Oil and gas

Iran reintroduces fuel cards to combat smuggling

The Iranian government’s reintroduction of fuel cards has the potential to increase efficiency in governance and economy. However, it is important that the government pursue a comprehensive plan to rationalize fuel consumption, subsidies and cash handouts.

Iran

Intel: How Russia, Iran are facilitating illicit oil shipments to Syria (according to the US)

Syria

Putin, Erdogan boost Russia-Turkey ties with TurkStream

Putin, Erdogan are all smiles in Istanbul marking the end of construction of the offshore section of the TurkStream. The megaproject seeks to boost the relations and change Eurasia's energy market.

Turkey

Turkey’s oil-and-gas drilling ship sails into eastern Mediterranean

Turkey announced the launch of an oil-and-gas drilling ship in the eastern Mediterranean amid tensions with several regional countries, including Egypt and Cyprus, over the energy wealth there.

Egypt

Iran’s plan to sell oil on local energy exchange could boost economy

Iran’s plan to develop an alternative channel to monetize its oil through a local energy exchange faces many obstacles but holds real potential of boosting domestic capacities.

Iran

Iraq halts oil exports to Iran as new US sanctions begin

Iraq has announced that it will stop the export of oil to Iran from Kirkuk fields to abide by the new wave of US sanction on Iran imposed Nov. 5.

Iraq

Militarization of Mediterranean rises with exploration disputes

Diplomatic attempts to resolve disagreements over energy exploration in the eastern Mediterranean haven't worked so far, and the situation is becoming more and more militarized.

Turkey

Iraq working to make money, not burn it up in gas flares

Iraq is making progress on its project to capture the potentially lucrative gas associated with oil extracted from its southern fields, which it has been burning off for decades.

Iraq

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