Analysis Lebanon key to Trump plan for turnaround in Middle East The final "This Week" column reflects on US policy toward Lebanon, Syria, Iraq and Gaza. By Andrew Parasiliti In Washington, DC, reporting on diplomacy, regional politics, national security
Analysis As Trump plays Russia oil sanctions gambit, will Middle East profit or pay? A potential US crackdown on Russian oil buyers could disrupt global trade flows — and the Middle East stands to both benefit and lose. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Landmark $18.7B Santos-ADNOC takeover delayed: What to know Santos said in a statement that the due diligence period, initially set for six weeks, has been extended until Aug. 22. United Arab Emirates
$35B gas deal underscores Egypt’s energy reliance on Israel despite Gaza tensions Israel and Egypt have finalized a $35 billion gas deal that will double Israeli gas exports by 2029, highlighting Cairo’s growing energy dependence on its neighbor, even as political tensions rise over Gaza. Egypt
Saudi oil exports fall to 21-month low The decline in the kingdom’s oil exports follows its production cuts as well as those of Russia. Saudi Arabia may face difficulties maintaining price stability moving forward. Legacy: Gulf
Offshore gas rig sets up in cash-strapped Lebanon The arrival of the machinery marks a significant development for Lebanon, which hope gas exploration will revive its ailing economy. Lebanon
How significant is India's first ever use of rupees for UAE oil payment? Abu Dhabi National Oil Company (ADNOC) received the rupee payment of an undisclosed amount from Indian Oil Corp., according to an Indian Embassy statement acquired by Reuters. United Arab Emirates
Analysis Russia’s oil sales to China hurt Saudi revenue despite increased demand Despite oil prices maintaining a seven-week rally and crude demand expected to reach record highs in 2023, the burden of maintaining higher oil prices is pushing Saudi Arabia to the limit. By Salim A. Essaid
UAE's ADNOC to expand gas processing with $3.6 billion contract ADNOC Gas announced it would award the contract to a joint venture between ADQ state-fund-owned National Petroleum Construction Company and Spain’s Tecnicas Reunidas. United Arab Emirates
Iran says daily oil output to hit 3.5M barrels in September Iran's oil output will reach 3.5 million barrels per day by Sep. 22, the state-run news agency reports. Iran
Egypt’s power cuts persist amid heat, declining natural gas production Egypt wants to export more natural gas, including in cooperation with neighboring Israel, but domestic production is declining amid the government’s efforts to reduce consumption. Egypt
From Beijing to Chengdu, UAE’s ENOC establishes first China jet fuel network The Dubai government-owned oil and gas company said the expansion will extend to strategic cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu. United Arab Emirates
Iran inks deal with Pakistan as pipeline project drags The five-year partnership seeks to facilitate and double the current bilateral trade, which has been complicated by US sanctions on doing business with Tehran. Iran
UAE’s ADNOC buys stake in Azerbaijan gas field The move follows a wind and solar energy deal between an Emirati firm and Azerbaijan. Legacy: Gulf
Eni ends 9-year force majeure status for Libyan gas exploration sites Eni is Libya’s largest gas producer and domestic market supplier with an 80% share of national production. Libya
Canadian energy firm to develop major oil field in Turkey’s Kurdish southeast A Canadian firm will help Turkey develop its new oil field in Sirnak province. Turkey
