Israel

Putin and Tokayev strengthen regional energy partnership with Uzbekistan

The visit of Kazakh President Kassym-Jomart Tokayev to Moscow confirms Russia's intention to consolidate its regional energy alliances, particularly in gas, amid a tense geopolitical and economic environment.

Electricity price surge in Syria deepens social and economic crisis

The end of subsidies and a dramatic rise in electricity prices in Syria are worsening poverty and fuelling public discontent, as the country begins reconstruction after more than a decade of war.

HiTHIUM partners with El-Mor to deploy 1.5GWh of long-duration storage in Israel

Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.
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IAEA warns of restricted access to Iranian nuclear site since June strikes

The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.

The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals

A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.

Iran aims for 90% flare gas capture by 2027

Iran deploys 12 contracts and plans 18 more to recover 300 MMcf/d, inject 200 MMcf/d into the network, and deliver 800,000 tons/year of LPG, with an announced reduction of 30,000 tons/day of emissions.
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Turkey locks in 19 Bcma of LNG, Moscow and Tehran under pressure

Botaş lines up a series of liquefied natural gas (LNG, liquefied natural gas) contracts that narrow the space for Russian and Iranian flows, as domestic production and import capacity strengthen its bargaining position. —

Shanghai Electric signs 342 MW deal with Econergy in Romania

Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.

The United States Raises Tariffs Against Colombia on Energy and Metals

The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.
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China cuts its oil surplus to 570,000 barrels per day and prepares a cycle of strategic purchases

The decline in imports and the rise in refining in September reduced China’s crude surplus to its lowest in eight months, opening the way for tactical buying as Brent slips below 61 dollars.

Jordan: exporting its electricity via Syria, operational levers and constraints

Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.

End of JCPOA reignites uncertainty over Iran’s nuclear programme

The formal expiration of the 2015 nuclear deal with Iran comes as international sanctions have already been reinstated and diplomatic negotiations remain stalled.
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Prisma Photonics raises $30mn to expand its optical fibre infrastructure monitoring platform

Israeli company Prisma Photonics has raised $30mn in a funding round led by Protego Ventures to develop its artificial intelligence-based detection system for power grids and critical infrastructure.

Brent under pressure: traders expect prices to fall towards $60

Major global oil traders anticipate a continued decline in Brent prices, citing the fading geopolitical premium and rising supply, particularly from non-OPEC producers.

China’s crude oil imports rise 3.9% in September

China imported an average of 11.5 million barrels of crude oil per day in September, supported by higher refining rates among both state-run and independent operators.
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Washington targets Iranian oil with new sanctions on phantom fleet

The US Treasury Department has imposed sanctions on more than 50 entities linked to Iranian oil exports, targeting Chinese refineries and vessels registered in Asia and Africa.

Chinese refineries cut Iranian crude purchases by 46% in September

Import quotas exhaustion and falling demand push Chinese independent refineries to sharply reduce Iranian crude volumes, affecting supply levels and putting downward pressure on prices.

Saudi companies to launch 500 MW of energy projects in Syria

Al-Harfi and SCLCO signed agreements with Syrian authorities to develop solar and wind capacity, amid an ongoing energy rapprochement between Riyadh and Damascus.
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Beijing transfers up to $8.4bn to Iran through parallel oil network

China has established a clandestine oil-for-projects barter system to circumvent US sanctions and support Iran’s embargoed economy, according to an exclusive Wall Street Journal investigation.

Project InnerSpace unveils GeoMap in the Middle East with 14,000 GW geothermal potential

The new GeoMap tool identifies vast geothermal potential in the Middle East, notably for urban cooling, long-duration storage, and large-scale power generation.

Geopolitical instability causes oil prices to soar

Tensions between Israel and Iran caused a significant rise in oil prices, the highest since October.

United States: DoE suspends oil purchases for Louisiana SPR

The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.

Oil at five-month high

Oil prices hit a record high, propelled by supply concerns and tensions between Israel and Iran.
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New US sanctions target Iran’s energy sector

Washington is targeting the Iranian network to curb the financing of regional activities via the trade in energy products.

Houthis threaten to attack Saudi oil installations

The Houthis have warned Saudi Arabia of a possible target, should it assist the US-led coalition's attack on Yemen.

Iran announces major oil contracts despite sanctions

Teheran openly defies US sanctions by announcing a colossal $13 billion investment in the oil sector.
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Decline of oil and fall of natural gas in 2023

In 2023, global energy markets experienced a surprising dynamic: a significant drop in oil prices and a drastic fall in natural gas prices.

Tensions in the Red Sea continue to impact oil prices

Tensions in the Red Sea continue to exacerbate oil market volatility, with significant repercussions on world prices.

Kuwait: Energy continuity under the authority of the New Emir

Kuwait, facing energy challenges, sees its new Emir, Sheikh Mishal, ensuring continuity in a sector crucial to OPEC.
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Middle East tensions push up oil prices

Recent attacks on ships in the Red Sea by Houthi militants in Yemen have triggered a significant rise in oil prices, revealing the direct impact of geopolitical tensions on global energy markets.

Nuclear: Between Ambitions and Contrasting Realities

Nuclear power is regaining popularity in the face of the climate crisis. However, a recent report highlights the limits of its expansion, dominated by China and Russia.

OPEC+ oil supply reduction: challenges and prospects

OPEC+ is committed to further voluntary cuts in oil supply, an ambitious strategy aimed at stabilizing the market in an uncertain economic climate.
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COP28 in Dubai: Challenges and hopes in the fight against climate change

COP28 in Dubai marks a decisive turning point in the fight against climate change, with a focus on fossil fuels and the creation of a compensation fund.

OPEC+ Online for Production Quotas: Impact on the World Economy

OPEC+ virtual meeting on oil production quotas and their impact on world markets.

The Challenges Facing OPEC+ in the Oil Market

OPEC+ Saudi Arabia faces major economic challenges with falling oil prices and rising geopolitical tensions ahead of the Vienna meeting.
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OX2 makes its first solar sale in Spain

OX2 sells 82MW of solar projects in Spain to Afcon Renewable Energy, strengthening its presence in Europe and supporting the growing demand for renewable energy.

OPEC’s impact on the Israeli-Palestinian crisis

In a complex geopolitical context, OPEC is at the heart of tensions between Arab nations and Israel, profoundly influencing the current crisis.

Qatar and IAEA: Strategic Alliance for Innovative Nuclear Projects

Qatar launches three innovative nuclear projects in collaboration with the IAEA, marking a significant step forward in the fields of health and environmental safety.
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The Race for Climate Control: A New Global Challenge

Cloud seeding, an ancient practice, is gaining in importance in the face of the challenges posed by global warming.

Jordan: Refusal to sign energy agreement with Israel

Jordan announces the cancellation of an energy agreement with Israel, citing the current conflict in Gaza as the main reason.