Oman is planning a 248-mile hydrogen pipeline network to connect green hydrogen production sites with industrial hubs and export terminals as part of its long-term clean energy strategy.
Kuwait is preparing a multibillion-dollar pipeline stake sale as Gulf states increasingly open midstream and infrastructure assets to foreign investors amid lower oil prices.
Syria and Jordan have signed a new gas supply agreement that will move up to 140 million cubic feet per day of natural gas through Jordanian infrastructure to help stabilize Syria’s power grid amid ongoing shortages.
Libya has signed a 25-year oil development agreement with TotalEnergies and ConocoPhillips, committing more than $20 billion in foreign investment to boost long-term production capacity and strengthen export infrastructure tied to the Waha system, according to government officials.
TotalEnergies and Bapco Energies have launched BxT Trading, a Bahrain-based joint venture focused on trading petroleum products and expanding Middle East market access.
Iraq’s oil exports are averaging 3.6 million barrels per day in January, with shipments from Kurdish fields contributing to flows after exports to Turkey resumed through the Ceyhan corridor.
ADNOC Gas has signed a $3 billion, 10-year LNG supply agreement with Hindustan Petroleum, expanding long-term gas exports to India and reinforcing Asia’s role in the company’s LNG growth strategy.
Iran now has the largest volume of crude ever stored at sea, as sanctions, shipping bottlenecks and weaker Chinese buying reshape global oil flows.
Saudi Aramco has lowered its February official selling price for Arab Light crude to Asia for a third consecutive month, signaling continued pressure on regional demand.
Egypt and Lebanon have signed an MoU to supply natural gas to Lebanon’s Deir Ammar power plant, leveraging Egyptian LNG infrastructure and regional pipeline routes to boost electricity generation.
Saudi Aramco has awarded SLB a five-year contract covering stimulation, well intervention, frac automation, and digital solutions to support the Kingdom’s large-scale unconventional gas development program.
Iraq said natural gas supplies from Iran have been fully halted, resulting in the loss of up to 4,500 MW of power generation and highlighting Baghdad’s reliance on cross-border gas imports amid ongoing U.S. sanctions pressure.
Iraq says international oil companies operating in Kurdistan remain obligated to deliver crude to SOMO under a September export deal, raising fresh questions about control of pipeline flows and export authority.
The move underscores Washington’s renewed leverage in Iraq’s energy sector and shifting regional power dynamics.
Eni has signed a 10-year LNG supply deal with Türkiye’s BOTAŞ, its first long-term agreement with the country. Starting in 2028, Eni will deliver 0.4 MMtpy of LNG annually as it targets 20 MMtpy in global capacity by 2030.
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