Middle East News


Results 50 articles shown

Rising Oil Prices Unlikely to Unlock Spare OPEC Capacity
Monday, January 15, 2018 OPEC's significant spare production capacity is unlikely to be brought into play in 2018, despite rising oil prices.

Oil, Gas Majors to Boost Renewable Spend
Friday, January 12, 2018 Oil and gas majors will continue to strengthen investment into renewable energy and low carbon technology through 2018.

Iraq Says 26 Companies Allowed To Bid For Oil, Gas Blocks In Border Areas
Friday, January 12, 2018 The Iraqi oil ministry says 26 companies have qualified to bid for oil and gas blocks in border areas.

UAE Energy Minister Says Not Concerned With Current Oil Price
Thursday, January 11, 2018 United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei says he is not concerned with the current oil price.

BP Picks Jacobs Engineering for Khazzan Phase 2 Services Work
Thursday, January 11, 2018 BP selects Jacobs Engineering Group Inc. to provide engineering, procurement and construction management services for Phase 2 of the Khazzan Project in the Sultanate of Oman.

Oil Crosses $70 Threshold in London as Worldwide Glut Dwindles
Thursday, January 11, 2018 Oil briefly topped $70 a barrel in London for the first time in three years.

Iraq To Ask Foreign Oil Firms To Build Housing For Employees
Wednesday, January 10, 2018 Iraq will ask foreign oil companies operating in the country to build housing for Iraqis employed on their projects.

Saudi Aramco Hires Former Shell Executive For Chemicals Business
Wednesday, January 10, 2018 State oil giant Saudi Aramco hires Olivier Thorel, a former senior executive at Royal Dutch Shell, as executive director for its chemicals business.

Survey: Most Gulf Execs See $60-plus Brent Average for 2018
Wednesday, January 10, 2018 Executives also observe shift in crude price driving factors.

Saudi-Led Coalition Says Thwarts Houthi Attack On Oil Tanker
Wednesday, January 10, 2018 The Saudi-led coalition fighting in Yemen says it had thwarted an attack on a Saudi oil tanker over the weekend.

OPEC's Cheer Over 2018 Oil Rally Tinged By Shale Worries
Tuesday, January 09, 2018 Oil's price rally this year to its highest since May 2015 may seem a source of glee for OPEC.

OPEC's Oil Cuts Claim a Victim as Supertanker Earnings Crash
Tuesday, January 09, 2018 OPEC's strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry's supply chain.

Iraq Bans Kurdish Firm Kar Group From Operating Kirkuk Oilfields
Monday, January 08, 2018 Iraq's parliament voted to ban Kurdish engineering firm from operating Kirkuk's oilfields, following Iraq's recapture of the Kurdish-held oil region in October.

Investors Sense Opportunities In Big Oil - But Mind The Gap
Friday, January 05, 2018 Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks.

Saudi Arabia Converts Aramco Into Joint-Stock Company Ahead Of Historic IPO
Friday, January 05, 2018 Saudi Arabia changes the status of its national oil giant Aramco to a joint-stock company as of Jan. 1.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

Why I Returned to the Oilfield...
Thursday, January 04, 2018 Oil and gas workers detail their journeys exiting - and coming back - to the industry.

Rig Trends: Offshore Rig Fleet Poised for Comeback, but More Time is Needed
Thursday, January 04, 2018 Most of the 2018 indicators are positive, and should they shake out as predicted, the second-half of next year could finally be the start of a true recovery.

Israel's Oil Refineries To Build 135 MW Natural Gas Power Plant
Wednesday, January 03, 2018 Israel's Oil Refineries receives government approval to build a 135 megawatt natural gas-fueled power station to replace an old coal-fired plant.

Oil, Gas Outlook: M&A, Asset Development Key to Future Growth
Wednesday, January 03, 2018 Argo Consulting's Alan Free discusses where the silver lining may be for oil and gas in 2018.

Moody's Sees Oil Prices At $40-$60 Per Barrel This Year
Tuesday, January 02, 2018 Moody's Investors Service expects oil prices in the range of $40 to $60 per barrel in 2018.

Iran's Oil Production, Exports Not Impacted By Protests - Sources
Tuesday, January 02, 2018 Iran's crude oil production and exports have not been impacted by the unrest spreading across the country.

2018 Outlook: Survey Reveals Industry's Outlook on Oil Prices, Jobs
Tuesday, January 02, 2018 Rigzone readers share their outlooks on some of the most pertinent issues affecting the oil and gas industry.

What to Watch for in the Downstream in 2018
Tuesday, January 02, 2018 Expert panel offers 2018 outlook for refining, petchems, LNG and more.

Top 5 Articles by Rigzone Staff in 2017
Friday, December 29, 2017 Rigzone reveals some of its most-read articles written by staff in 2017.

