Life of production increased to 43 years following 2007 additions.
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US $50 billion need to turn Iraq’s industry around
CGES report puts oil decline rates down to poor security environment.
Purchasing power
Free from the constraints of the credit crunch, Middle East oil firms and wealth funds are in a great position to swoop on assets outside the region.
Enhanced recovery
Faced with declining reservoirs the Middle East is embracing enhanced oil recovery techniques.
Usan project launched
Nigerian deep offshore field to yield 500 million barrels of oil.
Work starts on Masdar city
The zero carbon city will be home to some 50,000 residents following its completion in 2016.
Image changer
Utilities Middle East catches up with the new president of the IDA, Lisa Henthorne.
Tug of war
Cables producers are expanding capacity as demand surges for the product across the globe.
Energy bank given approval
First Energy Bank hopes to cash in on the global energy sector’s expected investment boom.