Middle East

Policy & Regulations , Liquefied Natural Gas (LNG) , Natural Gas , Hart Energy Exclusive , CERAWeek

Exclusive: The Politics, Realities and Benefits of Natural Gas

Replacing just 5% of coal-fired power plants with U.S. LNG — even at average methane and greenhouse-gas emissions intensity — could reduce energy sector emissions by 30% globally, says Chris Treanor, PAGE Coalition executive director.

April 19, 2024

Legislation , International , Crude Oil , Natural Gas

Renewed US Sanctions to Complicate Venezuelan Oil Sales, Not Stop Them

Venezuela’s oil exports to world markets will not stop, despite reimposed sanctions by Washington, and will likely continue to flow with the help of Iran—as well as China and Russia.

April 19, 2024

Crude Oil

Paisie: Crude Prices Rising Faster Than Expected

Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases.

April 19, 2024

Exploration & Production , Policy & Regulations

Iraq to Seek Bids for Oil, Gas Contracts April 27

Iraq will auction 30 new oil and gas projects in two licensing rounds distributed across the country.

April 18, 2024

Shale Plays , Natural Gas , Crude Oil

EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers

Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.

April 17, 2024

Highlights , Crude Oil

Tethys Oil Releases March Production Results

Tethys Oil said the official selling price of its Oman Export Blend oil was $78.75/bbl.

April 17, 2024

International

Yellen Expects Further Sanctions on Iran, Oil Exports Possible Target

U.S. Treasury Secretary Janet Yellen intends to hit Iran with new sanctions in coming days due to its unprecedented attack on Israel.

April 16, 2024

Deepwater , Field Development

Deepwater Roundup 2024: Offshore Europe, Middle East

Part three of Hart Energy’s 2024 Deepwater Roundup takes a look at Europe and the Middle East. Aphrodite, Cyprus’ first offshore project looks to come online in 2027 and Phase 2 of TPAO-operated Sakarya Field looks to come onstream the following year.

April 16, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (April 15, 2024)

While concerns about the stability of oil supply are increasing, Stratas Advisors does not expect oil supply to be disrupted – unless there is further escalation in the Middle East.

April 15, 2024

Acquisitions & Divestitures , Liquefied Natural Gas (LNG) , Investment

UAE's ADNOC Recently Eyed BP as Takeover Target, Sources say

The Emirati giant, Abu Dhabi National Oil Co., considered all options when looking at BP, including buying a big stake.

April 11, 2024