Qatar locks in US LNG through 2054 as it looks beyond Hormuz The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054. Qatar
Gulf oil exports surpass prewar levels despite escalating tanker attacks According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Analysis As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege? The country's last barrels of crude stockpiled beyond the reach of a US naval blockade fell to zero in October, raising the stakes for Tehran amid mounting economic distress. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How much oil can cushion another Middle East supply shock? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Fire breaks out at Kuwait's largest oil field Two workers were injured at the Greater Burgan field in southeast Kuwait. News Brief
Egypt rolls out $1 billion for oil exploration in Western Desert Egyptian companies are planning more than $1 billion in investments in the oil and natural gas sector in the Western Desert region. Egypt
Saudi oil company Aramco reports profit increase for start of 2021 The Saudi state-owned oil company's profits went up 30% due to the improved global economy amid the continued COVID-19 pandemic, according to its CEO. DONT USE - Gulf Pulse
Iraqi, Syrian oil ministers discuss gas imports The Iraqi and Syrian oil ministers talked about the possibility of transporting Egyptian gas to Iraq through Syria during a meeting in Baghdad. News Brief
Israeli company sells shares in natural gas field to Emirati group In a demonstration of the economic dividends of the Abraham Accords, Abu Dhabi's Mubadala Petroleum is buying Israeli Delek Drilling’s shares in the Tamar natural gas field. Israel
Did Egypt make concessions in Halayeb and Shalateen issue to satisfy Sudan? Sudan’s Ministry of Energy and Oil announced the updating of the map of the oil blocs in Sudan to be put up for international oil and gas investment, which includes blocs in the disputed area of Halayeb and Shalateen with Egypt, which raises questions as to possible new agreements between the two sides. Egypt
Qatar LNG expansion plan turns spotlight back on methane emissions The natural gas industry is a major emitter of methane, a powerful greenhouse gas that receives less attention than carbon dioxide, despite having a much higher warming potential. Qatar
Egypt eyes liquefied gas exports to Asian markets For the first time in eight years, Egypt resumed operations of its two liquified natural gas stations in Idku and Damietta, a step many experts say would turn Cairo into a regional hub for LNG exports. Egypt
Freeing jammed Suez Canal ship could take 'days to weeks' Eight tugboats are working to refloat the Ever Given, which has been wedged sideways in the Suez Canal since Tuesday. Egypt
A thaw in Turkey’s relations with Egypt? Gulf Cooperation Council reconciliation may have set in motion Ankara’s desire for a reset with Cairo. Egypt
Oil prices continue to rise as Saudi Arabia and Russia talk production The price of Brent crude continued to increase above its pre-pandemic levels during the OPEC+ meeting Thursday. Legacy: Gulf
How Egypt benefits from gas agreement with Israel Egypt and Israel agreed to establish a pipeline connecting Israel’s offshore Leviathan natural gas field to the liquified natural gas terminal in Egypt, a move that was hailed as a major step toward economic, political and security gains for Cairo. Egypt
