Oil and gas

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.

Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman (C) inspects a guard of honour during a ceremonial reception at the President House a day after the G20 summit in New Delhi on September 11, 2023. (Photo by Money SHARMA / AFP) (Photo by MONEY SHARMA/AFP via Getty Images)

Analysis

What to make of Saudi-Iranian flurry of diplomatic activity, military channels?

A high-level military meeting between Saudi Arabia and Iran on Sunday marked another in a series of recent diplomatic engagements between the two nations.

Rosaleen Carroll

By Rosaleen Carroll

In Washington, DC, US, reporting on the Middle East

A picture shows the headquarters of UAE's state oil company ADNOC in Dubai on July 27, 2022.

UAE's ADNOC doubles down on gas, allocating $15B over next 5 years

In a Monday statement ADNOC Gas said it had raised its capital expenditure plan to around $15 billion for the next five years, from about $13 billion.

United Arab Emirates

Latest News

Middle East markets rally after Donald Trump's election victory

Former US President and Republican presidential candidate Donald Trump speaks during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, on November 6, 2024. Donald Trump claimed victory and pledged to "heal" the country on November 6, 2024 as results put him on the verge of beating Kamala Harris in a stunning White House comeback. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Saudi Aramco in 'advanced' talks on hydrogen offtake as Q3 income drops 15.3%

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How Trump, Harris presidencies could impact Middle East oil markets

A picture taken on March 12, 2017, shows a view of an oil facility in the Khark Island, on the shore of the Gulf.

Saudi Arabia ramps up renewable tenders to 44 GW, doubles down on oil and gas

A general view shows the solar plant in Uyayna, north of Riyadh, on March 29, 2018.

A displaced Syrian man works at a makeshift oil refinery near the village of Tarhin in an area under the control of Turkish-backed factions in the northern countryside of Aleppo, Syria, Feb. 25, 2021.

Oil smuggling in Syria worsens pollution in Euphrates River

The residents living near the Euphrates River in northeast Syria are suffering the consequences of water pollution mainly caused by oil spills resulting from smuggling operations between the areas held by the Kurdish forces and the Syrian government.

Oil beach Yemen

Leaking tankers threaten health, livelihoods along Yemen's coast

A series of recent pollution incidents in the port of Aden has brought newfound urgency to addressing the hazardous vessels.

A flame from a Saudi Aramco oil installation known as Pump 3 is seen in the desert near the oil-rich area of Khouris, 160 kilometers east of Riyadh, on June 23, 2008.

Oil prices fall to another low

Saudi Arabia has benefited from high oil prices this year, though prices appear to be falling somewhat on the back of production increases.

The National Oil Company is seen in the northern town of Ras Lanuf, Libya, June 3, 2020.

Security unrest sparks protests in southern Libya, threatens oil output

The Libyan oil sector is once again threatened amid security and political turmoil, most recently with protests breaking out in the oil-rich southern region, which has been marginalized for years.

This picture taken on Jan. 13, 2022, shows a view of the Shubra al-Kheima natural gas electrical power station.

Saudi Arabia secures funding for electricity interconnection with Egypt

Egypt just approved a plan to ration electricity, though the government said there is not a shortage of power.

The Turkey-flagged Abdulhamid Han.

Fourth Turkish drilling ship begins energy exploration in Mediterranean

Past Turkish energy exploration activities took place in waters claimed by Greece and Cyprus, leading to significant tensions.

Chinese traditional dance teams perform during the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company.

Saudi Arabia-China relations strengthen with Aramco-Sinopec deal

The ties between China and Saudi Arabia are largely based on trade and energy cooperation.

Saudi Energy Minister Abdulaziz bin Salman bin Abdulaziz Al Saud addresses the 29th annual Middle East Petroleum and Gas Conference.

Breaking | Last Updated: August 3, 2022, 11:48 am

OPEC+ agrees to small oil production increase

US President Joe Biden may have been hoping for a larger boost in production.

The sign at the entrance to the Russian branch of the Jewish Agency for Israel office is seen in this photo, Moscow, Russia, July 28, 2022.

Is Russia escalating Jewish Agency crisis because of Israel's stance on Ukraine?

Some Israeli security and diplomatic experts believe that Russian President Vladimir Putin instigated the Jewish Agency crisis to pressure Israel against selling natural gas to Europe.

Saudi Aramco acquires lubricant giant Valvoline

Aramco has been investing in futuristic technology amid high oil prices and profits.

Price tags are seen on a market shelf of fresh fruit and vegetables on May 05, 2022, in Istanbul, Turkey.

Turkey raises inflation forecasts

The Turkish lira is also again falling close to historically low levels against the US dollar.

Russian President Vladimir Putin speaks as he attends the inauguration ceremony of new gas pipeline, TurkStream.

Turkey, Russia gas ties grow contentious amid Ukraine war

Russian gas giant Gazprom’s sudden “maintenance" shutdown of a major pipeline carrying gas to Turkey coincided with the talks over Finland's and Sweden’s NATO membership bids.