Search results

Iran’s gas sector faces new US sanctions risks

Location:

IRAN

US sanctions have already impeded payment in hard currency, and Washington’s waivers allowing continuation of the trade may end in February. Exports to Turkey and Iraq have helped…

US-Middle East alignment unlikely

Location:

UNITED STATES/MIDDLE EAST

He will meet Israeli and Palestinian leaders and top officials from Gulf Cooperation Council (GCC) members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates…

Iraq to boost oil and gas, but not end Iran reliance

Location:

IRAQ

The government is pressing ahead with key developments in the energy sector. These include attempts to boost electricity supply and reduce dependence on Iranian gas and power.

Vostok Oil project will define Russia’s oil future

Location:

RUSSIA

Vostok is expected to produce 2 million barrels per day (b/d) by 2030, with all exports going via the strategically important Northern Sea Route (NSR). The Kremlin hopes it will…

Criticism will mount ahead of the Emirati-hosted COP28

Location:

UAE

The move is the latest of the UAE’s attempts to portray itself as a supporter of action against climate change ahead of its hosting the COP28 global climate summit. Climate change…

Abu Dhabi's international expansion will increase

Location:

ABU DHABI

The deal was the company’s fourth overseas gas deal as part of its international strategy to diversify its revenue streams from domestic oil production to equip it better to…

Cuban oil politics may strengthen US rapprochement

Location:

CUBA

The December 17, 2014 announcement US President Barack Obama and his Cuban counterpart Raul Castro of Cuba of plans to normalise relations between Washington and Havana after more…

Qatar will expand its LNG output at home and abroad

Location:

QATAR

State-owned QE is expanding its foreign hydrocarbon portfolio taking advantage of high gas revenues. It is also expanding its domestic liquefied natural gas (LNG) capacity…

Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

Venezuela's oil outlook is modest despite tailwinds

Location:

VENEZUELA

Higher oil prices, enhanced sanctions evasion and imported Iranian 'diluents' (liquids used to dilute heavy crude) allowed for a resurgence of Venezuelan oil exports and…