Analysis New nuclear deal is no silver bullet for Iran's untapped gas reserves Iran has an estimated 32 trillion cubic meters of natural gas reserves, but it has been unable to exploit them under the weight of international sanctions. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis Why IRGC’s shadow empire is set to endure even as Iran’s economy spirals With the ability to operate clandestinely, the Islamic Revolutionary Guard Corps wields significant power across Iran's most important sectors — insulating the organization from current economic turmoil, according to experts. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Syria to develop first offshore oil, gas field with US’s Chevron, Qatar’s UCC In 2013, Russian firm Soyuzneftegaz signed a deal to explore for oil and gas in Syrian waters, but the project was dropped two years later due to the civil war. Syria
Kuwait to open offshore oil, gas fields to foreign firms: What to know The Gulf country and OPEC member has made significant oil and gas discoveries since 2023. Kuwait
Pacts between Libya, Turkey raise tensions with Egypt Egypt's criticism of Libya's internationally recognized government is mounting in light of the latter's maritime and security agreements with Turkey. Egypt
Egypt flexes muscles in Mediterranean after Libyan-Turkish agreement Egypt has conducted extensive military drills in the Mediterranean in a clear response to and a show of strength against the maritime agreement between the Libyan Government of National Accord and Turkey. Egypt
Congress sides with Cyprus against Turkey as eastern Mediterranean heats up Congress just passed two bills siding with Cyprus in its territorial and natural gas dispute with Turkey. Turkey
Turkey’s energy miscalculations have hefty cost More than a third of Turkey’s installed power capacity remains idle after an ill-calculated rush for energy that has had a hefty financial and environmental cost. Turkey
Residents in northeast Syria brace for winter as oil smugglers thrive While Deir ez-Zor is shipping oil other places thanks in part to a man named Hyena, many of its residents are suffering from poverty and the cold. Syria
Turkish-Libyan security, maritime deals spike tensions Agreements between Turkey and Libya sparked anger among stakeholders in the Libyan civil war and in maritime drilling in the Mediterranean Sea. Turkey
Israel to begin exporting gas to Egypt next month In just a few weeks, Egypt should be receiving natural gas from Israel's Leviathan field. Egypt
Pressure mounts against importing Israeli gas to Jordan While Jordan is expected to start receiving natural gas from Israel in a matter of weeks, demands that the government cancel the deal are growing. Israel
PA turns to Russia in a bid to break from US sponsorship As part of its efforts to economically disengage from Israel, the Palestinian Authority seeks to establish bilateral relations with Russia in the energy field. Palestine
What is the fate of Baghdad-Erbil’s oil-for-budget agreement amid ongoing protests? Iraqi political sides vow to block a recent oil-for-budget agreement by Iraq’s caretaker government with the Kurdistan region. Iraq
Democratic leader pours cold water on Tulsi Gabbard’s bid to force Syria withdrawal The House’s No. 2 Democrat dealt a major blow to Tulsi Gabbard’s effort to force President Donald Trump to pull the remaining US troops out of Syria. Syria
Turkey sees greater partnership with Qatar than is apparent Turkey's commercial gains from its partnership with Qatar have been modest and the media fanfare over fresh bilateral accords is hard to comprehend. Saudi Arabia