Oil and gas

KRG Prime Minister Masrour Barzani (R) and Iraqi Prime Minister Mohammed Shia al-Sudani (L) meet in Irbil on April 12, 2025.

Exclusive

Iraq's Kurds air fury over PM Sudani's stance after attack on gas field

“We were shocked at Sudani’s audacity. Imagine the state we would have been in had he gotten his way,” a senior Iraqi Kurdish official speaking not for attribution told Al-Monitor.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Mark Carney in UAE

UAE pledges up to $50B for Canada during Carney's Abu Dhabi visit

The agreement was signed by Canadian Prime Minister Mark Carney and UAE President Mohammed bin Zayed Al Nahyan on Friday, during the former’s official visit to Abu Dhabi.

United Arab Emirates

DELIL SOULEIMAN/AFP via Getty Images

Syria signs deals with ConocoPhillips, Novaterra Energy: What to know

Syria signed a memorandum of understanding with US energy companies ConocoPhillips and Novaterra Energy to develop and explore gas fields as Damascus works to revive the country’s battered natural gas sector.

Russian President Vladimir Putin meets with Egyptian President Abdel Fattah El-Sisi at the Kremlin in Moscow, on May 9, 2025.

Egypt, Russia advance construction at Dabaa nuclear plant: What to know

The Dabaa nuclear plant could help Egypt address its energy woes while boosting cooperation with Russia.

Latest News

Iran doubles down on Venezuela support as Trump ups threats: What to know

A woman waves an Iranian flag during a rally against Israel's attacks on Iran, in solidarity with the Palestinian people and to call for world peace in Caracas, on June 19, 2025.

Syria advances Qatar-backed $7B power project amid soaring electricity prices

This picture taken on July 10, 2022, shows a view of the thermal natural gas and fuel oil power plant serving Syria's northern city of Aleppo.

Egypt courts investors, signs new gas deals at Abu Dhabi ADIPEC summit

People sit listening as the Chairman and CEO of TotalEnergies Patrick Pouyanne speaks during the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, on Nov. 3, 2025.

Turkey, Iraq sign oil-for-water deal: What to know

sign

Workers weld a first juncture of the oil pipeline eastern Siberia on Oct. 13, 2006.

Analysis

How significant is Russia-Iran gas pipeline deal via Azerbaijan?

Iran and Russia's partnership continues to expand, as talks of an energy pipeline to transport Russian gas to Iran through Azerbaijan take shape.

Sabena Siddiqui

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Burak Kara/Getty Images

Turkey’s Erdogan to discuss Russian gas supplies to Slovakia with Putin

The move comes after Ukraine shut down a pipeline that had long transited Russian gas to Central Europe.

Children stand on a beach in Deir al-Balah, Gaza Strip, on December 30, 2024. The severe storms have caused significant damage to the already fragile living conditions in the camp. (Photo by Youssef Alzanoun / Middle East Images / Middle East Images via AFP) (Photo by YOUSSEF ALZANOUN/Middle East Images/AFP via Getty Images)

Al-Monitor's top 10 most-read articles, interviews of 2024

From Assad's fall in Syria to Israel's wars in Lebanon and Gaza, Al-Monitor remains committed to bringing you unparalleled, independent coverage of the region, engaging with all voices to bring you the full story.

OMAR HAJ KADOUR/AFP via Getty Images

Analysis

From BRICS to dwindling oil revenues, 2024 was mixed year for Gulf

The ongoing conflict in Gaza, big international investment deals, low oil revenue and increased curtailing of democratic rights dominated Gulf politics and economy in 2024

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Traffic flows on a main road past electricity transmission towers in Tehran, on Dec. 16, 2024.

Iran's energy crisis shuts 80 power plants as rial plummets: What to know

Amid freezing temperatures and increased demand for heat, Iran is facing an acute energy crisis that has all but shut down the country.

In this pool photograph distributed by Russian state agency Sputnik, Russia's President Vladimir Putin (L) speaks with Russia's energy giant Gazprom CEO Alexei Miller as they visit the Lakhta Centre skyscraper, the headquarters of Russian gas monopoly Gazprom in Saint Petersburg on June 5, 2024. (Photo by Kirill MOROZOV / POOL / AFP) (Photo by KIRILL MOROZOV/POOL/AFP via Getty Images)

Turkey, Hungary receive US sanctions waiver to pay Russia's Gazprombank

Turkish Energy Minister Alparslan Bayraktar says the exemption has been granted.

FAYEZ NURELDINE/AFP via Getty Images

UAE energy giant gets green light for $16B takeover of German firm Covestro

ADNOC agreed in October to buy Covestro for 14.7 billion euros (then around $16.3 billion), including its debt, in its biggest-ever takeover.

United Arab Emirates

Senior Iranian and Chinese officials held talks in Tehran on expanding bilateral ties in various areas, particularly in the economic field.

Senior China delegation in Iran to discuss 'strategic partnership,' economic ties

Iran hosted a Chinese delegation on Tuesday and Wednesday in a step to solidify a 2021 strategic partnership agreement, but can the two countries’ partnership weather the upcoming Donald Trump presidency?

Sultan Al Jaber

ADNOC launches $80B low carbon energy company XRG: What we know

XRG, which will operate separately to ADNOC, is expected to double its asset value over the next decade.

United Arab Emirates

Turkey in talks for US sanctions waiver to pay for Russian gas

The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector, including Gazprombank, the country’s largest lender yet to be designated by Washington.

A man walks past a mural depicting slain commander of the IRGC's Quds Force Qasem Soleimani in Caracas, Venezuela, on April 26, 2024.

Iran defense chief visits Venezuela, talks energy, trade: What we know

Iran and Venezuela are working to repair oil ties after the reimposition of US sanctions on the South American country and the looming return of President Donald Trump to the White House.

TPAO

Turkey’s big plan to launch IPOs for state energy companies: What we know

Turkey's financial recovery travails are likely to be the key reason for the change in energy policy.