Middle East
Conflict tensions with Iran add new pressure to rising U.S. energy prices
Energy Professionals, an energy consulting firm in the United States, says the escalating conflict with Iran could add new pressure to already rising electricity and natural gas prices across the country.
Iran war causes major oil, gas disruptions
The U.S.-Israeli war on Iran and Tehran's attacks on Gulf neighbors have disrupted oil and natural gas exports from the Middle East and forced production stoppages.
Russia gets export boost from Iran war as price of oil to India surges
The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) supplies.
QatarEnergy offers 10 LNG tankers for lease amid production halt, soaring shipping rates
Qatari Energy Minister Saad al-Kaabi told the Financial Times it would take "weeks to months" to return to normal deliveries, even if the war ended today.
Charting the widening impact of the Iran crisis on energy markets
The repercussions of the ongoing U.S.-Iran war are being felt across the world, with U.S. fuel prices, European natural gas costs and Asian tanker freight rates all jumping sharply since strikes began at the weekend.
More tankers come under attack as U.S.-Iran conflict spreads in the region
Nine vessels have come under attack since the conflict broke out between the U.S., Israel and Iran on Saturday. Iran launched a wave of missiles at Israel early on Thursday and also sent drones into Azerbaijan
There is little U.S. LNG producers can do to immediately replace lost Qatari cargoes
While almost double the 10 Bft3d Qatar was forced to remove from the market on Monday after a wave of attacks, American export plants are running nearly full tilt with most cargoes locked into long‑term contracts.
Russia blames Ukrainian drones for attack on LNG ship in Mediterranean
If confirmed, it would be the first time that Ukraine has attacked a Russian LNG carrier.
Gas giant QatarEnergy throttles LNG supply by declaring force majeure
The move means global gas markets will experience shortages for weeks even in the unlikely scenario the conflict ends today, as Qatar supplies 20% of global liquefied natural gas.
Hormuz shutdown worsens after U.S. hits Iranian warship; tankers stranded for fifth day
The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralyzed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil and gas flows.
India eyes alternative energy supplies amid Strait of Hormuz disruption
Shipping through the Strait of Hormuz between Iran and Oman, which carries around a fifth of oil consumed globally as well as large quantities of gas, has ground to a near halt after vessels in the area were struck as Iran hit back after U.S. and Israeli strikes.
Iran war could reopen EU debate over Russian gas, Norway says
European gas prices have jumped 75% this week, hitting multi-year highs as hostilities in and around Iran have impacted gas exports from the Gulf.
Asia scrambles for LNG as Qatar halts output due to Iran war
Government officials and company executives in Japan, Taiwan, Bangladesh and Pakistan said they did not expect an immediate impact as some cargoes due this month had already arrived, but they would diversify their import sources and buy liquefied natural gas (LNG) from the spot market if the war drags on.
Austria plans to deepen cooperation with Abu Dhabi, minister says
Austria has had to radically overhaul its energy supply after depending for many years on Russian gas, and ended direct imports from Russia at the end of 2024.
Iran conflict disrupts Middle East oil, fuel, LNG
Fighting has damaged tankers and sharply reduced traffic in the Strait of Hormuz, a pinch point through which some 20% of global oil output and a similar share of liquefied natural gas transits via ships from Middle East producers.
Qatar LNG, Saudi refinery, Israeli oil, gas fields down due to Mideast strikes
Qatar halted its production of liquefied natural gas on Monday, as Iran continued to strike Gulf countries in retaliation for Israeli and U.S. strikes against it, prompting precautionary shutdowns of oil and gas facilities across the Middle East.
European gas prices soar as Qatar halts LNG production
Qatar, soon to cement its role as the world’s second largest LNG exporter after the United States, plays a major role in balancing both Asian and European markets' demand of LNG.
Aramco’s gas strategy builds momentum with major progress towards growth target
Start of production at Jafurah, the Middle East’s largest liquids-rich shale gas play, represents a historic milestone Tanajib Gas Plant, one of the world’s largest gas plants, commences operations Both projects reflect rapid progress in the growth of Aramco’s gas business, as company seeks to..
Aramco halts Juaymah LPG exports after propane, butane delivery system damage
Propane and butane deliveries scheduled from Juaymah for the next few weeks have been canceled, while the scope and duration of the impact remain under evaluation.
Caturus signs 20-yr LNG supply deal with Saudi Aramco
The U.S. has been working to cement its position as the world's biggest exporter of LNG, surpassing previous leaders Qatar and Australia.
UAE and Germany deepen energy ties as German Chancellor visits ADNOC HQ
The visit builds on the €14.7-B investment to support Covestro’s long-term growth as a German industrial champion by XRG, ADNOC’s international energy investment company, and underscores ADNOC’s central role in advancing the UAE-Germany strategic energy partnership.
RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
The strategic collaboration agreement between ADNOC and RWE sets out the framework to explore collaboration on LNG deliveries to Germany and other European markets, of up to 1 MMtpy of LNG for up to 10 yrs.
QatarEnergy signs 20-yr LNG supply deal with Petronas
Petroliam Nasional, or Petronas, is actively pursuing investments in new natural gas fields abroad and seeking partnerships with foreign firms to boost extraction, while seeking LNG import deals amid falling local reserves.
Japan-Qatar gas tie-up highlights global push for energy security
For Qatar, the deal is a strategic win that will help ensure it keeps pace with its biggest competitor, the United States.
IGS awarded GCC LNG contract for sour service pipe remediation
Project will see rapid deployment of HVTS® technology to internally clad 700+ meters of carbon steel pipe, avoiding costly shutdown at one of the world’s most advanced LNG production facilities Integrated Global Services has been awarded a contract by a major GCC LNG producer to deliver corrosi..
QatarEnergy secures long-term LNG supply deal with Japan's JERA as demand surges
The agreement, made on the sidelines of the LNG2026 conference in Doha, would bolster QatarEnergy's position in Japan as competition intensifies from U.S. suppliers and Gulf rivals United Arab Emirates and Oman, which offer more flexible terms.
ADNOC Gas to invest more than $20 B to raise gas processing capacity by almost 30%
ADNOC Gas will invest more than $20 billion to increase its gas processing capacity by almost 30% by 2029, its CEO Fatema Al Nuaimi said on Tuesday at the India Energy Week conference. ADNOC Gas is a subsidiary of Abu Dhabi's state oil giant ADNOC. Although the nation is steadily increasing alte..
Syria, Jordan sign gas supply deal to bolster Syrian power grid
The agreement builds on a broader energy arrangement signed last year to supply gas to Syria through Jordan, which is being financed by Qatar, part of regional efforts to ease Syria's acute power shortages after years of war and infrastructure damage.
Global LNG supply set to jump in 2026, limiting prices and spurring demand
This year marks the start of a large wave of supply that analysts expect to last until 2029, depressing prices that could drive more demand from emerging economies.
ADNOC Gas signs $3-B, 10-yr LNG deal with Hindustan Petroleum Corporation Limited
India is now UAE’s largest customer of LNG, 20% of LNG operated by ADNOC Gas will be supplied to India by 2029 $20 billion worth of LNG contracts signed in last 24 months between ADNOC Gas and Indian companies LNG agreement reinforces ADNOC Gas’ position as a reliable supplier of Indian energy ..
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
