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
OPEC+ likely to maintain oil output at meeting, in gesture to US While the OPEC+ group is expected to maintain oil production at its virtual meeting set for Feb. 1, global demand for oil is estimated to reach a record high in 2023. Legacy: Gulf
Oman continues economic reforms by listing drilling company on stock exchange Oman’s fiscal performance has improved in the last year, and the country wants to produce more alternative forms of energy, such as hydrogen. Legacy: Gulf
OPEC Fund raises $1 billion via sustainability bond Gulf states in the organization are showing increasing interest in funding projects related to the environment, renewable energy and green technology. Legacy: Gulf
Turkey's intel chief visits Libya following trip by CIA head Turkey’s intelligence chief Hakan Fidan paid a visit to Libya only days after his American counterpart, William Burns, traveled to the conflict-torn country. Turkey
Gas-rich Iran apologizes to citizens over chaotic shortages Despite sitting on the world's second-largest gas reserves, Iran has in recent days witnessed the chaotic management of its household gas heating, which is adding further to a host of unaddressed public grievances. Iran
Interview Oman banking on hydrogen, renewables in diversified energy strategy In an exclusive interview with Al-Monitor, Oman’s energy and minerals minister is charting a course for affordable, sustainable energy and welcomes international investors. Salim Al Aufi Oman Minister of Energy and Minerals
2022 in review: The year that broke US relations with OPEC+ After a tumultuous year for US-Saudi ties, there is little reason to expect US-OPEC+ tensions to ease in 2023. Legacy: Gulf
Israel expected to increase natural gas drilling in 2023 Faithful to his past energy policies and on the backdrop of the global energy crisis, Prime Minister-designate Benjamin Netanyahu is likely to expand exploration for natural gas off Israel's shores. Israel
Analysis 2022 in review: Saudi-China, Qatar-Germany deals cap Middle East's energy developments Hydrogen power, oil price fluctuations and electric vehicles could feature prominently in the region in 2023. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Iraqi PM stresses need for regional reconciliation at summit in Jordan Iraqi Prime Minister Mohammed Shia al-Sudani attended the second round of the Baghdad conference today in Jordan and expressed Iraq's willingness to push forward on regional cooperation and partnership. Iraq
Report: Israel may start exporting gas to Cyprus via new pipeline The comments from Cyprus’ energy minister come as Israel is eyeing more gas exports to Europe. Israel
Large gas field discovery brings Egypt closer to energy hub goal A newly discovered gas field is making Egypt's energy exporter hub vision more of a reality. Egypt
