Middle East Oil and Gas
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BP's existence under threat as Gulf of Mexico oil spill continues
The continued failure of BP's efforts to stop the Gulf oil spill and mounting political pressure... Read full article »
Saudi Arabia pursues cautious green energy policy
The promise of green energy has intrigued the Middle East, where concern about future reserves... Read full article »
Saudi Arabia to spend $170bn on energy projects
Saudi Arabia plans to spend $170bn over the next five years on energy and oil refining projects,... Read full article »
Can the $11.4bn Nabucco pipeline work without Iran?
The logistics behind the financing and supply of the planned, Western-backed, Nabucco pipeline... Read full article »
Iraq prepares to boost oil production
What was once considered a pipe-dream could become reality: after decades of dictatorship, war... Read full article »
International oil firms eye lucrative Iraq oil contracts
As multinational military forces have left Iraq, international petroleum companies have... Read full article »
Shell's Chinese connection in Iraq
China's hunger for commodities, as well as its lack of squeamishness when investing in political... Read full article »
Libya's energy potential lures investors
The chairman of Libya's state-owned National Oil Corporation (NOC), Shokri Ghanem, believes that... Read full article »
Shell seizes Iraq gas investment opportunity
Royal Dutch Shell's joint venture with Iraq to capture flared gas in the south of the country... Read full article »
GCC demand for gas growing faster than for oil
GCC demand for gas is growing faster than the region's demand for oil, with projections that it... Read full article »
Gulf oil producers' stance appears vindicated
The UK has offered to host another meeting of oil producing nations and consumer countries... Read full article »
Jeddah Summit fails to end oil price uncertainty
The hastily-convened summit on the global oil price situation, held in Jeddah on Sunday, failed... Read full article »
Europe identifies Iraq as major gas supplier
Western Europe is likely to be drawing increasingly on Middle East, and particularly Iraqi, gas... Read full article »
Is the price of oil too high or too low?
Commodity costs have sky rocketed and hit record levels in the past months, fuelled by rising oil... Read full article »
Oil producers resist production hike calls
Concerted pressure is being applied by western governments on major oil producers, especially... Read full article »
