Free Top Stories
Strikes on Iran gas fields could force Turkey to ramp up LNG imports
Damage to Iran’s Asaluyeh gas processing facility in Bushehr province and part of the South Pars complex, after an Israeli missile strike on March 18, risks disrupting pipeline supplies to Turkey, potentially forcing Ankara to raise LNG imports.
US eases Venezuela oil sanctions as Iran war drives crude prices higher
The Trump administration has issued a sweeping new sanctions licence allowing US companies to trade directly with Venezuela's state oil company, as surging crude prices driven by the conflict with Iran push Washington to hunt for new sources of crude
Iran warns civilians near Gulf oil facilities to evacuate immediately, names Saudi, Qatari and UAE targets
Iran's IRGC orders civilians near Gulf oil facilities to evacuate and names specific targets in Saudi Arabia, Qatar and the UAE.
Egypt’s Petrojet secures $4.7bn pipeline contracts as it expands into new sectors
Egyptian oil services company Petrojet, the engineering and construction arm of Egypt’s petroleum sector, has secured contracts for future projects worth EGP 246bn ($4.7bn) through 2029, both domestically and internationally,
Turkish plastics industry hit by Middle East conflict as supply chains break down
Logistics and polymer input prices soar.
Israel strikes Iran's Asaluyeh gas complex, the country's largest gas processing facility
Israel strikes Iran's Asaluyeh gas processing complex in Bushehr for the second time.
UAE’s Fujairah port resumes some crude loadings after attack
The UAE’s port of Fujairah resumed some loadings of crude oil this week following a drone strike that caused fires across the facility.
Pakistan warns of post-April LNG gap as supplies start to dry up
Pakistan’s Senate Standing Committee on Petroleum has been warned that the country could face difficulties meeting gas demand in the power sector after April 14, as imported LNG supplies are set to lapse.
Hormuz tensions raise inflation and energy security risks for Africa, says senior investment analyst
A senior investment analyst examines how the ongoing Middle East military conflict and rapidly climbing oil and gas prices are affecting African economies, supply chains and cost of living.
Algeria boosts LNG exports as global supply disruptions reshape energy flows
Algeria’s liquefied natural gas (LNG) exports are surging amid escalating regional tensions and shipping constraints in the Strait of Hormuz
Rising oil prices threaten Tunisia’s economy amid Middle East tensions
Tunisia is increasingly exposed to the economic fallout of the ongoing Middle East tensions, mainly owing to the country’s reliance on imported energy.
India denies media reports of Iran tanker swap deal
New Delhi is navigating a delicate balance between its energy dependence on Gulf suppliers.
Turkey emerges as revived route for Iraqi oil amid Hormuz crisis
Baghdad accelerates revamp of long-idle pipeline puy out of action more than a decade ago by bomb attacks.
Philippines down to its last three weeks of fuel reserves, turns to Russia for help
The Philippines is currently navigating a perilous and largely overlooked period of economic vulnerability: its national fuel supply could run out in around three to four weeks if international imports don't arrive soon.
What has Iran hit so far?
A quick overview of what we know Iran has actually hit in this war — and the strategy that appears to be emerging.
Russian power entities appear plagued by financing troubles in Central Asia
Chinese firms stepping in.
Hormuz crisis raises wider risks for Turkey far beyond oil prices, says policy brief
As well as an energy bill nightmare, country faces triple whammy in industrial production, agriculture and logistics.
Europe buys Russia’s entire share of Yamal LNG exports in February
Europe bought every single shipment of LNG produced by Russia’s Yamal LNG plant in February -- first time since April 2018 that the EU accounted for 100% of exports from the Arctic facility.
INTERVIEW: Taiwan’s TSEC CORPORATION – mover and shaker in the nation’s solar sector
A leading name in the Taiwanese solar sector, TSEC has seen its valuation on the Taiwanese exchange skyrocket in recent months.
Eni announces two gas discoveries in offshore Libya
Italian energy major Eni announced two new gas discoveries south of its producing Bahr Essalam field in offshore western Libya, while also progressing with the country’s first deepwater exploration well alongside its partner BP.
Sri Lanka declares weekly fuel holiday
Sri Lanka has designated every Wednesday a public holiday to conserve fuel as the country confronts the risk of supply shortages.
Follow us online