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
Middle East state oil firms ‘should set the tone’ for lowering emissions at COP28, IEA says Chief energy economist Tim Gould said it was “a legitimate expectation that these companies should be doing more” to support the clean transition. United Arab Emirates
Oil & gas industry must not hide behind carbon capture 'illusion,' says IEA Some of the major carbon emitters have ambitious plans to capture greenhouse gases, but those alone won't be enough to help the planet avert a climate crisis, the agency warned. United Arab Emirates
Business & Tech Briefing: Dubai gears up for COP28 By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis What does US envoy Hochstein’s trip to Israel mean for Gaza’s offshore gas? Gaza’s offshore gas field could provide revenue to the Palestinians, but the estimated amount of gas in the area is relatively small. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
What’s behind crash of Middle East diesel exports to Europe? The Middle East is now considered a key source of diesel and other types of fuel for Europe after the European Union sanctioned Russia for its invasion of Ukraine in 2022. Legacy: Gulf
Iraqi FM says unless US stops Israel, conflict in Gaza will 'burn all of us' Foreign Minister Fuad Hussein worries that the conflict in Gaza will drag on and expand beyond Israel’s borders. Iraq
Chevron resumes gas supplies from Israel’s Tamar field after Gaza war halt The US energy giant was ordered to shut down the field for security reasons after the outbreak of the Israel-Hamas war. Israel
Saudi Arabia to sign more than $500M in deals with African countries Saudi Investment Minister Khalid Al-Falih said the kingdom’s sovereign wealth fund, the Public Investment Fund, will make some “game changing” investments in Africa. Saudi Arabia
Iraq and Turkmenistan make progress toward deal to transport gas via Iran Iraq, currently dependent on Iran for gas and electricity, is seeking to develop its own gas supply as well as import gas from Turkmenistan. Iraq
Analysis Inside ADNOC's and Carbon Clean's plan to capture CO2 on mass scale The British company's new project with the UAE energy major is hoping to address those skeptical about the cost, efficacy and viability of carbon dioxide capture as a climate solution. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Oil prices rise after Saudi Arabia, Russia extend output cuts The Kingdom has maintained its oil output cut of 1 million barrels per day since July in an attempt to stabilize the market and prop up prices amid weakened demand. Saudi Arabia
Saudi Aramco, QatarEnergy, UAE’s Emirates among Fortune Arabia top 10 The list of 500 companies from 22 Arab countries posted around $1.6 trillion in revenues in 2022, yielding a net profit of $343 billion. Saudi Arabia
