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Middle East Oil and Gas


  • Investments is three fields will add almost three million barrels per day to Saudi Aramco's output

  • Saudi oil strategy stays on target

  • Saudi Aramco is aiming for sustainable oil production capacity of 12.5 million barrels-a-day by the end of 2009 from around 11 million b/d capacity at present as a result of the huge investment in exploration and field projects under way.
  • Saudi Arabia: Thursday, March 06 - 2008 at 00:09 | readers' rating 7/10
  • Is the world getting close to the point of peak oil?

  • Peak oil rapidly approaching warns analyst

  • One of the hottest topics in the energy industry is the debate about peak oil, which refers to the point in time when global oil production goes into terminal decline. Estimates vary widely as to when peak oil will occur. The US and UK officially say peak oil will not happen before 2030. Others, like oil expert author David Strahan, believe it will happen much sooner.
  • Middle East: Thursday, February 07 - 2008 at 15:01 | readers' rating 7/10
  • $100 a barrel could look cheap in a few years

  • Can oil prices hold at $100 a barrel?

  • A $2bn a day question for the Middle East as that is how much oil at current highs is worth to the region. Yet turn the clock back a year and oil was at $50 a barrel. Has very much changed since then to justify a doubling of prices and can it be sustained?
  • Middle East: Monday, January 07 - 2008 at 09:06 | readers' rating 6/10
  • Sharjah's Crescent Petroleum is hoping to receive Iranian gas in the not too distant future

  • Iran talks up future gas role

  • An agreement between the Pars Oil and Gas Company and Malaysia's SKS to develop Iran's southern Golshan and Ferdows gas fields has been hailed by Iranian Oil minister Gholamhossein Nozari as the biggest investment yet in the country's oil and gas industry.
  • Iran: Saturday, December 29 - 2007 at 15:06 | readers' rating 6/10
  • Energy giants like Royal Dutch Shell have been given deadlines to commit to major hydrocarbon projects in Iran

  • West's oil and gas investments in Iran falter

  • In spite of looming international sanctions, Iran, which ranks as Opec's second biggest oil exporter, is sounding confident that it can continue to develop its hydrocarbon industry without traditional partners.
  • Iran: Monday, December 03 - 2007 at 14:27 | readers' rating 6/10
  • BP is one of a number of international energy firms involved in Egypt's gas sector

  • Egypt's gas strategy faces dilemma

  • Egypt holds some 70 trillion cubic feet of gas in addition to 100-120 trillion cubic feet of unproven reserves. These impressive resources rank Egypt potentially as one of the region's richest reservoirs of natural gas. But there is a growing debate as to how these assets are to be used.
  • Egypt: Wednesday, October 31 - 2007 at 13:36 | readers' rating 7/10
  • Abdul Hussain bin Ali Mirza

  • Bahrain seeks new oil and gas finds

  • Bahrain was the first state in Arabia to produce crude oil 75 years ago but in comparison to others in the Gulf it has always had a modest output, though a vital one for the island's economy.
  • Bahrain: Sunday, October 21 - 2007 at 12:09 | readers' rating 6/10
  • Some analysts believe oil could soon hit $100m a barrel

  • Oil prices bull run set to continue

  • The Organisation of Petroleum Exporting Countries' (Opec) annual meeting in Vienna on September 11 comes at a time of mounting tension between crude producers and consuming countries.
  • Monday, September 10 - 2007 at 18:49 | readers' rating 6/10
Index : Middle East Oil and Gas : Page 2
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