BaghdadKicks Off Production Target Talks

Iraq’s oil ministry has begun talks with international oil companies about reducing over-ambitious contractual plateau production targets, MEES learns.

Qatar To Invest Heavily In Crude Boost

Qatar, which focused on building LNG trains in the past decade, is now shifting its attention to its oil fields.

Algeria Looks To New Terms To Boost Unconventionals Investment

Algerians went to the polls for parliamentary elections on 10 May.

Qatar In Talks To Buy Stakes In Shell And Eni

Qatar’s sovereign wealth fund (SWF) has swung away from its initial mandate to diversify from hydrocarbons, and is investing in overseas energy firms.

Iraq Spearheads OPEC Output Surge

OPEC production in April jumped over 500,000 b/d to register its highest monthly level since October 2008, MEES calculations show.

Security Fears And Regional Tension Overshadow Libyan Progress

A protest that shut the offices of National Oil Corporation’s (NOC’s) Benghazi-based affiliate AGOCO for two weeks was resolved only after AGOCO shut in 30,000 b/d of production — a tactic that exacerbated tensions with Tripoli.