Middle East
Germany’s SEFE Signs $400 Million LNG Deal with ADNOC
Germany’s state-owned SEFE has signed a $400 million deal with ADNOC to receive LNG from the UAE over three years, as it continues shifting away from Russian gas supplies.
Ecuador Suspends Crude Exports as Pipeline Damage Triggers Force Majeure
Petroecuador has declared force majeure and halted crude exports after heavy rain and erosion forced Ecuador’s main pipelines offline, cutting oil output by over 130,000 barrels per day.
ExxonMobil Discovers New Offshore Natural Gas Reservoir Near Cyprus
ExxonMobil and QatarEnergy have discovered a new offshore natural gas reservoir in Block 10 near Cyprus, marking their second find in the area.
Australia’s Santos Signs LNG Deal with QatarEnergy Unit for 2026 Start
Santos has signed a two-year deal to supply 0.5 million tonnes of LNG annually to QatarEnergy Trading starting in 2026, amid growing demand from Asia.
Saudi Aramco Mulls Sale of Gas-Fired Plants, Pipelines to Raise Funds
Saudi Aramco is considering selling gas-fired power plants, pipelines, and other infrastructure assets in a bid to raise billions and streamline operations, sources told Reuters.
Santos Moves Closer to $18.7 Billion Sale with Exclusive ADNOC Talks
Australia’s Santos has granted an ADNOC-led consortium six weeks of exclusive due diligence following a proposed $18.7 billion takeover. The offer includes participation from Carlyle and ADQ and would require 75% investor approval to proceed.
Opinion: Ceasefire Drops Oil Prices — But Who’s Really Influencing Iran?
Brent crude reversed course after President Trump announced a ceasefire between Israel and Iran, dropping over 7%. While headlines credited the U.S. bombing campaign, the real influence may lie in the silence of Iran’s key allies like China and Russia.
Trump Says China Can Buy Iran Oil, But Urges U.S. Crude Instead
President Donald Trump said China can continue buying oil from Iran following the recent Israel-Iran ceasefire but urged Beijing to purchase more U.S. crude instead. The White House clarified that U.S. sanctions remain in place, though analysts say enforcement appears lax.
Middle East Gas Pipeline Surge Led by ADNOC, Leviathan, Iran
The Middle East is set to see a surge in natural gas pipeline construction through 2028, with major projects from ADNOC in the UAE, Israel’s Leviathan field, Iran’s 748-mile pipeline, and Saudi and Iraqi investments. Crude and gas infrastructure expansions reflect the region’s strategic energy push.
Teapots Pull Back: Iranian Oil Stocks Build as Discounts Deepen in China
Chinese demand for Iranian crude is weakening as independent "teapot" refineries scale back purchases amid rising global oil prices, prompting sellers to deepen discounts and pushing Iranian oil stocks to their highest levels since 2023.
Israel Restarts Gas Exports to Jordan, Egypt Supply Remains Halted
Israel has resumed limited natural gas exports after a temporary shutdown due to regional conflict, with most flows going to Jordan and minimal volumes reaching Egypt, which remains largely without supply.
'Deep Pockets' Could Help Abu Dhabi Win Regulatory Approval for Santos Bid, Analysts Say
Abu Dhabi National Oil Company, preparing an $18.7 billion bid for Santos, is likely to face close scrutiny from Australian regulators worried about local gas supply, but could win them over with pledges to speed up new projects, analysts say.
Oil Prices Surge as Israel-Iran Clash Puts World’s Key Oil Route at Risk
Israel’s strike on Iran has raised fears that Tehran could retaliate by disrupting oil flows through the world’s most critical oil transit route, the Strait of Hormuz, potentially pushing crude prices toward $100 per barrel.
IEA Ready to Tap Oil Reserves After Israel-Iran Strikes; OPEC Pushes Back
The IEA says it is prepared to release emergency oil reserves following Israel’s attack on Iran, while OPEC criticized the move as creating unnecessary market fear. Oil prices surged 7%—the biggest jump since Russia invaded Ukraine.
