Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.
A series of red lines were drawn at a meeting of gas-producing countries in Algiers. Al Majalla looks at what they are, where they came from, and what they may mean for energy markets.
A longstanding dispute between Saudi Arabia and Kuwait on the one hand, and Iran on the other, has been rehashed after Iran states its intention to start drilling in the Durra gas field
When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response
There are few examples of successful US regime-change operations in history. And without permanent ground troop presence, these wins can easily be reversed.
Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.