Algeria's Sonatrach latest foreign oil major to resume Libya drilling Libya has Africa’s largest proven oil reserves, with approximately 48.4 billion barrels, but political instability had led international energy firms to avoid it for more than a decade. Algeria
Egypt discovers 18 oil, gas wells as Cairo looks to up energy output The discoveries support the government's ambition to increase Egypt's domestic energy supply. Egypt
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 By Samuel Wendel In Washington, DC, reporting on regional business and tech
Will US sanctions sway Iran to enter oil deal with Russia? Iranians in general do not trust Russia, but their government may be looking into various oil deals with Moscow to work around US sanctions. Russia
Khashoggi killing undercuts Trump campaign against Iran The US campaign to convince the world to cut off Iran has taken a hit two weeks before oil sanctions are set to kick in. Saudi Arabia
Saudis skeptical about Russia's oil production prospects Saudi Arabia's projection that Russian oil production will dwindle significantly triggered a backlash in Moscow, which says it has options up its sleeve that will prove Riyadh wrong. Saudi Arabia
Egypt expected to become regional gas hub The Egyptian government has recently announced that the country stopped importing liquefied natural gas and managed to achieve self-sufficiency thanks to the Zohr gas field, raising hopes that Egypt would become a regional gas trading and exporting hub. Egypt
Cyprus deal to turn Egypt into major gas exporter to Europe Egypt is hoping to rely less on natural gas imports after signing a deal with Cyprus to transport gas from the small Mediterranean island before it is liquefied in Egypt for exporting to European countries. Egypt
Will Iraq comply with US-imposed Iran sanctions? Iraq is willing to abide by US sanctions against Iran, according to Prime Minister Haider al-Abadi, yet pro-Iranian parties and militias slammed Abadi, calling for support for Iran against these sanctions. Iraq
Cairo breathes sigh of relief as Saudi oil exports resume through Bab el-Mandeb Saudi Energy Minister Khalid Falih announced that his country resumed oil exports via the Bab el-Mandeb Strait, amid Egyptian fears that a decrease in traffic in the popular shipping corridor could impact Suez Canal revenues. Saudi Arabia
Will Russia, Iran dash Turkey's hopes of becoming energy corridor? The recently signed Caspian protocol between the Caspian littoral states means that Iran and Russia can thwart Turkey’s hopes of transporting Turkmen gas and Kazakh oil via Turkey to Europe. Turkey
Will Iran, Russia step up energy cooperation to blunt US sanctions? Amid rising US pressure, Tehran and Moscow might be on the cusp of a new era of economic cooperation, particularly in the energy sector. Russia
Egypt to build $11 billion petrochemical complex As Egypt invests in refining crude oil at home, domestic fuel prices continue to rise. Egypt
Floating oil island will handle Iraq's expected spurt in exports Now that OPEC has approved an increase in oil production, Iraq expects to boost its exports significantly, and to accommodate that increase, South Oil Co. will develop a floating oil island. Iraq
Saudi crown prince, Putin boost energy cooperation in Moscow meeting The recent meeting between the Russian president and the Saudi crown prince appears to have moved the two countries closer to a grand bilateral energy deal. Saudi Arabia
