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
Why is Turkish Cypriot leader declared ‘enemy’ in Turkey? The leader of the Cypriot Turks angered Ankara in October for criticizing the Turkish incursion into Syria, but all hell has broken loose since he recently said that any move by Turkey to annex Northern Cyprus would be a “horrible” prospect. Turkey
Jordanians fuming over electricity bills, call for boycott Jordanians are angered at the sharp hike in electricity rates, which the government claims is due to the high consumption in subzero temperatures. Jordan
Turkey expands gas exploration efforts to Libya’s offshore waters Turkey has moved to expand its gas exploration drive in the tension-ridden eastern Mediterranean since signing a maritime accord with Libya’s Tripoli-based government, but there are also signs that Ankara might seek to break its isolation in the region. Turkey
Libyan divide deepens as eastern forces shut down oil ports As the Libyan National Army accused the Government of National Accord and Tripoli-based National Oil Corporation of spending its revenues on mercenaries to fight along their ranks, the tribes in eastern Libya shut down multiple oil ports and demanded a new distribution of oil revenues. Libya
Will Israel go through with plan to develop Gaza gas field? Amid reports about talks between Israel and the Palestinian Authority to import gas to the territories, sources say the PA intends to get gas to operate Gaza’s power plant and solve its acute power crisis. Qatar
In historic development, Israel exports natural gas to Egypt Energy Minister Yuval Steinitz explains all the historic aspects of Israel exporting natural gas to Egypt. Egypt
Israel-Greece-Cyprus take on Turkey in the Mediterranean Trilateral cooperation among Israel, Greece and Cyprus to build a natural gas subsea pipeline is setting the stage for more tensions with Turkey in the Eastern Mediterranean. Egypt
Jordanians press case against importing Israeli gas A confrontation between the Jordanian government and parliament looms after the launch of a trial run pumping Israeli natural gas to Jordan amid vocal public opposition. Egypt
Will Egyptians benefit from latest fuel price move? Egypt’s Follow-up Committee for the Automatic Pricing Mechanism for Petroleum Products recently issued its quarterly decision on the trajectory of domestic fuel prices. Egypt
New oil, gas field in Egypt promises more discoveries Egypt’s successive governments have largely ignored drilling of oil and gas in the Western Desert given the high cost of such an operation, although the area is rich. Egypt
Pacts between Libya, Turkey raise tensions with Egypt Egypt's criticism of Libya's internationally recognized government is mounting in light of the latter's maritime and security agreements with Turkey. Egypt
Egypt flexes muscles in Mediterranean after Libyan-Turkish agreement Egypt has conducted extensive military drills in the Mediterranean in a clear response to and a show of strength against the maritime agreement between the Libyan Government of National Accord and Turkey. Egypt
