister Says Lebanese Claim On Gas Field 'Provocative'
Wednesday, January 31, 2018 Israel described as 'very provocative' a Lebanese offshore oil and gas exploration tender on the countries' maritime border, and urged international firms not to bid.

Crude Gains First Time This Week After Gasoline Supplies Drop
Wednesday, January 31, 2018 Oil rose for the first time this week as a surprise decline in US gasoline supplies helped ease concerns about lackluster demand.

Oil, Gas 'Might Need a Tesla' to Attract Best Talent
Tuesday, January 30, 2018 The oil and gas industry might need to see the emergence of a company like Tesla to attract the best talent to the sector.

Kemp: US Oil And Gas Drilling Costs Rise As Rig Count Climbs
Tuesday, January 30, 2018 US shale producers are facing rising costs for everything from drilling rigs to pressure pumping equipment and labour.

Oil Prices Have Limited Upside
Tuesday, January 30, 2018 The 40% increase in oil prices since August is likely to stimulate a strong production response.

Oil Falls A Second Day On Stock Market Sell-Off, US Output
Tuesday, January 30, 2018 Oil prices slid for a second day, driven by ongoing evidence of rising US crude output.

Iraq To Build Oil Refinery In Fao With Chinese Firms, Plans 3 Others
Monday, January 29, 2018 Iraq plans to build an oil refinery at the port of Fao on the Gulf with 2 Chinese companies.

Google, Facebook 'Wouldn't Have a Clue' How to Run Oil, Gas Industry
Monday, January 29, 2018 Companies like Google and Facebook wouldn't have a clue about how to run the oil and gas business, according to Rapidan Energy Group CEO Bob McNally.

Minister: Iraq To Comply With OPEC Deal Despite Oil Export Capacity Rise
Monday, January 29, 2018 Iraq will comply with the OPEC-led deal on reducing output even though Baghdad is working hard to increase its oil export capacity.

Oil Is Looking Unstoppable as Hedge Funds Take Bets to New High
Monday, January 29, 2018 Hedge funds reported record wagers on continued price increases for both US and global oil benchmarks, along with gasoline and diesel.

Qatari Condensate Prices Rally On Robust Asia Demand Amid Tight Supply
Monday, January 29, 2018 Asian refiners and petrochemical makers are snapping up cargoes of Qatari condensates.

Oil settles lower after dollar strengthens, rising U.S. output
Monday, January 29, 2018 Oil prices settled lower, pressured by a strengthening dollar and rising US crude output.

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