ADNOC’s XRG Targets 25 Million Tons of LNG, Gas Capacity Per Year by 2035
Abu Dhabi’s XRG, backed by ADNOC, is targeting 20–25 million tons of gas and LNG capacity by 2035 as part of a bold new strategy. The investment arm is eyeing acquisitions in North America and positioning itself as a global energy player.
Corrosion-Linked Blast Disables Iraq Gas Pipeline Near Kirkuk
An explosion and fire disabled a gas pipeline in Iraq’s Kirkuk region, halting domestic supply to power stations in Baiji. Officials from North Gas Co. attributed the blast to pipeline corrosion, with repairs expected to take two days.
Global News June 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Iraq Oil Ministry Sues Kurdish Government over U.S. Oil and Gas Contracts
The legal challenge is the latest obstacle to the resumption of flows through the Iraq-Turkey oil pipeline that have been halted since March 2023, despite pressure by the U.S. Trump administration.
Aramco Seeks Investors for $100 Billion Jafurah Gas Infrastructure Project
Saudi Aramco is seeking investors for infrastructure assets tied to its $100 billion Jafurah gas project, including over 1,500 km of pipelines and processing facilities, as it ramps up shale gas production.
Turkey, Syria Reconnect Energy Ties with Major Gas and Power Deal
Turkey will supply Syria with 2 billion cubic meters of natural gas annually and provide 1,000 megawatts of electricity, as part of a broader energy cooperation deal that includes activating a cross-border pipeline and infrastructure investment.
Fluxys, OQGN to Develop Hydrogen Pipeline Network in Oman
Fluxys and OQGN have signed a cooperation agreement to jointly develop a hydrogen transportation network in Oman, supporting the country’s Vision 2040 energy transition goals and enabling future hydrogen exports to Europe.
Wood Mackenzie Warns of Gas Turbine Supply Constraints Through 2040
Wood Mackenzie expects new gas-fired generation projects of around 890 gigawatt (GW) capacity to be added globally between 2025 and 2040, with the U.S. and China leading at 47% annual additions during the same period.
Saudi Crude Flows to China Expected to Stay High in June
Saudi Arabia is set to maintain oil exports to China at a one-year high in June, with 48 million barrels allocated amid increased OPEC+ output and strong demand from Chinese refiners.
Aramco to Secure 6.2 Million Tons of U.S. LNG via NextDecade, Sempra Deals
Saudi Aramco will sign MoUs with U.S. LNG producers NextDecade and Sempra for 6.2 million tons of LNG supply, part of its broader push into the natural gas market and U.S. energy investments.
Iran Expands Gas Network by 265 Miles in a Year
Iran added 265 miles of new gas pipelines and launched major compressor stations and infrastructure projects last year to expand its national gas transmission system and support future exports.
China’s April Crude Imports Rise 7.5% on Iran, Russia Supply Surge
China imported 11.69 million bpd of crude oil in April, up 7.5% year-over-year, led by strong deliveries from Iran and Russia. Stockpiling during refinery maintenance and discounted sanctioned barrels supported the increase.
Global Energy Exports Slide as Trade Risks Weigh on Oil and Fuel Demand
Global oil, LNG and fuel exports slowed in early 2025 as rising trade tensions and tariffs disrupt flows, pressuring demand across major import markets and raising risks for energy exporters.
Saudi Arabia Can Control Oil Supply, But Demand May Be Its Achilles’ Heel
Saudi Arabia is flexing its oil supply control, but weakening global demand could undermine its strategy and pose challenges.
QatarEnergy Nears Long-Term LNG Supply Deal with Japan
QatarEnergy is in advanced discussions with Japanese buyers including JERA and Mitsui for a long-term LNG supply deal from its North Field expansion project, aiming to secure its dominance in the key Asian market.
Technip Energies to Deliver Engineering for Qatar Offshore Gas Compression Project
Technip Energies has been awarded a detailed engineering contract for QatarEnergy LNG’s NFPS COMP 4 offshore compression project, advancing Qatar’s major natural gas expansion plans.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- TC Energy’s North Baja Pipeline Expansion Brings Mexico Closer to LNG Exports
