Oil and gas

A picture taken at the port of Dilovasi, outside Istanbul, on June 20, 2019, shows the drilling ship Yavuz scheduled to search for oil and gas off Cyprus.

Turkey eyes offshore energy pact with Syria in 2026 amid East Med isolation

Turkish Energy Minister Alparslan Bayraktar has offered up details on a deal with Syria that could unsettle regional rivals in the gas-rich Eastern Mediterranean.

Dan Kitwood/Getty Images

Australian LNG deal marks latest step in Turkey's energy diversification push

Although Turkey does not have abundant oil and gas resources, Ankara wants to position itself as a regional gas hub linking Europe and Asia.

A picture taken from a station of Dubai's Palm Monorail shows traffic on a road in Palm Jumeirah on Aug. 28, 2025.

Feature

Cheap oil, tighter finances, wars constrained Mid East economies in 2025

Low oil prices, tighter financial conditions and elevated geopolitical risk hampered growth across much of the Middle East and North Africa this year.

In Bristol, reporting on regional business, climate change, AI, tech

View of Damietta Segas LNG Terminal, in Damietta, Egypt, which is an export terminal belong to Spanish Egyptian Gas Company.

Analysis

Egypt’s $35B Israel gas deal buys time, tests fragile energy partnership

The agreement is a critical stopgap as Cairo grapples with domestic power demands, but the last two years have tested Egypt-Israel energy cooperation in unprecedented ways.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Turkey hits renewable milestone as solar surpasses gas in power capacity

Employees install new solar panels at the Kalyon Energy's Karapinar Solar Power Plant on December 02, 2021 in Karapinar, Turkey.

Analysis

What Turkey wants from Iraq to renew pipeline deal

A worker turns a valve at the Shirawa oil field, where oil was first pumped in Iraq in 1927, outside the northern city of Kirkuk, Jan. 19, 2004.

David O'Byrne

By David O'Byrne

Analysis

How Netanyahu ceded to Trump, agreed to Egypt's $35B gas deal

SHARM EL-SHEIKH, EGYPT - OCTOBER 13: U.S. President Donald Trump and President of Egypt Abdel Fattah El-Sisi clasp hands as they speak to the press before their meeting on October 13, 2025 in Sharm El-Sheikh, Egypt. President Trump is in Egypt to meet with European and Middle Eastern leaders in what’s being billed as an international peace summit, following the start of a US-brokered ceasefire deal to end the war in the Gaza Strip. (Photo by Chip Somodevilla/Getty Images)

In Tel Aviv, reporting on national security, Israeli politics, defense

Israel's Netanyahu approves $35B natural gas megadeal with Egypt

Israeli Prime Minister Benjamin Netanyahu presents the new government to parliament at the Knesset in Jerusalem on Dec. 29, 2022.

Iraqi Aqeel Hassan, one of the owners of private electric generators.

Iran, Iraq sign $4 billion engineering agreement

The deal comes at a notable time in Iran-Iraq relations, as the Islamic Republic continues to threaten and attack Kurdish groups in Iraq.

A picture taken on Nov. 3, 2019, shows a sign of Saudi Aramco's initial public offering.

Saudi Arabia announces new natural gas discoveries

The kingdom is already a major oil exporter, but it could also start exporting natural gas in the near future.

Saad Sherida al-Kaabi (R), Qatar's energy minister and CEO of QatarEnergy, and Ryan Lance (L), CEO of multinational corporation ConocoPhillips, exchange documents during a press conference announcing a new deal, Doha, Qatar, Nov. 29, 2022.

Qatar signs deal to sell Germany natural gas

The agreement demonstrates the continued significance of Qatar's natural gas, despite pressure to transition to renewable energy.

A general view of Saudi Aramco's Abqaiq oil processing plant on September 20, 2019.

The Gulf Briefing: swapping petrodollars for assets

In this weekly newsletter, Sebastian Castelier rounds up the biggest stories from the Gulf region.

AFP via Getty Images

US urges Iran-backed Houthis to halt attacks on Yemen's ports

The warning to the Houthis comes as US Special Envoy for Yemen Tim Lenderking returns to the region to push for peace between the country's warring sides.

Traders follow the movement of stock prices at the Boursa Kuwait (Kuwait Stock Exchange) in Kuwait City on March 2, 2022.

Kuwait benefits from oil price boom but long-term economic challenges loom

Key reforms and a lack of a diversified economy remain only two of Kuwait's major challenges.

Getty

Israel agrees for Qatar to drill in Lebanese maritime gas field

After agreeing for TotalEnergies and Eni to go ahead with exploration drilling at the Lebanese cross-border Kana-Sidon reservoir, Israel has approved the Qatari Energy Consortium to buy the drilling rights.

Global inventory of greenhouse gas emissions, at the UNFCCC COP27 climate conference,

Egypt, US, Germany launch plan to reduce methane emissions

The COP27 initiative seeks to accelerate Egypt's green energy transition.

Saudi Crown Prince Mohammed bin Salman (L) speaks with South Korean President Moon Jae-In (not pictured) during a meeting at the Presidential Blue House, Seoul, South Korea, June 26, 2019.

Saudi Aramco makes $7 billion investment in South Korea during crown prince’s visit

Saudi Crown Prince Mohammed bin Salman is seeking to boost energy, defense and investment cooperation with Seoul during his trip.

A picture shows an oil facility in the Khark Island, on the shore of the Gulf, on February 23, 2016.

Breaking | Last Updated: November 17, 2022, 5:09 pm

US sanctions firms in China, UAE over Iranian oil sales

The latest sanctions follow designations for Iranian state-run media staff and firms sending drones to Russia.

Algeria's President Abdelmadjid Tebboune delivers a speech during a signing ceremony in the pavilion of honor at Algiers airport, Algiers, Algeria, Aug. 27, 2022.

Algeria forces Russia to make concessions

As the war in Ukraine carries on, the list of problematic issues between Algeria and Moscow is growing.

Algeria's Energy Minister Mohamed Arkab.

Turkey eyes risky energy partnership with Algeria

Turkey’s plan for joint oil and gas exploration with Algeria raises the specter of operational and financial challenges for a country already under economic strain, experts say.