3 Iranian tankers with 4.8M barrels of oil pass US blockade: What to know At least three US-sanctioned Iranian-flagged tankers have exited the Gulf of Oman as the Trump administration eyes Tehran's moves ahead of sanctions waivers expected to begin Friday. By Jared Szuba In Washington, DC, reporting on defense, national security, military
Exclusive 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. By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
Explainer 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. United States
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. Syria
Abu Dhabi port operator signs oil transport deal with Iraqi firm AD Ports Group is seeking to expand its international business, recently making agreements in Egypt and Uzbekistan to this end. Iraq
Breaking | Last Updated: September 29, 2022, 6:42 pm US unveils new sanctions targeting Iran’s oil sales The Biden administration on Thursday blacklisted entities in China, Hong Kong, Iran, India and the United Arab Emirates over their alleged involvement in Iran’s petrochemical trade. Iran
UAE to help Germany reduce dependence on Russian gas Qatar is also reportedly close to supplying the European country with natural gas amid the Ukraine war. United Arab Emirates
Iraqi prime minister emphasizes Iraq's role in regional stability at UN The Iraqi prime minister highlighted Iraq's main issues and the country's regional and international significance at the UN General Assembly. Iraq
Natural gas profits finally put Israel's wealth fund into business After four disappointing years, Israel’s wealth fund, based on tax revenues from natural gas companies, has enough money to begin making investments. Israel
Israeli natural gas revenues boom With a projected increase in output, Israel will have the opportunity to boost exports to Europe. Israel
Dubai supplier to replace coal with natural gas in bid to reduce carbon emissions The Abu Dhabi National Oil Company signed an agreement to provide Dubai with natural gas, which will be used to generate electricity. Natural gas is a relatively clean fuel but does lead to carbon emissions. United Arab Emirates
Why Hezbollah won't torpedo Lebanon's maritime border talks with Israel Israeli sources believe that Hezbollah Secretary-General Hassan Nasrallah realizes how important it is for economically failing Lebanon to reach an agreement with Jerusalem on its maritime border and the extraction of natural gas. Israel
Energy, dams boost Egypt’s clout in Africa Egypt has emerged as a regional energy power in recent years and is using its electricity and gas surpluses and experience in building dams to boost its foothold in Africa. Egypt
Oil prices fall following Saudi-backed OPEC+ production cut The decrease in production could be a message from Saudi Arabia to the US over the Iran nuclear deal. Legacy: Gulf
Oil spill darkens Egyptian tourist town Ahead of the Cop27, an oil spill in Egypt highlights the country’s inability to deal with environmental disasters. Egypt
On visit to Algeria, France’s Macron advances post-colonial reconciliation The presidents of France and Algeria signed Aug. 27 a pact for a new partnership between the two countries, announcing the setting up of a joint historian commission to explore the colonial period, alleged French crimes and the bloody eight-year independence war. Algeria