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
Trump administration scrambles to salvage US troop presence in Syria President Trump says he would leave some US troops in Syria to keep the Assad regime and Iranian forces away from oil fields; the Syrian Democratic Forces commander speaks with both Trump and the Russian army chief of staff. Iraq
Pentagon guardianship of Syrian oil fields faces pushback For days now, despite Turkish forces jeopardizing a fragile US-brokered cease-fire in northern Syria, President Donald Trump has insisted that American forces have secured oil fields liberated from the Islamic State. Syria
Does Egypt really have gas self-sufficiency? Despite the frequent announcements by Egyptian Minister of Petroleum and Mineral Resources Tarek el-Mulla of achieving self-sufficiency in natural gas and halting imports, in addition to the completion of the phases of operation of Zohr field, Cairo's continued import of Israeli gas stirred confusion. Egypt
Will re-pricing natural gas cast positive shadow over Egypt's industry? The Egyptian government recently decided to amend prices of natural gas used in industries, subject to changes depending on world market prices. Egypt
Going it alone: Saudi Arabia’s economic realities after oil attacks The energy sector is Saudi Arabia's lifeline, but it is more often a honey pot of domestic spending than a resource for future development. Saudi Arabia
Kurdish leaders support Iraq's embattled prime minister The Iraqi Kurdistan government is trying to calm protesters' demands for the central government's prime minister to be removed. Iraq
What did Lavrov discuss in Baghdad and Erbil? Russian Foreign Minister Sergey Lavrov visited Iraq to discuss a broad range of issues, with economy and security dominating the agenda. Iraq
Chinese energy giant bids farewell to $5 billion Iran project In what could be seen as yet another blow to Iran's sanctions-hit economy, China's state oil company has withdrawn from a major multibillion-dollar deal in the country's south. United States
Iraq, China launch 'oil for reconstruction' agreement Baghdad has forged a 20-year deal to supply Beijing with oil in exchange for Chinese investments in projects to repair Iraq's war-damaged infrastructure. Iraq
Baghdad sends delegation to Erbil to resolve disputes Baghdad sent a delegation, headed by President Barham Salih, to the Iraqi Kurdistan region to discuss the budget, oil and other contentious issues. Iraq
Palestinians hope to import Iraqi oil, become more energy independent Palestinians are inching closer to the possibility of being able to import Iraqi oil to Jordan and have the Jordan refinery convert it to local products that can pass Israeli inspection. Palestine
Does Russia benefit from attack on Saudi oil facility? The attacks on Saudi oil production facilities may bring Russia some short-term benefits, but the picture becomes more complicated in the long run. Legacy: Gulf
