Oil and gas

Amid Iranian gas shortage, Iraq searches for alternatives

Iran's dilapidated gas infrastructure has limited its transfers to Iraq, adding to Iraq's own energy crisis.

Adnan Abu Zeed | Iraq | Jul 26, 2021

Iraqi Aqeel Hassan, part owner of private electric generators, is pictured on July 17, 2021, at his business in Baghdad's Sadr City district. Iraq buys gas and power from neighboring Iran to supply about a third of its power sector, but Iran decided last month to cut crucial power supplies to its neighbor, saying the Iraqi Electricity Ministry owes it more than $6 billion in arrears.

Chinese oil companies fill void in Iraq

As major Western oil companies reconsider their positions in Iraq, China is seizing the opportunities offered by their departure.

Salam Zidane | Iraq | Jul 22, 2021

Iraqi workers walk at the Halfaya oil field near the southern city of Amara on Dec. 12, 2009.

Oil prices fall after OPEC+ raises production limits

The Organization of the Petroleum Exporting Countries plus Russia agreed to increase production limits for some member states Sunday following a demand by the United Arab Emirates.

Al-Monitor Staff | Gulf Pulse | Jul 20, 2021

Erdogan: Turkey will continue oil exploration in disputed eastern Mediterranean

Turkey's president may be upping the ante against Greece, Cyprus and the European Union.

Al-Monitor Staff | Turkey | Jul 4, 2021

Turkey's Oruc Reis seismic research vessel

Will high oil prices setback Gulf reforms?

Push harder or take a breath on economic reforms? The question can be tricky for Gulf rulers

Sebastian Castelier | Gulf | Jul 2, 2021

Kuwaiti traders follow the market movements at the Stock Exchange in Kuwait City on Dec. 17, 2014.

The Takeaway: Iran deal on front burner before Raisi takes office

Also: Bibi plots his comeback, a woman boxing coach trains men in Egypt, and the latest from Gaza, Jordan, Iraq, and Turkey.

Andrew Parasiliti, Elizabeth Hagedorn, Joe Snell | Iran | Jun 30, 2021

Iran's President-elect Ebrahim Raisi delivers speech at the Imam Reza shrine in the city of Mashhad in northeastern Iran, on June 22, 2021.

Iranian official says US agrees to lift Trump-era oil sanctions

The chief of staff to outgoing Iranian President Hassan Rouhani was quoted as saying that Washington had agreed to remove more than 1,000 sanctions imposed upon Iran by the previous US administration.

Al-Monitor Staff | Iran | Jun 23, 2021

In this handout image provided by EU Delegation Vienna, Iranian Deputy Foreign Minister Abbas Araghchi (R) speaks with other participants at the JCPOA Iran nuclear talks on April 27, 2021, in Vienna, Austria.

French foreign minister: Turkey and France have a ‘verbal cease-fire’

Jean-Yves Le Drian told a French TV station there is still a long way to go to improve Turkey-France relations, mentioning Syria, Libya and the eastern Mediterranean. The French and Turkish presidents had a cordial meeting earlier this week.

Al-Monitor Staff | News Brief | Jun 19, 2021

Rise in Iraqi cancer cases may be linked to wars, environment

The causes of the spike may be linked to Iraq's wars or environmental pollution, but the evidence is sketchy.

Adnan Abu Zeed | Iraq | Jun 16, 2021

As oil fires burn in the distance, a man covers his face near the entrance to the besieged city of Basra on March 29, 2003, in Iraq.

Egypt expands role in Iraqi reconstruction by building bridges in Mosul

Egypt is seeking to expand its participation in the reconstruction of Iraq amid a growing alliance between Baghdad, Amman and Cairo.

Muhammed Magdy | Egypt | Jun 11, 2021

Iraqi children are seen at the Ninevah Bridge, previously known as Mosul's Old Bridge, during an inauguration ceremony following its reconstruction in the city of Mosul on March 14, 2018.

Iran expects to restore oil output within month of US lifting sanctions

A senior official at the National Iranian Oil Company said that if the United States lifts sanctions on Iran, the country expects to restore its crude oil output to pre-sanctions levels in a matter of months.

Al-Monitor Staff | Iran | Jun 9, 2021

Turkey's Erdogan announces natural gas discovery in Black Sea

Turkish President Recep Tayyip Erdogan said the Fatih drilling ship had found 135 billion cubic meters of natural gas in the Sakarya gas field.

Al-Monitor Staff | News Brief | Jun 7, 2021

UN urges Houthis to permit inspection of aging oil tanker

The Houthis, who control access to the FSO Safer, have prevented the UN from sending a technical team to assess the risk of a potential massive oil spill.

Al-Monitor Staff | Yemen | Jun 4, 2021

As GCC turns 40, all eyes on post-oil era

The GCC alliance hopes for greater future economic growth in the Gulf.

Sebastian Castelier | Gulf | Jun 3, 2021

A flame from a Saudi Aramco oil installion known as "Pump 3" is seen in the desert near the oil-rich area of Khouris, 160 kms east of the Saudi capital Riyadh, on June 23, 2008.

Egypt sets conditions for full normalization with Turkey

Egyptian Foreign Minister Sameh Shoukry laid down several conditions that would serve as a basis for normalizing ties with Turkey, in light of the recent attempts at rapprochement between the two countries.

Hagar Hosny | Egypt | May 26, 2021

Oil and gas

Amid Iranian gas shortage, Iraq searches for alternatives

Iran's dilapidated gas infrastructure has limited its transfers to Iraq, adding to Iraq's own energy crisis.

Chinese oil companies fill void in Iraq

Oil prices fall after OPEC+ raises production limits

Erdogan: Turkey will continue oil exploration in disputed eastern Mediterranean

Will high oil prices setback Gulf reforms?

The Takeaway: Iran deal on front burner before Raisi takes office

Iranian official says US agrees to lift Trump-era oil sanctions

French foreign minister: Turkey and France have a ‘verbal cease-fire’

Rise in Iraqi cancer cases may be linked to wars, environment

Egypt expands role in Iraqi reconstruction by building bridges in Mosul

Iran expects to restore oil output within month of US lifting sanctions

Turkey's Erdogan announces natural gas discovery in Black Sea

UN urges Houthis to permit inspection of aging oil tanker

As GCC turns 40, all eyes on post-oil era

Egypt sets conditions for full normalization with Turkey

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