Middle East
Indonesia’s lucrative market for Opec
21 January 2016
Jakarta wants to clean up its energy sector and hopes big Mideast exporters take up the investment opportunities it creates
Saudi Arabia’s new broom reaches its energy prices
18 January 2016
The partial lifting of fuel subsidies included in the kingdom’s 2016 budget represents a change to the assumptions on which the economy is based, and could eventually prompt calls for greater public representation
Will Iran's opening be slower than expected?
14 January 2016
Sanctions are about to be lifted but Iran is finding it difficult to convince foreign oil companies to invest in its ambitious oil and gas programme
Saudi Arabia far from economic crisis, says crown prince
13 January 2016
Muhammed bin Salman gave an interview with The Economist this month - here's what Petroleum Economist picked out
Saudi Arabia and Iran square up
6 January 2016
The Saudi Arabia-Iran crisis will result in prolonged sectarian tension in the Gulf and an escalation in the region's conflict. However, a deliberate military conflict between the two can be discounted
Hopeful Kurdish oil battles challenges in Iraq
9 December 2015
Financial and political troubles are delaying the expansion of KRG oil production
IS terror attacks continue to threaten Saudi Arabia
3 December 2015
Islamic State may have the kingdom’s oil and gas sector in its sights after an attempted attack in Dhahran
Iran to adopt new contract for investors
23 November 2015
The country will present what it hopes is a more investor-friendly contractual regime, but international oil companies are still wary of close engagement with the country
Iraq’s Ali al-Saady postpones flaring rule
18 November 2015
Economic recovery has been predicated in part on the growth of gas-fired power generation, but the lack of infrastructure in Iraq means flaring is inevitable
Two major fields reopen in Libya as disputes are settled
23 October 2015
State firm NOC says it can recover output quickly and add to capacity, but some believe the country’s political disintegration makes this unlikely
Kuwait expansion plans in doubt; measures being taken
19 October 2015
Kuwait announces plans to raise oil production capacity from around 2.9m barrels/day to 4m b/d by 2020
Iran touts new contracts and talks up output plans
8 October 2015
Iran will add at least 500,000 barrels/day to production “within a few months” of sanctions being lifted
Iraq struggles to plug the financing gap amid low oil prices
30 September 2015
Baghdad is facing a cash crisis, while losing control of its northern oil assets
Uncertainty surrounding Israel's upstream activity
21 September 2015
Israel has sought to end years of upstream uncertainty, introducing new regulations for the development of offshore reserves, but obstacles remain
Iranian government pessimistic about 2016 oil price rise
16 September 2015
The government of Iran may set the price of oil between $42 and $50 in the state budget beginning March 2016
KRG promises September payments to IOCs
28 August 2015
The Kurdistan Regional Council for Oil & Gas Affairs expects the first tranche of regular payments to be made available to IOCs in the first half of September 2015
Iran's nuclear agreement could boost oil market
18 August 2015
Tehran’s mid-July nuclear agreement provides space for its re-entry into the global oil market, and for international oil companies to plant their flags back in the Islamic Republic
Vienna deal brings Iran’s oil back to market
16 July 2015
The clinching of the Iran nuclear deal in Vienna paves the way for the Islamic Republic’s re-emergence into the global oil market – if it gets past its opponents
Iran deal would help domestic firms
9 July 2015
Iran’s bureaucracy has been nervously watching the unfolding negotiations with the P5+1 group of global powers
Islamic State has eyes on oil production
26 June 2015
IS may have established a rudimentary oil and gas system, but it needs to find fresh production if it is to support itself
Countries increasingly less reliant on MENA gas
22 May 2015
The Middle East and North Africa is a gas-rich region, yet many countries there are becoming increasingly reliant on gas imports from elsewhere in the world. Robin Mills explains how this state of affairs has arisen and looks at what needs to be done, if the trend is to be reversed
Baghdad-KRG deal gradually coming on line
22 May 2015
The oil-export deal between the Kurds and the rest of Iraq is working, in part, but complexities and differences still bedevil it
King Salman implements reform in Saudi Arabia
20 May 2015
The monarch has moved quickly with senior appointments designed to see off threats - at home and abroad - to the Kingdom’s stability
Aramco takes charge of Saudi oil policy
18 May 2015
Ali Naimi’s oil ministry will no longer be the driver of the kingdoms’ energy strategy, which will reflect broader geopolitical goals. Even the policy of maintaining spare capacity may be up for grabs
Few signs that conflict in Yemen will end soon
17 April 2015
The Saudi-led airstrikes on Yemen are deepening the chaos in the country, where a full-blown civil war is under way, says Gerald Butt
Time to bring Iranian oil back to the market
25 March 2015
The obsession among oil analysts with the weekly rotary rig count in the US and what it might mean for marginal supply from North America has let a bigger, longer-term obstacle to price recovery emerge almost unseen.