Baghdad and Ankara sign one-year Ceyhan export deal

DMEA - Downstream Middle East & Africa
MEOG - Middle East Oil & Gas
By Newsbase analysts 2 August 2026
Iraq’s oil ministry has signed a one-year agreement with Turkey covering the transport and loading of Iraqi crude through the Iraq-Turkey pipeline to the Mediterranean port of Ceyhan

OPEC+ completes voluntary cut rollback with September hike

FSUOGM - Former Soviet Union Oil & Gas
MEOG - Middle East Oil & Gas
By Newsbase analysts 2 August 2026
OPEC+ agreed on August 2 to raise output by around 188,000 barrels per day (bpd) from September

Oman opens EPC race for Ras Markaz expansion

DMEA - Downstream Middle East & Africa
MEOG - Middle East Oil & Gas
By Newsbase analysts 2 August 2026
Oman has invited contractors to prequalify for the next construction phase of the Ras Markaz Crude Oil Park
Boats situated off the coast of Iran.

Iran says talks with Oman on new Strait of Hormuz shipping route nearing conclusion

DMEA - Downstream Middle East & Africa
MEOG - Middle East Oil & Gas
By bnm Tehran bureau 2 August 2026
Iran says talks with Oman on a new Strait of Hormuz shipping route are nearing conclusion, but stresses any deal would not by itself reopen the waterway.
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