Hydrogen dreams meet reality as oil and gas groups abandon projects on.ft.com/48wm8M5

Ahmed Mufti, deputy minister at the KRG’s natural resources ministry says that there is NO gas field in KRG that can meet the needs of federal Iraq and Iraq would need to continue to import from other sources. (He is hinting at Iraq’s imports of Iranian gas) #OOTT #KRG

New🇰🇿: #Kazakhstan's energy ministry today said steps are being taken to divert some Kazakh crude to other destinations following last month's drone strike on the CPC terminal on Russia's Black Sea coast. The ministry is working with shippers to redistribute oil volumes,

Despite this significant escalation of US pressure on #Venezuela, Brent crude prices extended their losses today. The question now is whether these US military seizures will become routine, effectively enforcing an oil blockade on the Maduro regime. If so, the impact on markets

New🇪🇬: Abu Dhabi-listed Dana Gas today reported a gas discovery in Egypt's onshore Nile Delta at the North El-Basant-1 exploration well, with initial reserves estimated at 15bn–25bn ft³. "Output from the well is expected to exceed 8mn ft³/d once tied into the national grid," the

Why is this important? #Egypt’s gas production in recent years has been retreating turning Cairo into a net LNG importer and straining the country’s economy and foreign reserves. New drilling and exploration could help it to return to being a net exporter. #ongt

New🇮🇶: Norway-based upstream producer DNO ASA said today it will restart drilling at its Tawke licence in #Iraq's semi-autonomous #Kurdistan region, with the aim of adding 25pc to production there. Drilling at Tawke, which includes the Tawke and Peshkabir fields, has been paused

📰 𝗣𝗿𝗲𝘀𝘀 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 | 𝗔𝗿𝗴𝘂𝘀 𝗹𝗼𝗼𝗸𝘀 𝗮𝘁 𝘁𝗵𝗲 𝘀𝘁𝗿𝗲𝘀𝘀𝗲𝘀 𝗶𝗻 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝗶𝗲𝘀 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗳𝗼𝗿 𝟮𝟬𝟮𝟲 Argus’ Energy and Commodities Horizon 2026 highlights 10 major themes shaping global markets — from sulphur shortages, oil surpluses and

أعلنت شركة دي إن أو إس إيه، وهي شركة إنتاج نفطية مقرها النرويج، اليوم أنها ستستأنف عمليات الحفر في حقل طوكي التابع لها في إقليم كردستان العراق شبه المستقل، بهدف زيادة الإنتاج بنسبة 25%. Bachar EL-Halabi | بشار الحلبي

Europe is bowing at the altar of American LNG 🇪🇺🤝🇺🇸 The European Union plans to simplify ways for US exporters of LNG to comply with methane emission requirements (The EU depends a lot more on US LNG since losing Russian pipeline gas) bloomberg.com/news/articles/…

This is good news for Kurdistan, Iraq, and the wider Arab world. Mr. Barham Salih is a great addition to the United Nations.

Regional connectivity 🇦🇪🇮🇶: #UAE’s DP World has launched a new weekly, 36-hour maritime service between Dubai’s Mina Rashid and #Iraq’s Umm Qasr port, providing a faster alternative to overland trucking and accommodating up to 145 accompanied trailers per sailing. The dedicated

Update🇺🇸🇻🇪: Media reports are now suggesting the US is preparing to intercept more tankers transporting Venezuelan oil, as Washington increases the pressure on the regime of president Nicolas Maduro. "We're not going to stand by and watch sanctioned vessels sail the seas with

Speaking to Argus Media, TankerTrackers.com, Inc.' chief executive Samir Madani said, "there are 37 undeparted OFAC-designated tankers currently in #Venezuela." "Maybe one or two departed recently, but that's the ballpark for now, at least," he added. #oott

A window of opportunity for reform in Lebanon (both security and financial) is closing fast, in part because everyone is on a different timetable. The PM wants to move faster than the president; MPs already have their eyes on elections in the spring. economist.com/middle-east-an…

Former US Biden administration ambassador to #Israel Dan Shapiro, after a trip to Riyadh, weighed in on the prospects of 🇮🇱🇸🇦 normalization. He said Saudis won’t budge before Israeli elections, in order not to tilt the electoral scales. He also said that the Saudi Crown

Here’s the thing though, #SaudiArabia’s pace of development wouldn’t preclude a major geopolitical decision… if anything, it has often enabled it. Reminder: normalization was seen as another piece of the Vision 2030 (and beyond) regional puzzle. MbS openly spoke about it on

New🇺🇸🇸🇾: Two US troops and one US civilian were killed, and three service members were injured, today as a result of an ambush in Palmyra, #Syria. The attack was conducted “by a lone ISIS gunman,” U.S. Central Command said.