Oil and gas

KRG Prime Minister Masrour Barzani (R) and Iraqi Prime Minister Mohammed Shia al-Sudani (L) meet in Irbil on April 12, 2025.

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Iraq's Kurds air fury over PM Sudani's stance after attack on gas field

“We were shocked at Sudani’s audacity. Imagine the state we would have been in had he gotten his way,” a senior Iraqi Kurdish official speaking not for attribution told Al-Monitor.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Mark Carney in UAE

UAE pledges up to $50B for Canada during Carney's Abu Dhabi visit

The agreement was signed by Canadian Prime Minister Mark Carney and UAE President Mohammed bin Zayed Al Nahyan on Friday, during the former’s official visit to Abu Dhabi.

United Arab Emirates

DELIL SOULEIMAN/AFP via Getty Images

Syria signs deals with ConocoPhillips, Novaterra Energy: What to know

Syria signed a memorandum of understanding with US energy companies ConocoPhillips and Novaterra Energy to develop and explore gas fields as Damascus works to revive the country’s battered natural gas sector.

Russian President Vladimir Putin meets with Egyptian President Abdel Fattah El-Sisi at the Kremlin in Moscow, on May 9, 2025.

Egypt, Russia advance construction at Dabaa nuclear plant: What to know

The Dabaa nuclear plant could help Egypt address its energy woes while boosting cooperation with Russia.

Latest News

Iran doubles down on Venezuela support as Trump ups threats: What to know

A woman waves an Iranian flag during a rally against Israel's attacks on Iran, in solidarity with the Palestinian people and to call for world peace in Caracas, on June 19, 2025.

Syria advances Qatar-backed $7B power project amid soaring electricity prices

This picture taken on July 10, 2022, shows a view of the thermal natural gas and fuel oil power plant serving Syria's northern city of Aleppo.

Egypt courts investors, signs new gas deals at Abu Dhabi ADIPEC summit

People sit listening as the Chairman and CEO of TotalEnergies Patrick Pouyanne speaks during the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, on Nov. 3, 2025.

Turkey, Iraq sign oil-for-water deal: What to know

sign

A jewelry shop employee displays 24-carat gold bars in Ahmedabad, August 20, 2011.

Oil, gold climb amid Israeli-Hamas war, tighter Russian sanctions

One analyst predicts gold could reach $4,000 per ounce by year-end amid uncertainty caused by the Middle East conflict.

Turkish President and the leader of the Justice and Development (AK) Party Recep Tayyip Erdogan speaks during his party's group meeting at the Turkish Grand National Assembly in Ankara, Turkiye on October 11, 2023. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Analysis

Gaza war tests fragile Israel-Turkey rapprochement as Erdogan ups rhetoric

Seen once as a champion for the Palestinians, Erdogan has lambasted the Israeli airstrikes in Gaza even as his government has tried to mend ties with Israel.

Ezgi Akin

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Gaza

Israel-Gaza war: Oil prices spike, Israel begins sell-off to support shekel

Israel's currency tumbled to its lowest level against the dollar since 2016 and the central bank is selling foreign reserves to prop up its value.

French Foreign Minister Catherine Colonna and her Armenian counterpart Ararat Mirzoyan shake hands at the end of a joint press conference following their talks in Yerevan on October 3, 2023. (Photo by ALAIN JOCARD / AFP) (Photo by ALAIN JOCARD/AFP via Getty Images)

Analysis

As Armenia's ties strain with Turkey, France pushes EU to stand with Yerevan

France has positioned itself strictly on Armenia’s side on the Nagorno-Karabakh dispute, but can it avoid generating another crisis with Turkey?

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

Media film and photograph the Abdulhamid Han drill ship, the fourth built by Turkey, in Mersin on August 9, 2022 before it leaves for gas exploration to an undisputed area in the Mediterranean Sea, in south of the city of Gazipasa. - Turkey on August 9, 2022 sent its newest drill ship on the first eastern Mediterranean energy exploration mission in nearly two years. The search for natural gas in energy-rich waters around the divided island of Cyprus has turned into an irritant in Turkey's ties with the Euro

Turkey’s energy minister to visit Israel as talks advance on gas transfers to Europe

The Turkish energy minister says his country’s priority is to bring Israeli gas to Turkey.

The launch of a Tracking and Data Relay Satellite from an orbiting spacecraft.

Israel, Azerbaijan announce landmark deal for sale of two satellites

Israel Aerospace Industries and Azeri space agency Azercosmos announced the signing of an agreement for the sale of two Israeli-developed satellites.

Saudi energy minister

Saudi Arabia, Russia to extend voluntary oil cuts to tighten supply

The announcement from the two most powerful members of the OPEC+ group came hours before ministers from the cartel of oil-producing nations were set to meet virtually on Wednesday.

The Tungsten Explorer, a drillship to explore for oil and gas off the coast of Lebanon.

Eni, Qatar Energy, TotalEnergies bid for Lebanon offshore gas exploration fields

The three energy companies, which are already operating in another block in Lebanese waters in the Eastern Mediterranean, submitted their tenders for offshore exploration in blocks 8 and 10.

Visitors and Aramco staff climb a dune at Shaybah, the base for Saudi Aramco's Natural Gas Liquids plant and oil production in the surrounding Shaybah field in Saudi Arabia's remote Empty quarter desert close to the United Arab Emirates, on May 10, 2016. Despite collapsed global oil prices, production is expanding at Shaybah, as it is in other units of the company at the centre of the kingdom's Vision 2030 drive for diversification away from oil. The Saudi government plans to sell less than five percent of

Saudi Arabia projects $21 billion deficit as economy diversifies from oil

The kingdom was among the world’s fastest-growing economies last year with almost 9% GDP growth after a petrodollar boom amid a global rise in energy prices due to inflation and the Ukraine war.

Visitors stop by the Aramco exhibition at the Misk Global Forum on innovation and technology, Riyadh, November 13, 2019.

Saudi Aramco makes first global LNG investment with US MidOcean stake

MidOcean Energy is in the midst of buying interests in four LNG projects in Australia as part of its growth strategy.

This photograph taken on Sept. 21, 2023, shows a view of a hybrid solar power plant, with solar panels on ground and floating, in southwestern France.

UAE’s Masdar to triple Southeast Asia’s largest floating solar plant

The new agreement between Masdar and Indonesian power utility PLN Nusantara Power will launch Phase II of the Cirata floating solar plant in the Indonesian province of West Java.

United Arab Emirates

AMIR MAKAR/AFP via Getty Images

QatarEnergy, BP, others snap up Egyptian oil and gas concessions

Four blocks have been awarded one day into international bidding for the exploration of Egypt's 23 open oil and gas blocks.