Middle East

UAE’s BPGIC to Expand Storage Facilities

The United Arab Emirates’ Brooge Petroleum and Gas Investment Co (BPGIC) said on Wednesday that it was moving ahead with its oil storage expansion plans as there has been a limited impact from the coronavirus pandemic on the company's operations.

Abandoned Oil Tanker off Yemen Coast at Risk of Exploding

An abandoned oil tanker less than four miles off the Yemeni coast is at risk of exploding releasing more than a million barrels of crude oil into the Red Sea according to UN officials.

Investors Raise $7.96 Billion Loan for ADNOC Pipeline Deal

A group of investors has signed a nearly $8 billion loan to help finance a $10 billion gas pipeline investment with the state-owned Abu Dhabi National Oil Company.

Iraq Agrees on Deeper Output Cuts in June — Sources

Iraqi officials said the country has agreed with the operators of its major oil fields to comply with production cuts agreed upon by OPEC+ earlier this month.

Bidders for ADNOC Gas Pipelines in Talks for $8 Billion Loan: Sources

U.S.-based Global Infrastructure Partners is heading a consortium of buyers looking for up to $8 billion in financing to invest in ADNOC natural gas pipeline assets.

Iran: 'Terrorist' Attack on Gas Pipeline Halts Exports to Turkey

Iran said on Tuesday its natural gas exports to Turkey have stopped after an attack on a pipeline inside the neighboring country

Saudi Arabia Plans to Boost Oil Exports to 10.6 Million Bpd from May

Saudi Arabia is planning to increase its oil exports to 10.6 million bpd beginning in May.

UAE's SNOC Gas Project Startup Delayed

UAE's SNOC has announced that it's Mahani gas project startup is being delayed by 2 months due to the coronavirus pandemic.

BlackRock Withdraws Bid for ADNOC Gas Pipeline Assets — Sources

Sources report that investment firm BlackRock has dropped out of the bidding for ADNOC's gas pipeline assets.

Saudi Aramco Launches Largest Shale Gas Development Outside U.S.

Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.

Qatar Delays Natural Gas Partnership Expansion Amid Price Collapse — Sources

Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said.

Israel's Leviathan Gas Group Seeks Partners to Expand

The energy companies that own Israel's offshore Leviathan gas field are seeking partners to build a floating liquefied natural gas (FLNG) platform and possibly to explore for oil in ultra-deep water, a CEO from the group said.

U.S. Gives Iraq Sanctions Waiver for Iranian Gas Imports

The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies, two Iraqi officials said on Wednesday.

Qatargas Signs Long Term SPA to Supply LNG To Kuwait

Qatargas has announced the signing of a new, long term Liquefied Natural Gas (LNG) Sale and Purchase Agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to the State of Kuwait, commencing this year.

TechnipFMC Tells Energean Virus may Delay FPSO Project

Gas producer Energean said on Thursday it had been told by TechnipFMC, which is building a vessel it needs to begin Israeli offshore production, that the coronavirus was a force majeure event.

Air Liquide Pumps Hydrogen to Saudi Aramco in Shift From Oil

Air Liquide Arabia on Tuesday began pumping hydrogen through its $400 million pipeline network in Saudi Arabia’s Red Sea city of Yanbu and will supply a Saudi Aramco refinery as the kingdom seeks to shift towards cleaner fuel.

Qatar Rejects India Proposal to Delink LNG Deals from Crude

India wants Qatar to delink the price of its imported gas from that of oil under long-term deals to make supplies cheaper, India's oil minister said, but Qatar isn't interested in renegotiating.

Militants Bomb Underwater Pipelines in Syria

Militants sent divers to plant explosives on underwater crude oil pipelines in an attack on Syria's Banias refinery near the Mediterranean coast, the country's oil ministry said.

Iran Building Oil Pipeline to Terminal Outside Gulf

Iran is building a $1.8 billion oil pipeline to its port of Jask outside the mouth of the Gulf, the country’s oil minister said, as part of plans to protect its exports against potential problems in the region and to boost shipments of Caspian oil.

Jordanians Protest Israeli Gas Deal

Hundreds of Jordanians demonstrated in downtown Amman on Friday, calling on the government to cancel an agreement in which Israel began pumping natural gas to the kingdom this year.

Israel Starts Exporting Gas to Egypt under Landmark Deal

Israel began exporting natural gas to Egypt on Wednesday under one of the most important deals to have been signed by the neighbors since they made peace decades ago.

Qatar to Supply Kuwait with 3 Million Tons of LNG a Year

State-run Qatar Petroleum (QP) said on Sunday it had signed a 15-year agreement to supply Kuwait with up to 3 million tons of liquefied natural gas (LNG) per year.

Greece, Israel, Cyprus Sign EastMed Gas Pipeline Deal

Greece, Cyprus and Israel on Thursday signed a deal to build an 1,180-mile (1,900-km) subsea pipeline to carry natural gas from the eastern Mediterranean's rapidly developing gas fields to Europe.

Jordan Gets First Natural Gas Supplies From Israel

Texas-based Noble Energy has begun pumping the first supplies of Israeli gas to Jordan, Jordan's National Electricity Company (NEPCO) said on Wednesday, amid opposition in the Middle Eastern kingdom.

Israel Gets First Gas from Leviathan; Exports to Follow

Israel's $3.6 billion offshore Leviathan field started production on Tuesday, transporting gas via a subsea pipeline connected to Israel's transmission system and on to consumers throughout the country.

Cyprus, Greece, Israel to Sign EastMed Pipeline Deal on Jan. 2

The leaders of Cyprus, Greece and Israel plan to sign an agreement early in the new year for the building of the eastern Mediterranean natural gas pipeline, the Greek prime minister’s office announced Sunday.

Egypt to Begin Gas Imports from Israel by Mid-Jan 2020

Egypt will begin importing natural gas from Israel by mid-January 2020, Israeli Energy Minister Yuval Steinitz told Israel Radio on Sunday.

Syria says Possible Drone Attacks Hit 3 Oil, Gas Facilities

Near-simultaneous attacks believed to have been carried out by drones hit three government-run oil and gas installations in central Syria, state TV and the Oil Ministry said Saturday.

Leviathan Gas Field to Start Up Monday; Court Lifts Injunction

Israel's energy ministry gave its final approval for the start of production at the giant Leviathan gas field and said the wells will open early on Monday after a court lifted a temporary injunction granted over environmental concerns.

Energy Firms Fight Surprise Court Order Blocking Leviathan Gas Output

Companies developing the huge natural gas field Leviathan will try to convince an Israeli court to remove an injunction that threatens to delay production due to environmental concerns.

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