MEOG - Middle East Oil & Gas
Bangladesh signs first short-term LNG deal with Oman’s OQ Trading
Bangladesh signed its first-ever short-term liquefied natural gas supply deal with Oman’s OQ Trading International on July 22 to shore up energy security and cut reliance on the volatile spot market.
Azerbaijan’s Socar reportedly considering sale of Aegean Sea container port in Turkey
Azerbaijan’s national oil company Socar is mulling a sale of its port unit in Turkey, Bloomberg reported on July 22.
Saudi crude exports continue to increase
Crude exports from Saudi Arabia reached their highest point in May compared to the preceding three months, according to a Reuters report citing data released by the Joint Organizations Data Initiative (JODI) on July 21.
Iran completes overhaul of two South Pars gas platforms
Iran’s Pars Oil and Gas Co. (POGC) overhauled the offshore gas platforms SPD20 and SPD21, part of the mammoth South Pars gas field in the Persian Gulf, the company said.
Aramco discussing Jafurah-based finance deal with BlackRock
Aramco is reportedly working on a deal to raise approximately $10bn from a consortium led by BlackRock for the infrastructure of its flagship Jafurah gas project
Turkey to end Iraqi oil pipeline deal amid focus on export resumption
The latest development in long-winded efforts to resume Iraqi oil exports through Turkey has a sting in the tail, particularly for Iraq, with Ankara moving to terminate a decades-long export agreement
Turkey proposes wider energy and power deal with Iraq, announces end of Kirkuk-Ceyhan pipeline agreement
Turkey has submitted a draft proposal to Iraq to renew and widen an energy agreement between the two countries to include cooperation in oil, gas, petrochemicals and electricity.
Iran overhauls South Pars refinery to avert winter shortages
Iran has launched a major maintenance programme at its South Pars Phase 10 gas refinery
Iran lifts oil output at Azadegan amid self-sufficiency drive
Iran has increased crude oil production by 38,000 bpd at its giant South Azadegan field
Deadly blaze contained at Iran’s Abadan refinery
A fire that broke out at Unit 70 of Iran’s Abadan oil refinery, one of the Middle East’s largest refining complexes in the southwestern oil-rich Khuzestan province, was extinguished following hours of “non-stop efforts," a local official said.
Baghdad says Iraqi Kurdistan to restart piping of oil to Turkey after two-year halt despite mystery drone attacks
Iraq’s federal government said on July 18 that Iraqi Kurdistan is to resume oil exports through a pipeline that runs to Turkey’s Mediterranean port of Ceyhan after a two-year freeze and despite a fourth day of mystery drone attacks.
Venezuela criticises energy sanctions at OPEC seminar in Vienna
Venezuela's Vice President Delcy Rodriguez has used a major oil industry gathering to condemn international sanctions on energy producers again, warning they threaten global supply security and undermine investment in the sector.
Iraq's Kurdistan oil output drops 150,000 bpd after drone strikes force field closures
Drone attacks for a third consecutive day on oilfields in Iraq’s semi-autonomous Kurdistan region have cut crude output by between by 150,000 bpd. The strikes, which caused extensive damage to infrastructure, forced multiple production shutdowns.
Iranian crude exports to China hit peak
Iranian crude exports to China have climbed to their highest level since March at more than 1.7mn barrels per day due to sellers increasing shipments to avoid the effects of the recent conflict between Israel and Iran.
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