Turkey launches first overseas drilling mission in Somalia: What to know A drilling ship has reached Somalia to start Turkey's first overseas drilling mission as regional rivalry heats up in the Horn of Africa. Turkey
Analysis How fast can Gulf energy production rebound after US-Iran ceasefire? The truce could pave the way for lost oil and LNG supplies to flow back to global markets, but restoring Gulf energy production to normal levels could take months, if not longer. By Samuel Wendel In Washington, DC, reporting on regional business and tech
EIA hikes 2026 oil price forecasts 22% as Hormuz fuels long-term market fallout In its latest update, the agency said international benchmark Brent crude is now expected to average $96 per barrel in 2026, up from $79 previously, with higher prices now expected to last through 2027. Iran
Iran threatens energy shock, ups Gulf strikes ahead of Trump deadline: What to know Majid Mousavi, head of the IRGC Aerospace Force, declared the start of a “new phase” of the war in response to US threats to target key Iranian civilian infrastructure. Iran
Analysis How the Iran war can help Syria manage Turkey and its regional rivals By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
Kuwait's Durra gas dispute puts Iran in new showdown with Gulf rivals The issue has added to a list of already existing tensions between Iran and other Persian Gulf states, with Kuwait and Saudi Arabia upping the rhetoric over the past year, denying any Iranian share in the vast reserve. Iran
Iran, Algeria to build closer energy, tourism ties Europe is increasingly interested in Algeria as an alternative to Russia for gas supplies, while Iran is seeking to boost its own gas output amid continued US sanctions. Iran
South Sudan’s oil at risk due to Sudan civil war South Sudan depends on its northern neighbor to export its oil and is facing difficulties with the exports due to the war there and the conflict in the Red Sea. Sudan
Qatar places major bet on gas as Saudi Aramco scores new find in Jafurah Asian liquefied natural gas prices have fallen to a nearly three-year low as warmer winter temperatures have dampened demand. Qatar
Iran-Pakistan gas pipeline gets a reset, can it overcome sanctions? As Tehran and Islamabad work to make progress on the Iran-Pakistan natural gas pipeline that has been decades in the making, the threat of US sanctions and financing challenges still remain. Iran
Saudi Arabia reports oil export slump after OPEC cuts The dip in exports for the fourth quarter of 2023 was due to Saudi Arabia’s decision to reduce crude output in accordance with the Organization of Petroleum Exporting Countries and allies — the kingdom has also implemented voluntary cuts. Saudi Arabia
Analysis Germany to import Algerian gas, eyes long-term renewables partnership Berlin needs to convince Algiers that green hydrogen production for export is technically feasible and economically viable. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
ADNOC, BP form natural gas joint venture in Egypt The British energy major said Wednesday it would contribute its interests in three development concessions and exploration agreements in Egypt to the joint venture. Egypt
Saudi energy minister reveals why Aramco cut oil target by 1m bpd In January, the world's biggest corporate crude producer said it would halt its oil expansion plan and set a minimum sustained production capacity of 12 million bpd, 1 million bpd below its target announced in 2020 to be reached in 2027. Saudi Arabia
India bets on Qatar again with 20-year LNG deal India is one of Qatar's top LNG customers, and the Gulf country is looking to expand its reach in Asia and Europe amid high export targets and increasing competition from the United States' expanding natural gas market. Qatar
Why has Saudi Arabia ordered Aramco to halt its plan to raise oil production? The move may be simply a cost-cutting strategy, or it could be driven by a new, less optimistic outlook from the world's largest crude producer on future oil demand. Saudi Arabia
Davos 2024: Green ammonia expansion integral to Morocco’s new hydrogen economy, minister says Morocco's Minister of Energy Transition and Sustainable Development Leila Benali told Al-Monitor in an interview that the COP28 declaration marked the first time an emergence of more inclusive messaging has been seen in official climate text. Morocco
