OPEC will need to make deeper supply cuts to keep oil prices above US$60 per bbl, according to 69 per cent of those surveyed in the Gulf Intelligence (GIQ) monthly Energy Market Survey in August
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The production from Zohr field has reached more than 2.7 bcfd, about five months ahead of the plan of development (PoD), oil and gas company Eni said
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Abu Dhabi National Energy Company (TAQA) stated that its subsidiary TAQA Atrush B.V. has set a new production record from the Atrush oil field in the Kurdistan Region of Iraq
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The Abu Dhabi National Oil Company (ADNOC) has announced the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement
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McKinsey Energy Insights states that new refinery capacity led by greenfield projects in Asia and the Middle East is expected to have a negative impact on global hub refining utilisation as early as 2022
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