Gas

US Says Supports Gas Deals with Kurdistan Region after Iraq Lawsuit

The United States said Tuesday it supported American energy companies' contracts with Iraq's autonomous Kurdish region after the Iraqi government filed a lawsuit against them. Regional Prime Minister Masrour Barzani announced the signing of the two deals valued at tens of billions of dollars during a visit to Washington, in which he met Friday ...

Iraq Sues Kurdistan Region Over US Gas Contracts

Iraq's federal authorities have filed a complaint against the autonomous Kurdistan region for signing gas contracts with two US companies, two officials told AFP on Tuesday. Oil exports have been a major point of tension between Baghdad and Arbil, with a major pipeline through Turkey shut since 2023 over legal disputes and technical ...

Turkey Discovers New Natural Gas Reserve in Black Sea

Turkey has discovered a new natural gas reserve in the Black Sea that will meet its residential energy needs for more than three years, President Recep Tayyip Erdogan said on Saturday. "We have discovered 75 billion cubic meters (2,650 cubic feet) of new natural gas. With this amount, we will meet the needs of our homes alone for about 3.5 ...

EU Proposes Ending All Russian Gas Imports by 2027

The EU on Tuesday unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, a challenge given Europe's continued dependence on Russian fossil fuels. "Today the European Union sends a very clear message to Russia: no more, no more will we permit Russia to weaponize energy against us," EU ...

Qatar Supplying Natural Gas to Syria via Jordan

Qatar has begun funding gas supplies to Syria from Jordan, state media in the Gulf state reported Thursday, as Damascus's new leadership seeks economic relief for the war-torn country. "Qatar has started today providing... natural gas supplies to the Syrian Arab Republic through the territories of the Hashemite Kingdom of Jordan," ...

Oil Price Drops Amid Israeli Reassurances

Oil prices continued their downward trend on Tuesday, falling by more than 3%, after The Washington Post reported that Israeli Prime Minister Benjamin Netanyahu had assured US President Joe Biden in a phone conversation that he planned to strike the Iranian military, not oil or nuclear infrastructure, in retaliation for the Iranian strikes on ...