ADNOC launches $80B low carbon energy company XRG: What we know XRG, which will operate separately to ADNOC, is expected to double its asset value over the next decade. United Arab Emirates
Turkey in talks for US sanctions waiver to pay for Russian gas The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector, including Gazprombank, the country’s largest lender yet to be designated by Washington. Turkey
Iran defense chief visits Venezuela, talks energy, trade: What we know Iran and Venezuela are working to repair oil ties after the reimposition of US sanctions on the South American country and the looming return of President Donald Trump to the White House. Iran
Turkey’s big plan to launch IPOs for state energy companies: What we know Turkey's financial recovery travails are likely to be the key reason for the change in energy policy. Turkey
Analysis What to make of Saudi-Iranian flurry of diplomatic activity, military channels? By Rosaleen Carroll In Washington, DC, US, reporting on the Middle East
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
Italy may impede Turkish-Azeri efforts for EU gas corridor Turkey and Azerbaijan realize EU's gas corridor dream, but serious questions remain unanswered. Turkey
Rapid spread of gas stations fuels controversy in Gaza Gas stations are increasingly being invested in under the degenerating economic and humanitarian situation in the Gaza Strip, pointing at conflicting interests between Gaza’s Ministry of Finance and Planning and the Ministry of Local Government. Palestine
Russia might not be ready for long-term OPEC commitment Saudi Arabia seems to think Russia is on board with a lengthy OPEC deal, but Moscow has a lot of factors to consider. Gulf
Erdogan stays silent on Qatar amid Cyprus gas row Amid an escalating dispute over gas exploration off Cyprus, observers in Turkey are perplexed about why Ankara is sparing Qatar while harshly reacting to other countries and companies cooperating with the Greek Cypriots. Gulf
Landowners waiting for next step in Jordan-Israel gas pipeline Members of the Jordanian Bar Association are readying lawsuits to challenge land expropriations for the construction of a pipeline for natural gas from Israel's Leviathan field. Israel
