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With more of their geopolitical goals aligning, ties between Riyadh and Moscow are growing closer, and the kingdom plans to invest billions of additional dollars in Russian petroleum and other projects. → Read More
While OPEC and Russia-led non-OPEC members agreed to cut oil production last week by 1.2 million bpd, Riyadh's ability to control the cartel and global oil prices is waning. → Read More
In this week's Monday Briefing, MEI experts discuss recent and upcoming events including MBS' lukewarm reception at the G20 summit, plans for a UN-hosted Western Sahara roundtable, and Qatar's decision to leave OPEC. → Read More
In this week's Monday Briefing, MEI experts discuss recent and upcoming events including the Iraq-Kurdistan pipeline deal, how the YPG partnership affects US-Turkey ties, and the new Russia-Turkey gas pipeline. → Read More
In August, global oil production reached 100 million barrels a day for the first time ever. U.S. shale accounted for the largest share of growth, with increases in Saudi and Iraqi production major factors as well. → Read More
by Rauf Mammadov and Theodore Karasik Yemen is fracturing into microstates. Localism is driving politics in the country more than ever before. Unanswered questions about who in Yemen will benefit f… → Read More
Last week, major news outlets reported that China National Petroleum Corporation had acquired French oil and gas company Total’s share in the development of Iran’s South Pars gas field, citing an elusive article published by Iranian state news agency IRNA. → Read More
Washington has said that to achieve significant reductions in Iranian oil exports it needs India to observe the sanctions. → Read More
The Houthi attack on a Saudi crude carrier has been interpreted as an indication that Iran may make good on its promise to disrupt shipping in the Strait of Hormuz. → Read More
Saudi Arabia temporarily halted all oil shipments through the Bab al-Mandab strait on Wednesday, Jul. 25, after two of its very large crude carriers were attacked by Houthi rebels. According to Saudi and Yemeni officials, the attack was launched from the besieged port city of Hodeida. → Read More
Here are several short-term and long-term consequences for Iran's energy sector from the U.S. about-face on the nuclear deal. → Read More
Saudi Crown Prince Mohammed bin Salman told journalists in New York last week that the kingdom is looking at extending its oil production-cut deal with Russia for 10 to 20 years. → Read More
On Feb. 19, a consortium of oil companies led by the U.S.’s Noble Oil and Israel’s Delek signed a contract to supply the Egyptian energy company Dolphinus with up to 32 billion cubic meters of Israeli gas over ten years. → Read More