Lower Prices Hit OQEP Profits In Q3

Omani state upstream firm OQ Exploration and Production (OQEP) is a major player in the country’s upstream sector, with its sizeable portfolio of oil and gas fields consistently yielding more than 200,000 boe/d in work...

XRG Secures Covestro Approvals | MEES

XRG has secured the final regulatory approvals for its purchase of German chemicals firm Covestro. In a 21 November announcement, XRG confirmed that it had received clearances from the German Federal Ministry for Economi...

Syria Accelerates Its Upstream Ambitions

Syria has signed an MoU with the US’ ConocoPhillips and Novaterra Energy to examine the development of gas reserves in the country. Should a final contract be reached, Syria hopes the project will yield an additional 4...

Iraq’s Government In Post-Election Paralysis

Iraq’s parliamentary elections largely reaffirmed the political status quo. Traditional ethno-sectarian parties continue to dominate the 329-seat parliament (see table). And although incumbent PM Mohammed al-Sudani eme...