Oil and gas

Interview

IEA calls COP28 'big opportunity' to slash methane emissions

In an interview with Al-Monitor, the International Energy Agency's chief energy economist, Tim Gould, said the climate summit should focus on methane as well as climate finance for the developing world.

Tim Gould

Chief Energy Economist of the International Energy Agency

Italy and Saudi Arabia in talks for major deals as ties grow under Meloni

The government of Italian Prime Minister Giorgia Meloni, which came into power in October 2022, has been working to deepen ties with energy- and cash-rich states in the Middle East and North Africa.

Saudi Arabia

Middle East state oil firms ‘should set the tone’ for lowering emissions at COP28, IEA says

Chief energy economist Tim Gould said it was “a legitimate expectation that these companies should be doing more” to support the clean transition.

United Arab Emirates

Oil & gas industry must not hide behind carbon capture 'illusion,' says IEA

Some of the major carbon emitters have ambitious plans to capture greenhouse gases, but those alone won't be enough to help the planet avert a climate crisis, the agency warned.

United Arab Emirates

Business & Tech Briefing: Dubai gears up for COP28

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Analysis

What does US envoy Hochstein’s trip to Israel mean for Gaza’s offshore gas?

Gaza’s offshore gas field could provide revenue to the Palestinians, but the estimated amount of gas in the area is relatively small.

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

What’s behind crash of Middle East diesel exports to Europe?

The Middle East is now considered a key source of diesel and other types of fuel for Europe after the European Union sanctioned Russia for its invasion of Ukraine in 2022.

Gulf

Iraqi FM says unless US stops Israel, conflict in Gaza will 'burn all of us'

Foreign Minister Fuad Hussein worries that the conflict in Gaza will drag on and expand beyond Israel’s borders.

Iraq

Chevron resumes gas supplies from Israel’s Tamar field after Gaza war halt

The US energy giant was ordered to shut down the field for security reasons after the outbreak of the Israel-Hamas war.

Israel

Saudi Arabia to sign more than $500M in deals with African countries

Saudi Investment Minister Khalid Al-Falih said the kingdom’s sovereign wealth fund, the Public Investment Fund, will make some “game changing” investments in Africa.

Saudi Arabia

Iraq and Turkmenistan make progress toward deal to transport gas via Iran

Iraq, currently dependent on Iran for gas and electricity, is seeking to develop its own gas supply as well as import gas from Turkmenistan.

Iraq

Analysis

Inside ADNOC's and Carbon Clean's plan to capture CO2 on mass scale

The British company's new project with the UAE energy major is hoping to address those skeptical about the cost, efficacy and viability of carbon dioxide capture as a climate solution.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech