UAE battles tanker oil spill as war's environmental toll mounts Gulf oil spills have become more frequent since the beginning of the US-Israel-Iran war on Feb. 28. United Arab Emirates
Qatar locks in US LNG through 2054 as it looks beyond Hormuz The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054. Qatar
Gulf oil exports surpass prewar levels despite escalating tanker attacks According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Analysis As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege? By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How much oil can cushion another Middle East supply shock? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iran, Oman to jointly develop oil field Iran's president is in Muscat seeking increased cooperation with Oman on energy and transportation. Iran
Qatar seeks to export natural gas to Germany by 2024 Germany wants Qatari gas as an alternative to Russia’s due to the invasion of Ukraine. Legacy: Gulf
Affiliate of Abu Dhabi oil company to list on stock exchange Borouge is ADNOC’s joint venture with Austrian petrochemical firm Borealis AG. United Arab Emirates
Iraqi Kurdistan government denies taking control of oil fields in Kirkuk An oil company run by the Iraqi Ministry of Oil alleged that the Kurdistan Regional Government’s forces took over some oil fields in the disputed northern province. Iraq
Ukraine war drives more traffic to Egypt's Suez Canal, increasing revenues Although Egypt is being adversely affected by the war in Ukraine, the Suez Canal is benefiting greatly from Western countries sailing into the Gulf in search of oil. Egypt
Kurdistan officials concerned about PKK, Iran and energy sector High-ranking officials from the Kurdistan Region of Iraq have voiced concerns over the lack of effective collaboration from Baghdad and risks to security from the presence of the PKK. Iraqi-Kurdistan
Russian ambassador to Iraq: ‘No objections’ to Kurdistan Region exporting gas to Europe Elbrus Kutrashev spoke to the Kurdish news outlet Rudaw about plans to export natural gas from the autonomous part of northern Iraq to Europe in response to the war in Ukraine. Iraq
OPEC+ alliance endorses slight increase in oil production Saudi Arabia, the UAE and other have largely resisted US calls to boost production but settled on a marginal increase today. Legacy: Gulf
Bulgaria looks to Turkey for help with gas shortage Russia has cut gas exports to Bulgaria, leaving Sofia looking to Ankara, which has some tough decisions to make. Turkey
Israeli cybersecurity firm protects gas transfers between Poland, Lithuania Waterfall deployed its system to the eastern European countries in response to the war in Ukraine. The move comes at a low point in Israel-Russia relations. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
IMF: Oil producers better prepared for Ukraine-related economic downturn The International Monetary Fund’s report also highlighted currency depreciation in Egypt, economic effects of the war in Yemen and Jordan’s fledgling tourism sector. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Italy's ENI to tap North African gas for Europe Europe’s race to reduce its energy dependence on Russia has put the spotlight on Algeria, Egypt and Libya, but their capacity to boost exports in the short term is limited and any significant increase would require large investments and stability. North Africa