ADNOC Distribution Shares Open Sharply Up After First IPO In 6 Years
Friday, December 29, 2017 Shares of the fuel distribution unit of Abu Dhabi National Oil Co made a strong stock market debut on Wednesday.

Top Rigzone-Staff Picks for 2017
Thursday, December 28, 2017 Rigzone's editors highlight articles they've particularly enjoyed writing in 2017.

The 2017 Downstream Countdown: 10 to 6
Thursday, December 28, 2017 Find out which countries were vying for the top LNG exporter spot in 2017.

Gulf Arab Energy Producers Issue Record Debt to Fund Expansion
Thursday, December 28, 2017 Gulf Arab energy companies issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans.

Five Oil Signals to Watch as 2018 Pits OPEC Against Shale
Thursday, December 28, 2017 Oil traders are going to have their work cut out for them in 2018.

The 2017 Downstream Countdown: 15 to 11
Wednesday, December 27, 2017 Here's a recap of the top downstream articles on Rigzone in 2017, starting with numbers 15 through 11.

Gulf Mostly Rises On Oil Surge; Saudi Petchems, Builders Up
Wednesday, December 27, 2017 An overnight surge in the Brent oil price above $67 a barrel for the first time since May 2015 helped most Gulf stock markets rise.

Saudis Seen Counting on 80% Surge in Oil Income to Balance Books
Wednesday, December 27, 2017 Saudi Arabia's plan to erase its budget deficit by 2023 relies on a scenario that would see oil revenue surge by about 80%, according to people with knowledge of the matter.

Kuwait Secures LNG Deal as Gulf Energy Exporters Hunt for Gas
Sunday, December 24, 2017 Kuwait struck a 15-year deal with Shell for LNG, locking in supplies as neighbors in the oil rich Gulf consider their own import strategies.

What Has Made 2017 Memorable in the Downstream?
Friday, December 22, 2017 They're not stand-up comics, but these folks know a thing or two about downstream highlights.

Global Conventional Discoveries Hit Record Low
Friday, December 22, 2017 Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent.

GMG Launches New Oil & Gas Services Business Unit
Friday, December 22, 2017 Engineering services company Global Marine Group launches Global Offshore, a new business unit that will deliver trenching and power cable laying services to the oil and gas sector.

Iraq Oil Ministry Starts Taking Over Majnoon Oilfield Operations
Thursday, December 21, 2017 Iraq's oil ministry starts to take over operations of the Majnoon oilfield from Royal Dutch Shell.

Saudi Aramco Embarks on Global Hunt for Natural Gas Supplies
Thursday, December 21, 2017 Saudi Aramco is looking for natural gas assets from Russia to East Africa and the US.

BLOG: Wrapping Up a Year of Oil Price Predictions
Thursday, December 21, 2017 Volatility is the name of the game for oil prices, and in this end-of-year wrap-up, Rigzone shows the ups and downs that were present in this year’s predictions.

Rigzone Survey Finds Downstream Hiring Hot Spots for 2017, 2018
Thursday, December 21, 2017 Survey participants also reveal where jobs should be most plentiful in the downstream next year.

The 2017 Downstream Countdown: The Final Five
Thursday, December 21, 2017 Presenting, Rigzone's top five downstream articles for the past year.

Qatargas Signs Deal To Deliver LNG To Austria's OMV
Wednesday, December 20, 2017 Qatargas agrees a sale and purchase deal with OMV.

Genel, DNO Confirm KRG Payments
Tuesday, December 19, 2017 Genel Energy plc and DNO ASA receive payment from the Kurdistan Regional Government (KRG) for oil sales during September.

Iraq To Use Drones To Protect Oil Pipelines From 2018
Monday, December 18, 2017 Iraq plans to use drones to monitor and protect its export and production pipelines in the first quarter of 2018, an oil ministry spokesman says.

Lebanon Approves Offshore Oil, Gas Exploration Bid
Thursday, December 14, 2017 Lebanon's cabinet approved a bid on Thursday for offshore energy exploration by a consortium made up of France's Total, Italy's ENI and Russia's Novatek.

Gas Demand to Get Boost as Supply Surge Sends Prices Lower
Thursday, December 14, 2017 Demand for natural gas will continue to rise over the next two decades, according to the Gas Exporting Countries Forum.

Petrofac Secures Almost $1B in New Contracts
Wednesday, December 13, 2017 Oil and gas services company Petrofac has secured almost $1 billion in new contracts from Basra Oil Company (BOC) and BP plc.

Saudi Aramco Lifts Spending Plans To $414B Over Next Decade
Tuesday, December 12, 2017 Saudi Aramco plans to raise its spending to $414 billion over the next 10 years.

DNO Triples Production at Peshkabir Field
Monday, December 11, 2017 Production from the Peshkabir field in the Kurdistan Region of Iraq's Tawke license has tripled to 15,000 barrels of oil per day.

Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination.For more articles, please perform an Advanced Article Search.