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
East Mediterranean tensions flare as Turkey seeks leverage in maritime border talks Surveying activities by a Turkish ship in the eastern Mediterranean Sea have put Greek forces on high alert as Ankara seeks leverage in regional maritime border disputes. Originals
Will Azeri-Armenian flare-up change energy game in South Caucasus? Azeri-Armenian clashes in the strategically significant Tavush area could be the harbinger of tectonic changes in the energy politics in the South Caucasus, Turkey and Iran. Turkey
Top German diplomat criticizes Turkey's drilling plans in Mediterranean German Foreign Minister Heiko Maas repeated the concerns of other European states regarding Turkey's gas drilling plans in what Greece and Cyprus consider their waters. Turkey
East-Med undersea pipeline project now ratified by Israel Advancing the East-Med project one step further, Israel’s government ratified the agreement signed last January with the governments of Cyprus and Greece. Israel
Massive pipeline fire injures 17 near Cairo The highway fire, which engulfed scores of cars, is believed to have been caused by leakage from a nearby crude oil pipeline. Egypt
US threatens sanctions in bid to restore oil sharing in Libya The US government raised the specter of sanctions on unspecified parties involved in Libya’s civil war yesterday after Libya’s oil authority accused the United Arab Emirates (UAE) of obstructing efforts to restore petroleum revenue sharing between the country’s warring sides. Libya
Report: Energy producers in Middle East to earn billions less in oil revenues The International Monetary Fund's prediction that was reported by The Associated Press is the latest negative outlook for Middle Eastern economies. Originals
Iran cuts oil production and storage is nearly full amid pandemic, US sanctions Reuters reported that Iran's onshore storage facilities are nearly full while production is at its lowest point since the Iran-Iraq war. United States
Israel approves exploration, bidding on disputed offshore field Energy Minister Yuval Steinitz announced June 23 the opening of bidding for drilling in Block 72, off Israel’s northern shores, which Lebanon says is adjacent to its own fields. Israel
Israel, Egypt energy ties so far unaffected by coronavirus crisis, annexation plan Despite the coronavirus crisis and the annexation plan, agreements to export Israeli natural gas to Egypt remain intact. Israel
OPEC continues oil export cuts in June Global oil prices continue to hold up relative to earlier in the year as oil-producing countries in the Middle East struggle economically. Legacy: Gulf
US troops 'secure' northeast Syria oil, as contamination from it imperils lives Dilapidated pipelines and oil waste coat polluted rivers and streams in Kurdish-run northeast Syria. Syria
