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
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
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
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
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
