Saudi Pipeline Attacks Generate Heightened Oil Market Volatility
Last week’s attacks on Saudi Arabia’s East-West crude oil pipeline caused prices to spike as markets digested the impact of its outage. Date...
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UAE State Energy Firms Plan Increased Cooperation With Germany
The UAE and Germany signed a slew of deals worth more than $11bn during a recent state visit. This included preliminary deals for LNG, chemi...
Israel Gas Review Preserves Export Flexibility
Israel’s latest gas-policy review recommends maintaining stable domestic retention requirements, and preserving export flexibility as the go...
Libya: Petroleum Guards End Hamada Shutdown
Oil flows from Libya’s western fields to the 120,000 b/d Zawiya refinery have resumed after a brief disruption by petroleum guards protestin...
‘Major Milestone’: OMV Libya Discovery Exceeds Expectations
Austria’s OMV has revised up its assessment of the ‘Essar’ discovery in Libya’s Sirte Basin, just two months after declaring its commercial ...
Iraq Preps For 2027 LNG Imports, Plans Second FSRU
Iraq has yet to start importing LNG, but is already lining up a second FSRU deal with Total. Imports are planned to start next summer, throu...
Qatar’s Budget Deficit Largest In Nearly A Decade
The Hormuz crisis has caused Qatar’s LNG sector to slow to a trickle. The sharp drop in revenues caused the deficit to balloon to a near-dec...
Saudi Energy Sector Squeezed By Pincer Attack
Saudi Arabia’s worst-case scenario is being realized six months into the regional conflict. Direct Iranian attacks on shipping have constrai...
Kar Enlists Omani Operator For Iraq’s Ajeel
Iraq has awarded a development contract for the northern Ajeel field. Kurdish company KEPPT has brought an Omani partner to operate the fiel...
Export Premium Lifts Q2 Israel Gas Revenues
Higher-priced exports drove a sharp rise in Israel’s Q2 gas revenues, while stronger Leviathan cash flow and NewMed’s $581mn bond are helpin...
Israel Gas Output Hits Q2 Record After Pipeline, Field Expansions
Additional export pipeline capacity allowed Israel’s gas output to reach a Q2 record, rebounding sharply from the conflict-related lows of t...
Egypt-Sudan Power Link Upgrade
Egypt and Sudan have increased the capacity of their cross-border electricity interconnection from 50MW to 75MW (80MWp), the Sudanese energy...
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