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 faces skepticism from allies amid troop deployment The Donald Trump administration will deploy a fresh detachment of US troops to Saudi Arabia after blaming Iran for an attack against a major oil production facility just days ago. Saudi Arabia
Israel to start exporting natural gas to Egypt as last obstacle is removed An agreement was recently signed allowing the Egyptian Eastern Mediterranean Gas company to use the Eurasia-Israel pipeline, which would allow the resumption of natural gas exports to Egypt. Egypt
Iran denies involvement in Saudi attacks Iranian analysts believe the United States and Iran are not headed toward conflict after the attacks on Saudi Arabian oil facilities. Saudi Arabia
Intel: Why Russia boosts Iran even as Tehran pares nuclear deal commitments Despite their differences on Syria, Russia needs a stronger Iran as its partner. Russia
Will rancor or realism prevail in Turkish-Israeli ties? While there continues to be a large political gap between Turkey and Israel, economic ties continue to be strong despite the lack of a gas pipeline deal. Israel
Saudi Arabia selling the Aramco IPO, yet again Saudi Arabia is again preparing an initial public offering, but would a deal with China be better? Saudi Arabia
What’s behind the Egypt, Cyprus rapprochement? Egypt, Greece and Cyprus have been taking steps to get closer to one another, culminating their rapprochement with the Eastern Mediterranean Gas Forum that would obstruct the Turkish drilling for gas in the Cypriot Exclusive Economic Zone, according to observes. Egypt
Zarif says foreign ships making Gulf 'less safe' Iranian officials continue to push back against the naval presence of the United States and United Kingdom in the Persian Gulf. United States
Can Iran combat corruption in petroleum sector? Iran is showing a greater transparency about corruption, perhaps in part because of the problems caused by sanctions, but has a long way to defeat this scourge. Iran
PA mulls over importing fuel from Iraq The Palestinian Authority weighs its options to import fuel from Iraq through Jordan as a step toward economic disengagement from Israel, but will the Paris Protocol allow it to do so? Palestine
Why US companies seek role in Egyptian oil sector The Egyptian oil and natural gas market is witnessing a significant expansion of US companies and although some observers are concerned about this expansion, most agree that this reflects the stability and neutrality of the Egyptian market and is in its favor in the near and long terms. Qatar
Turkish muscle flexing in Mediterranean rekindles Cyprus peace efforts Turkey's aggressive behavior in the Eastern Mediterranean over drilling for gas has focused the minds of Greek and Turkish Cypriot leaders on getting back to the negotiating table. Turkey
