Natural gas
Drone hits US-owned gas tanker at Egypt's Damietta port, security sources say
A statement from Egypt's petroleum ministry confirmed a fire at the port but made no mention of a drone attack and did not provide a cause for the incident.
Ships transiting via Bab el-Mandeb Strait at highest in a week, data shows
West African leaders sign $25 billion Nigeria-Morocco gas pipeline agreement
Israel launches new search for natural gas in the Mediterranean Sea
Israel lacks plan for gas, mortgages, public spending, government probe finds
The most serious finding concerned natural gas, which provides about 70% of Israel’s electricity.
Chevron launches Israel energy-tech accelerator for early stage startups
Chevron Studio Israel will fund and mentor early-stage technologies from Israeli universities and research institutions, with a focus on AI, cybersecurity, hydrogen, and lower-carbon energy solutions.
Third Qatari LNG tanker heads through Hormuz to China, data shows
Iran approved the shipment to help build confidence between Qatar and Pakistan, which is mediating in peace talks, according to two people familiar with the matter.
Iran may run out of oil storage within weeks under US blockade pressure
As a result of the blockade on Iranian ports, Tehran has been forced to store all the oil it extracts through various means, including onshore facilities and floating storage aboard vessels.
Karish gas field resumes production
The Karish platform has been idle for 40 days and the total damage from gas field shutdown was about NIS 1.7 billion
Leviathan gas field resumes operations after risk of strikes from Iran war outbreak
The Leviathan and Karish reservoirs were shut down to reduce the risk of being hit when Operation Roaring Lion began on February 28th
Gulf states consider bypassing Strait of Hormuz with new oil pipelines via Haifa - FT
The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.
US-Iran war pushes India to rekindle old friendship with Russia
Delhi and Moscow are deepening their energy cooperation, with both sides agreeing to prepare for Russia to resume direct sales of liquefied natural gas.
Mediterranean states say adrift Russian tanker is 'imminent and serious' threat
Russia's Foreign Ministry acknowledged that the vessel was adrift in the Mediterranean and said Russia's further involvement in resolving the situation depended on "concrete circumstances."
Lured by profits, some shipowners brave mines and missiles to sneak oil past Iran
At least 10 ships operated by Greek companies, and at least two Chinese-operated vessels, have sailed through the strait between Iran and Oman since US and Israeli strikes began on February 28.