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
Archive Upfront from Mar 26, 2020 Turkey appears to want more than Syria’s oil Like Moscow and Washington, Ankara seems to be coveting the oilfields of Deir ez-Zor in Syrian Kurdistan, which Kurds fear would give Turkey an opening to take over the entire Rojava area. Syria
Intel: How the US is relying on Riyadh to reassure global markets In a phone call with Crown Prince Mohammed bin Salman on Tuesday, US Secretary of State Mike Pompeo urged Saudi Arabia to “rise to the occasion” as the escalating coronavirus crisis and the kingdom’s standoff with Russia continue to hammer global markets. Saudi Arabia
Is another economic crisis looming in Iraq, with dropping oil prices? Iraqis are expressing great concern about the low oil prices amid the coronavirus outbreak, as the government may not be able to pay their salaries in the coming months. Iraq
What's behind arrest of Turkish-Azeri billionaire? Although Azeri-Turkish billionaire Mubariz Mansimov Gurbanoglu was cleared of links to the Gulen movement, he's been arrested again this week. Turkey
Russia hoping to outdo Saudis over time in coronavirus-hit oil market Russia opted for an approach based on uncertainty in its decision to leave the OPEC-plus deal, but is it punching above its weight? Saudi Arabia
Egypt and Turkey's energy face-off in the Mediterranean Egypt signing an agreement with five major energy companies to start drilling in the Mediterranean off its coast near Libya raises the prospect of more friction developing with Turkey. Egypt
Erdogan turns to oil in a bid to salvage Syria policy Turkey’s president eyes oil-related bargains in Syria after failing to achieve his stated objectives in Idlib and acquiescing to a new deal with Russia in the rebel stronghold. Syria
Will Russia accept Turkey's proposal to split Syria's oil? Moscow weighs the pros and cons of a Turkish proposal on Syrian oil. Syria
Will Marib province survive Houthi offensive after fall of al-Jawf? An offensive on Marib province is looming but may not be imminent as analysts say they think Marib will likely remain in a state of ebb and flow following the battles in al-Jawf and Nihm. Saudi Arabia
Does Moscow’s withdrawal from OPEC-plus deal end Russia-Saudi honeymoon? Russia’s decision to break off from the Saudis in the OPEC-plus agreement has some merits. Saudi Arabia
UAE shows path for peaceful nuclear development Fuel assemblies have been loaded into the first of four UAE nuclear power plants following the country's yearslong effort to develop major national and international support for nuclear energy. United Arab Emirates
Edelman strikes $6 million deal with Saudis to promote G-20 business summit Saudi petrochemicals company SABIC has hired the Chicago-based PR giant to support this year’s Business 20 gathering in Riyadh. Saudi Arabia
