News & Analysis as of

Oil & Gas Middle East

Flaster Greenberg PC

Can Natural Gas Help Prevent an Israel-Lebanon War?

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One wild card of the Middle East equation has been Hezbollah, the Iranian-inspired Shiite terror group /political party in Lebanon. Considered the most fully armed non-state actor in the world, Hezbollah possesses an arsenal...more

Flaster Greenberg PC

Middle East Tensions - 50 Years Apart in Time, Light Years Apart in Economic Impact: Flaster Greenberg

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Over 50 years ago, on October 6, 1973, the Arab armies of Egypt and Syria launched a surprise attack on Israel during Yom Kippur, the holiest day of the Jewish calendar. Almost exactly 50 years later, on October 7, 2023,...more

Flaster Greenberg PC

Another Mideast Casualty - Turkey/Israel Joint Gas Exploration

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Turkish President Recep Tayyip Erdogan took a strong, uncompromising pro-Hamas stance in the latter’s military conflict with Israel last week.  In so doing, he torpedoed any potential in the near future for possible joint...more

Flaster Greenberg PC

Mideast Chaos Scrambles Energy Equation

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Last week saw scenes of chaos never before seen in the Middle East, which is saying something given the history of that region. In Israel, hundreds of thousands of people took to the streets to demonstrate, block roads,...more

Flaster Greenberg PC

Marcellus Shale Update: Will Natural Gas Isolate Turkey and Integrate Israel in the Eastern Mediterranean?

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For generations, the area around the eastern Mediterranean Sea has been filled with turmoil. From the Arab-Israeli conflict to the divided island of Cyprus and the general animus between Greece and Turkey, the region’s...more

King & Spalding

Energy Newsletter - September 2020

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Climate Change Litigation on the Horizon with Trump Environmental Overhaul - On July 16, 2020, President Trump’s Council on Environmental Quality (“CEQ”) published the long-awaited final rule revising the implementing...more

Opportune LLP

Is There Signs Of Life In A&D Activity?

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Is A&D activity picking up in the upstream oil and gas sector and, if so, is now the right time to find attractive deals? ...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020 #3

Coronavirus Throws EU Climate Plans into Disarray - "Czech Prime Minister Andrej Babiš said last week that the EU should 'forget about' the Green Deal for now while it focuses on Coronavirus." Why this is important: ...more

White & Case LLP

Ahead of the pack: US M&A 2019: Five trends that could move the M&A needle in 2020

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After a solid 2019, the foundations are in place for a strong start to the M&A year in 2020. The following factors are likely to heavily influence the market in the months ahead. As we enter a new decade, the signs are...more

Flaster Greenberg PC

Political Tensions Rise Over Rights To Mediterranean Natural Gas Bonanza

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While the eyes of the world have been on the impeachment of President Trump, Brexit, the coronavirus and the new American peace plan for Israel and the Palestinians, the seeds for the next war perhaps are being sown in the...more

Opportune LLP

4 Trends To Watch in the Upstream Oil & Gas Industry in 2020

Opportune LLP on

What are the top upstream oil and gas trends to look out for in 2020?  Although recent events in the Middle East are still volatile, it seems the oil price rally is over for now. Prices are more or less back to where they...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2020

Energy Infrastructure Attacks are ‘Probable’: Oil Traders Fear Supply Disruptions in the Middle East - "A dramatic escalation of geopolitical tensions will most likely result in an unplanned oil supply shortage in the...more

Flaster Greenberg PC

The Middle East Convulses, But Thanks To Shale America Hardly Notices

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The Middle East turned on its axis last week. Thanks in large part to the shale revolution, few Americans heard about it – and most did not care who did. Originally published on Forbes.com November 5, 2019....more

Flaster Greenberg PC

Cyprus Launches Drones To Monitor Turkish Gas Drilling In Mediterranean

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Two of the legal worlds that I straddle – energy and aviation – collided last week in the Mediterranean Sea. The implications for these two disciplines, as well as world security, could be enormous. Originally published on...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - September 2019 #2

Crisis in Middle East Should Remind Us of the Importance of Fracking - "Oil prices are likely to spike in the short-term aftermath of the attack on Saudi Arabia, but, as Clifford Krauss and Stanley Reed of The New York...more

White & Case LLP

Middle Eastern M&A on the rise in H1 2019—and it’s not all about oil

White & Case LLP on

M&A in the Middle East saw a massive 284% year-on-year rise in value in H1 2019—though this was due in large part to a single deal, Saudi Aramco’s announced US$70.4 billion acquisition of a 70% stake in petrochemical firm...more

King & Spalding

Lebanon’s First Steps In The Oil And Gas Industry

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Lebanon is the latest country to join the race for oil and gas exploration in the Eastern Mediterranean region. The significant natural gas fields discovered over the past decade in the Levant and Cyprus basins have sparked...more

Flaster Greenberg PC

Marcellus Shale Update: Depoliticizing Middle East Oil Dependence through Increased Production of U.S. Shale

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While America was transfixed with the sordid spectacle of the Brett Kavanaugh confirmation hearings, the news that really can have international impact was playing out in Istanbul, Turkey. On Thursday its ramifications began...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2018 #2

Oil Soars After Trump Nixes Iran Nuclear Deal, Stocks Rally - "Crude oil prices rose more than 3 percent on Wednesday after U.S. President Donald Trump's decision to withdraw from a nuclear accord with Iran, a move that...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2018

In Cities v. Fossil Fuels, Exxon's Allies Want the Accusers Investigated - "Now two industry-friendly groups are turning the tables and asking the SEC to investigate the cities and counties for possible fraud." Why this...more

King & Spalding

Energy Newsletter - September 2016

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Implementing Islamic Financing for Renewable Energy Projects - The Middle East and North Africa (MENA) region has recently seen a surge of interest in developing renewable energy, in particular solar energy projects. Led...more

King & Spalding

Regional Perspectives on the Paris Agreement on Climate Change

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On 12 December 2015, nearly 200 countries at the 21st annual meeting (COP21) of the United Nations Framework Convention on Climate Change (Convention or UNFCCC) reached an agreement that many have described as a historic...more

Bennett Jones LLP

Bennett Jones Fall 2014 Economic Outlook

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We expect a modest strengthening of global growth over the next two years relative to 2013 and 2014, largely originating from the advanced economies, and the U.S. in particular. Growth in the emerging economies as a whole...more

Latham & Watkins LLP

A vintage year for Gulf IPOs

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This year has seen a resurgence of activity in the Middle East equity capital markets, with players such as National Commercial Bank and Qatar Petroleum in the spotlight and growing interest from both regional and...more

Dechert LLP

Iranian Sanctions – Joint Action Plan is Implemented in EU

Dechert LLP on

Background - Implementation of the Joint Action Plan agreed between the E3/EU+3 in October 2013 by suspending certain sanctions against Iran in relation to nuclear proliferation began on 20 January 2014. This...more

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