Middle East tension | Egypt Oil & Gas

Macquarie Pulls Out of Kuwait Pipeline Bid as Gulf Tensions Rise

Australia’s Macquarie Group has pulled out of a planned bid for a stake in Kuwait’s oil pipeline network, in a deal valued at up to $7 billion, according to sources familiar with the matter, as geopolitical tensio ...

G7, IEA Urge Coordinated Release of Oil Reserves Amid Rising Prices

The International Energy Agency (IEA) has urged countries to coordinate a release of emergency oil reserves during an online meeting with finance ministers from the Group of Seven (G7), according to Japan’s Financ ...

Middle East Conflict Disrupts Oil and Gas Flows, Heightening Global Energy Fears

Rising military tensions between the US , Israel and Iran are disrupting oil and gas supplies across the Middle East, intensifying fears over global energy security and renewed price volatility.

QatarEnergy Suspends LNG Output Following Strikes on Industrial Sites

QatarEnergy has halted production of liquefied natural gas (LNG) and related products after military attacks targeted its operational facilities in Ras Laffan Industrial City and Mesaieed Industrial City in Qatar. ...

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