Bahrain joins Gulf’s late movers in the solar race with 150 MW project If completed on schedule, the Bilaj Al Jazayer solar plant would more than double the kingdom’s total installed renewable capacity, which stood at just 69 MW in 2024. Bahrain
Egypt overtakes Kuwait as MENA’s biggest LNG importer: What to know Last year, the North African country shifted from being a net exporter to a net importer of LNG, due to soaring demand and production declines. Egypt
Analysis Algeria hails new $60B energy plan but price slump threatens reform push The OPEC member recently held its first oil and gas licensing round in a decade, attracting significant international interest and awarding five of six onshore blocks, signaling progress in its energy ambitions despite ongoing challenges. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iran, Russia, Central Asia states ink Caspian Sea pact, plan naval drills The navies of Iran, Russia, Azerbaijan and Kazakhstan signed a comprehensive strategic cooperation agreement on Wednesday, aimed at strengthening security in the Caspian Sea basin as the four countries deepen their relations. Iran
Analysis Egypt’s renewable power jumps 34% as country tackles energy crunch By Samuel Wendel In Washington, DC, reporting on regional business and tech
Aid flight arrives from Iran to Venezuela despite continued US pressure Economic and political relations between Iran and Venezuela continue to develop despite Washington's best efforts. Iran
Iraq still committed to energy ties with Saudi Arabia, Gulf states despite Iran electricity deal Iraq has signed an agreement with Iran to continue importing gas and electricity for two years. Saudi Arabia
EU criticizes Turkish energy exploration in Mediterranean Turkey disputes the European Union's position that the waters where Turkey hopes to drill for hydrocarbon belong to Greece and Cyprus. Turkey
Qatar makes massive LNG ship order The purchase by Qatar Petroleum from three South Korean companies comes as oil prices continue to rise from the lows earlier in the year. Qatar
Fourth Iranian tanker reaches Venezuela as US ups pressure A State Department official said it is warning companies about doing oil-related business with Venezuela as the ships continue to arrive. United States
Libya says oil blockade has cost $5 billion in lost revenue The Tripoli-based National Oil Corporation said the closure of oil facilities in January has led to billions in losses. Libya
Egypt announces international anti-Turkey alliance Egypt announced an international alliance that includes Greece, Cyprus, the United Arab Emirates and France to confront Turkish provocative moves in Libya and the Mediterranean. United Arab Emirates
Is Turkey on moderation path in its foreign policy? Conciliatory messages coming out of Ankara recently may appear as an effort to moderate Turkish foreign policy vis-a-vis the United States, Europe and Israel, but they are likely to be just maneuvering to weather the many stalemates in Turkey's foreign ties. Egypt
Global oil prices at highest since March following OPEC cuts Oil prices have fallen significantly this year as a result of the coronavirus and the Saudi-Russia price war, but Brent crude has now risen past $36. Saudi Arabia
Iranian tankers appear to be en route to Venezuela The United States has called for shipments between the two sanctioned countries to stop. United States
Iranian tanker on way to Venezuela despite US pressure The tanker passed through the Suez Canal on Wednesday. United States
Turkey’s intervention in Libya turns tide to Erdogan’s advantage, for now Ankara has thrown in its lot with the Government of National Accord for reasons that have more to do with its own interests than Libya’s. Turkey
