Upstream investment in the Middle East will fall this year due to the regional conflict, the latest IEA forecasts show. MEES examines how the impact could vary across the region. https://t.co/kJiM2V8GI2
Is a new era emerging for East Med gas? A changing of the guard is underway in the Eastern Mediterranean, as BP discusses selling its directly-held Egypt assets. Meanwhile Cyprus is moving towards first gas, with development plans approved for the Cronos field. Read more in this week's MEES here: https://t.co/c8XPxycOAt And here: https://t.co/2Df3aBDVYc
Iraq's new prime minister will come to offer facing unprecedented electricity sector challenges, with the Hormuz crisis exacerbating deep-rooted structural issues. Read the full analysis in MEES: https://t.co/FWXoCLAD3u
As the UAE prepares to capitalize on its newfound flexibility outside of Opec, MEES examines where its production capacity is located. https://t.co/Rh8TX2b4H3
The impact on Global LNG markets is deepening as the disruption to energy flows through the Strait of Hormuz approaches the two-month mark. New capacity additions this year are unlikely to offset lost Gulf volumes. An expected LNG glut is likely two years away now. Read more at: https://t.co/BJ2OL0MtyA
The US and Iran are making positive sounds over a peace deal, but huge volumes of Middle East oil remain shut in. Meanwhile market shortages are looming. Read about it here: https://t.co/DFvaEPZzlo
US-Iran peace talks in Islamabad will take place with Iran having again demonstrated its ability to cause significant damage to energy assets in neighboring states. Recent attacks on Saudi Arabia have damaged the East-West pipeline and forced 5% of production capacity offline. https://t.co/syBTeBoxa9
Libyaโs PM has ordered the termination of a deal between NOC and Benghazi-based Arkenu ahead of the publication of a UN report implicating it in corruption. Arkenu supported an uneasy dรฉtente between West and East governments, giving the latter access to oil revenues. https://t.co/1H8A8W0IsR
One month into the Middle East conflict, and Iranโs control over the Strait of Hormuz leaves the US facing a dilemma. Push for a deal or escalate in a bid to secure victory? Read about it here: https://t.co/62vWHS7oJY