Natural gas

Iran war, Hormuz disruptions drive first drop in global fossil fuel emissions since 2020 - report

Global fossil fuel emissions are projected to fall 0.4% in 2026, the first drop since 2020, partly as the Iran war cut oil and gas use. Researchers warn the decline is unlikely to last.

Vessels transit the Strait of Hormuz off the coast of the port city of Bandar Abbas in southern Iran on September 5, 2026; illustrative
A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal city of Caesarea on January 25, 2022.

US energy giant Murphy enters Israeli gas exploration market in partnership with Ratio Energies

FILE PHOTO: The Khor Mor gas field after a rocket attack near Chamchamal, in Sulaymaniyah province, Iraq, November 27, 2025.

Iraq's Khor Mor gas field hit less than day after reportedly referenced by Kataib Hezbollah

Oil trucks arriving from Iraq at the Baniyas oil terminal, in Baniyas, Syria, May 14, 2026.

Does Iraq's rerouting of oil exports make Turkey a big winner of the Iran war? - analysis


Lebanon warns against any Israeli 'aggression' in disputed waters

Israel says the field in question is within its exclusive economic zone, not in disputed waters.

Lebanese President Michel Aoun speaks at the Ministry of Foreign Affairs as Lebanese expats vote in Lebanon's parliamentary election, in Beirut, Lebanon May 8, 2022.

Leviathan natural gas company Ratio Energies reports record revenues in Q1 2022

2.7 billion cubic meters (BCM) of natural gas was sold from the Leviathan reservoir in Q1, of which 1.8 BCM was exported to Egypt and Jordan.

 Leviathan natural gas field.

EU agrees gradual Russian oil embargo, Canada imposes new sanctions

The target to cut 90% of all Russian imports by the end of 2022 includes seaborne deliveries.

European Council President Charles Michel, Italy's Prime Minister Mario Draghi and France's President Emmanuel Macron attend the European Union leaders summit, as EU's leaders attempt to agree on Russian oil sanctions in response to Russia's invasion of Ukraine, in Brussels, Belgium, May 30, 2022.

Global energy crisis leads Israel to launching fourth natural gas exploration

Energy Minister Karin Elharrar announced the move, effectively canceling the year-long freeze on natural gas explorations that she announced in December 2021.

 IN A ONCE-UNTHINKABLE development, the Mubadala Investment Corporation, a sovereign wealth fund of Abu Dhabi, invested $1 billion in the Tamar natural gas field.

EU makes eleventh-hour push to agree on Russia oil sanctions

The EU leaders will declare continued support for Ukraine and discuss how to deal with the impact of the conflict, especially the spike in energy prices and an impending food supply crisis.

 Models of oil barrels and a pump jack are seen in front of displayed EU and Russia flag colours in this illustration taken March 8, 2022.

As Russia intensifies push for Donbas, Ukraine rules out ceasefire

Weeks-long siege ends at Azovstal, Russia says | Russia intensifies offensive in Donbas | Russia stops Finland gas flows over payment dispute.

 Emergency management specialists gather near a burnt tank during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine May 20, 2022.

Russia stops Finland gas flows over payments dispute

Gazprom demanded Europe pays for Russian gas supplies in roubles because of sanctions imposed over Moscow's invasion of Ukraine.

 The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022.

Biden’s Israel visit will highlight ‘strategic ties,' Hochstein says

Hochstein called the Trump administration’s decision to exit the 2015 Joint Comprehensive Plan of Action known as the Iran deal, a “tragic mistake.”

 US President Joe Biden delivers remarks on administration plans to fight inflation and lower costs during a speech in the Eisenhower Executive Office Building's South Court Auditorium at the White House in Washington, U.S., May 10, 2022.

Israel achieves independence through energy supply - opinion

Israel can provide a large part of this quantity depending on the current capacity of the liquefying facilities in Egypt or the ability of the companies extracting the Israeli gas

 THE PRODUCTION platform of the Leviathan natural gas field in the Mediterranean Sea, off the coast of Haifa: The realization of the commercial potential of the field is in the hands of the companies.

Russian gas supplies to Poland, Bulgaria halted - reports

Poland has repeatedly said it would not agree to Russia's demand to pay in roubles for gas it buys from Gazprom under new rules Moscow announced last month.

 The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022.