Oil and gas

Venezuela

Qatar PM arrives in Venezuela on first trip since Maduro’s ouster: What to know

Qatar is moving to shore up ties with Venezuela as the US seeks greater control over the South American country’s oil revenues.

Masoud Suleman, acting chairman of Libya's National Oil Corporation, and other corporate representatives pose for a photo during a conference announcing the first new grants of oil exploration and production licenses in 17 years, in Libya's capital, Tripoli, on Feb. 11, 2026.

Analysis

Libya’s oil revival powers on despite shaky investment thesis

Libya’s National Oil Corporation announced winners for the country's first oil and gas licensing round in 17 years — a milestone for an OPEC member that has lurched from civil war to uneasy truce since 2011.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

03/04/2021 Asalouyeh, Iran. A view of refinery No. 2 (Phases 2, 3) of the? South Pars Gas-Condensate field in Asalouyeh Seaport, north of the Persian? Gulf in Iran.The South Pars Gas-Condensate field, the world's largest natural gas field, is shared with Qatar (North Dome) (Photo by Saeid Arabzadeh / Middle East Images / Middle East Images via AFP) (Photo by SAEID ARABZADEH/Middle East Images /AFP via Getty Images)

Analysis

New nuclear deal is no silver bullet for Iran's untapped gas reserves

Iran has an estimated 32 trillion cubic meters of natural gas reserves, but it has been unable to exploit them under the weight of international sanctions.

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

Iranians ride their motorbike past a huge banner of former Iran Islamic Revolutionary Guard Corps (IRGC) Quds Force commander Qasem Soleimani ahead of the sixth anniversary of his assassination, in Tehran, Dec. 31, 2025.

Analysis

Why IRGC’s shadow empire is set to endure even as Iran’s economy spirals

With the ability to operate clandestinely, the Islamic Revolutionary Guard Corps wields significant power across Iran's most important sectors — insulating the organization from current economic turmoil, according to experts.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Syria to develop first offshore oil, gas field with US’s Chevron, Qatar’s UCC

Platform Edith, the largest of Chevron's USA's offshore production platforms, is seen off the southern California coast, on Oct. 6, 2021.

Kuwait to open offshore oil, gas fields to foreign firms: What to know

YASSER AL-ZAYYAT / AFP via Getty Images

How US-India trade deal could impact Mideast energy, trade routes

US President Donald Trump shakes hands with Indian Prime Minister Narendra Modi during a joint press conference in the East Room of the White House in Washington, on Feb. 13, 2025.

UAE’s MBZ reportedly cancels Japan visit amid US-Iran standoff: What to know

UAE President Sheikh Mohamed bin Zayed Al Nahyan arrives for a welcoming ceremony prior to talks with the Russian president at the Kremlin in Moscow, on Jan. 29, 2026.

United Arab Emirates

Algeria's President Abdelmadjid Tebboune speaks.

Algeria to maintain gas supplies to Spain despite dispute

Algeria's announcement concerning the immediate suspension of the treaty of friendship and good neighborliness concluded with Spain in October 2002, after Madrid’s radical change of position on the Western Sahara issue on March 18, will not have negative consequences on gas contracts signed by the two countries.

Palestinian bread baker

World Bank official: Lebanon, Yemen, Syria most food-insecure in region

Many states across the Middle East and North Africa meet the criteria for food insecurity, experts said at a US Institute of Peace event.

Turkish Foreign Minister Mevlut Cavusoglu (R) and Israeli Foreign Minister Yair Lapid (L).

Israeli FM Lapid gets warm welcome in Ankara

Israeli Foreign Minister Yair Lapid is the latest regional leader to be greeted in Ankara as Turkey takes a fresh approach to its regional ties.

European Commission President Ursula von der Leyen (4th-R) poses for a group photo with the EU Commissioner for Energy Kadri Simson (6th-R), Egypt's Minister of Petroleum Tarek el-Mulla (5th-R), Israeli Minister of Energy Karine Elharrar (3rd-R) and other officials during the signing ceremony of a trilateral natural gas deal during the ministerial meeting of the East Mediterranean Gas Forum, Cairo, Egypt, June 15, 2022.

Egypt looks for boost from gas deal with Israel, EU

The EU, Egypt and Israel signed an agreement for the export of natural gas to Europe, which would reduce the latter’s dependence on Russian gas.

(L to R) Director-General of Syria's General Petroleum Corporation Nabih Khrestin.

Egypt-Lebanon gas deal awaits US decision on Syria sanctions

A State Department spokesperson said the administration will review the final contracts and financing terms to address any sanctions concerns.

Yair Lapid hosts hosting EU Commission President Ursula von der Leyen, on June 13, 2022.

European Commission head in Israel for talks on energy, natural gas

Prime Minister Naftali Bennett and Energy Minister Karin Elharar discussed with European Commission President Ursula von der Leyen possibilities for cooperation on exporting Israeli natural gas via Egypt to Europe.

Mohammad bin Salman

Biden to meet with Saudi crown prince in July visit

The president is expected to meet with Saudi Crown Prince Mohammed bin Salman in the Saudi Arabian city of Jeddah following a visit to Israel and the West Bank, a senior administration official said.

A military vessel of the United Nations peacekeeping force in Lebanon (UNIFIL) is pictured off the coast of the southern Lebanese town of Naqura, on the border with Israel, where delegations from the two countries were meeting, Nov. 11, 2020.

Maritime dispute with Lebanon threatens Israeli natural gas drilling

Israel hopes that a solution can be found to the maritime border dispute with Lebanon so Energean can start drilling in the Karish field in the third quarter of 2022.

Egyptian President Abdel Fattah al-Sisi (back-R) and his Russian counterpart Vladimir Putin (back-L).

Russia launches production for Egypt’s nuclear power plant

Ukraine war not stopping Russia’s Rosatom from manufacturing equipment for Egypt’s first nuclear power plant.

The U.S. Department of State is seen on Jan. 6, 2020, in Washington, DC.

No sanctions assurances offered on Lebanon energy plan: State official

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the northern coastal city of Caesarea, Israel, Dec. 19, 2019.

Egypt's gas imports from Israel hit all-time high

Gas flows hit a new record in the first quarter of the year and peaked in March, when Cairo purchased above contractual volumes.

MAZEN MAHDI/AFP via Getty Images

OPEC+ alliance agrees to production increase

Pressure on Saudi Arabia, Russia and other major oil producers has boosted production amid high prices.

Al-Monitor Staff

By Al-Monitor Staff