Middle East
ADNOC to Divest 20% Stake in Gas Pipeline Assets
ADNOC has announced a 20% sale of its gas pipeline assets to the Abu Dhabi Pension Fund and a regional holding company, ADQ.
Azerbaijan's SOCAR Says Oil and Gas Infrastructure is Safe
State-owned Azeri energy firm SOCAR said on Tuesday that the country's oil and gas infrastructure was safe from the current military conflict taking place in the Nagorno-Karabakh region.
U.S. Tightens Waiver for Iraq Gas Imports from Iran
The United States has extended a sanctions waiver that enables Iraq to continue importing gas from Iran but this time granting a significantly shorter waiver period, Iraqi officials and the U.S. State Department said Thursday.
UAE, Israel Discuss Pipelines, Infrastructure for Gas Exports to Europe
The energy ministers of the United Arab Emirates and Israel discussed possible cooperation and investment opportunities, including natural gas exports to Europe, in a video call on Wednesday, an Israeli statement said.
East Mediterranean States Formally Establish Egypt-Based Gas Forum
Six Mediterranean countries signed a charter on Tuesday to formally establish a group that seeks to boost natural gas exports from the region.
Pipeline Conference To Explore Germany’s Hydrogen Grid
Join the inaugural Pipeline Opportunities Conference – EMEA (POC-EMEA) from your home or office on September 17 and gain insight into the ongoing challenges operators and service companies face in the region.
Terrorists Blamed for Pipeline Blast in Syria
An explosion on a main gas pipeline traversing the Middle East caused a blackout across Syria on Monday. Government officials said it was the result of a terrorist attack.
Kuwait's KIPIC Starts Operation of Gas Line Feeding Al-Zour
Kuwait Integrated Petroleum Industries Co (KIPIC) has begun operating the gas line that will feed its long-delayed Al-Zour refinery, state news agency KUNA said on Tuesday.
Israel Approves Pipeline Deal to Sell Gas to Europe
Israel has approved an agreement with European countries to build the Eastmed pipeline to supply gas to Europe from the eastern Mediterranean.
Iran's Oil Storage Almost Full as Sanctions, Pandemic Weigh
As U.S. sanctions and the coronavirus pandemic take its toll on Iran, the country has been forced to cut back its oil production due to a decreasing amount of storage.
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.
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