Oil and gas

A general view shows the Awad oil field in the eastern Qamishli countryside in northeastern Syria, on February 9, 2026. (Photo by Amjad Kurdo / Middle East Images / AFP via Getty Images)

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US firm HKN Energy takes over 7 oil fields from Syria's Kurds

HKN Energy has begun operating seven oil fields under a 25-year agreement with Damascus, marking the first major production-sharing deal between Syria's new government and an international oil company.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

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US strategic oil stockpile nears four-decade low as Iran war drags on

The US Strategic Petroleum Reserve fell to 349.2 million barrels amid the global energy shock caused by the war in Iran.

A long convoys of Iraqi diesel-laden tanker trucks line up along the highway Tartus-Baniyas highway as they wait to unload their cargo at the Baniyas port refinery on the Mediterranean Sea, on April 15, 2026.

Syria says Iraqi oil shipments surge as Damascus courts foreign energy investment

Speaking at the Atlantic Council Global Energy Forum in Washington on Tuesday, Syrian Petroleum Company CEO Yousef Qiblawy said Iraq's overland oil exports through Syria have expanded rapidly in recent months.

https://www.al-monitor.com/originals/2026/06/will-pashinyans-victory-armenia-be-enough-unlock-peace-turkey-azerbaijan

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Venezuela’s Delcy Rodriguez meets Erdogan in surprise Turkey visit: What to know

Venezuelan acting President Delcy Rodriguez visited Turkey as part of Caracas' post-Maduro diplomatic outreach, seeking to deepen ties with Ankara in energy, trade and mining despite the continued constraints of remaining US sanctions.

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Algeria begins work on Trans-Saharan gas pipeline to Europe

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Oman denies disruption at key oil hub after reported drone attack

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How Iran war created unexpected economic beneficiaries

Amjad Kurdo / Middle East Images / AFP via Getty Images

After Gulf attacks, Rubio faces pushback on 'war is over' claim

US Secretary of State Marco Rubio testifies during a House Committee on Foreign Affairs hearing in the Rayburn House Office Building on June 03, 2026, in Washington. The hearing was held to examine the State Department's budget request for fiscal year 2027.

(From L to R) Moderator Joha Simpson, BBC world affairs editor broadcaster, author and columnist, UAE Energy Minister Suhail Al Mazrouei, Omani Oil and Gas Minister Mohamed Al Rumhi and Bahrain's Oil and Gas Affairs Minister Mohammed Bin Khalifa Al Khalifa sit on a panel during the Abu Dhabi International Petroleum Exhibition and Conference), Abu Dhabi, Emirates, Nov. 7, 2016.

UAE warns against underinvestment in oil, gas at Abu Dhabi conference

The Abu Dhabi International Petroleum Exhibition and Conference also features more focus on decarbonization and hydrogen.

Saudi Arabia's Minister of Energy Abdulaziz bin Salman.

Saudi Arabia criticizes Biden over oil reserve release

The US president recently announced that he would sell some emergency oil reserves in response to the Saudi-backed oil supply cut.

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Israel moves to reduce industrial greenhouse gas emissions

Ahead of the COP27 climate summit in Egypt next month, the Israeli government is focused on reducing greenhouse emissions within the industrial sector.

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How OPEC+ production cut will impact Egypt

Experts say the OPEC+ decision to cut oil production won't hit Egypt as hard as some other countries.

US President Joe Biden delivers remarks on energy.

Biden announces release of oil reserves following Saudi-backed oil cut

One analyst said the move will not elicit a reaction from Saudi Arabia, which is in a dispute with the Biden administration over the recent OPEC+ oil production decision.

Tunisians line up with their vehicles outside a gas station, Tunis, Tunisia, Oct. 13, 2022.

Fuel shortage, long queues anger Tunisians

Tunisians are growing angry amid successive crises, most recently a fuel shortage, while the government sits idle.

Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan.

Putin’s 'gas hub’ plan aims to bolster Erdogan's image

Erdogan has accepted Putin’s offer to create a “gas hub” in northwest Turkey. But what is a gas hub? Is it workable? If realized, what impact would it have?

US National Security Council Coordinator for Strategic Communications John Kirby.

Breaking | Last Updated: October 13, 2022, 7:05 pm

Saudi Arabia's defense of OPEC+ cuts draws sharp US rebuke

The United States and Saudi Arabia are offering differing accounts of OPEC+'s decision to cut oil production.

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

Abu Dhabi announces nearly $1 billion drilling contract

Oil and gas remain a major part of the Emirati economy, despite recent investments in renewable energy and green technology. The contract comes as the UAE gets ready to provide gas to Germany amid the war in Ukraine.

United Arab Emirates

United Nations peacekeeping vehicle drives to Naqura, the southernmost Lebanese town by the border with Israel.

Israeli PM acknowledges role of Biden, Macron in Lebanon maritime deal

Israel's Prime Minister Yair Lapid confirmed this evening publications in France over the significant role played by French President Emmanuel Macron in reaching the maritime agreement with Lebanon.

Amos ben Gershom/GPO

Israel moves ahead on maritime agreement with Lebanon

A maritime boundary agreement with Lebanon is finally headed for a likely approval vote in Israel.

Windsurfers surf by an Israeli navy boat in the Mediterranean Sea at the Israeli side of the border with Lebanon.

US touts 'historic breakthrough' on Israel-Lebanon maritime border

President Joe Biden called on Lebanon and Israel to now implement the agreement over their long-disputed maritime border.