China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Explainer Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports. Iraq
Turkey looks to expand Syria energy footprint into oil, gas Turkish Energy Minister Alparslan Bayraktar said state oil giant TPAO and private companies are ready to explore for oil and gas onshore and offshore in Syria. Turkey
Oil nears $92 on UAE missile alert as Trump claims Iran talks stuck Brent crude climbed near $92 a barrel on Tuesday, reaching its highest level this month amid new escalatory developments. United Arab Emirates
Analysis Libya’s oil revival faces new test as violence returns amid US peace push By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iraq and Turkmenistan make progress toward deal to transport gas via Iran Iraq, currently dependent on Iran for gas and electricity, is seeking to develop its own gas supply as well as import gas from Turkmenistan. Iraq
Analysis Inside ADNOC's and Carbon Clean's plan to capture CO2 on mass scale The British company's new project with the UAE energy major is hoping to address those skeptical about the cost, efficacy and viability of carbon dioxide capture as a climate solution. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Oil prices rise after Saudi Arabia, Russia extend output cuts The Kingdom has maintained its oil output cut of 1 million barrels per day since July in an attempt to stabilize the market and prop up prices amid weakened demand. Saudi Arabia
Saudi Aramco, QatarEnergy, UAE’s Emirates among Fortune Arabia top 10 The list of 500 companies from 22 Arab countries posted around $1.6 trillion in revenues in 2022, yielding a net profit of $343 billion. Saudi Arabia
Saudi Arabia's oil cuts weigh heavy on economy, GDP tanks by 4.5% The kingdom's economy shrunk by the most since the COVID-19 pandemic in 2020 due to energy measures. Saudi Arabia
Gaza war could double oil prices, threaten global food security Washington-based multilateral lender World Bank compared the situation to the 1973 Arab oil embargo in its latest Commodities Market Outlook. Israel
Israel hands out gas concessions to BP, ENI as Gaza war drags on Israel is determined to project a "business as usual" stance despite the conflict with Hamas claiming the lives of thousands of Israelis and Palestinians. Israel
Analysis Could Israel-Hamas war lead to another winter energy crisis for Europe? LNG spot prices have shot up since the Israel-Hamas conflict broke out, but European inventories are at all-time highs. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Oil prices on rise amid Israel-Hamas war, Iran embargo call Oil prices have risen to an extent following the start of the Israel-Hamas war, but further gains may be dependent on how the conflict plays out. Israel
COP28 could allow oil industry to form coalition to cut emissions: TotalEnergies TotalEnergies CEO and chairman Patrick Pouyanne said that national oil companies as well as public and private ones must join the group. United Arab Emirates
Israeli gas continues to flow despite Gaza conflict, but risks remain A prolonged war might mean less exported gas to Egypt, and in turn less supply for Europe. Israel
Renewable energy industry not ready to shoulder global demand, Aramco says The boss of the world's largest oil company doubled down on investing more in oil and gas, despite Greta Thunberg and other climate activists protesting outside the conference he was speaking at in London. Saudi Arabia
