MEOG - Middle East Oil & Gas
BOTAS sees no risk to Turkey’s gas supply security posed by Middle East conflict
Turkey’s state-owned oil and gas pipeline operator and energy trader BOTAS has said all necessary measures are in place to guarantee uninterrupted and secure supplies of natural gas across the country.
Why Gulf bypass routes offer only weeks of oil supply cover
The effective closure of the Strait of Hormuz has exposed a critical vulnerability in global energy security
Price-sensitive, import-reliant India grapples to shore up energy security amid Hormuz crisis
The disruption has already rippled into domestic markets.
How exposed is China to the Hormuz crisis?
A prolonged closure of the Strait of Hormuz would hit China’s energy security hard, threatening to sever roughly half of its crude imports and a significant share of its LNG supply.
Iraq halts production at giant Rumaila oilfield as Hormuz closure chokes exports
Iraq halted all production at the giant Rumaila oilfield, its largest, after the closure of the Strait of Hormuz sent storage levels to critical capacity and tankers refused to enter the Gulf amid the US-Israeli military campaign against Iran.
ING warns Turkey most exposed in CEE to energy price shocks linked to Middle East conflict
Turkey stands out as the most vulnerable economy in Central and Eastern Europe (CEE) to the fallout from rising energy prices linked to the Middle East conflict, according to an ING report.
Iran warns it will hit oil tankers at Strait of Hormuz
A senior Iranian military official warned that Iranian armed forces would target any oil tanker trying to sail through the Strait of Hormuz, as a US-Israeli war on Iran dramatically pushed up oil prices.
Hormuz crisis offers Moscow short-term gains, but long-term losses if regime falls
A prolonged closure of the Strait of Hormuz could deliver short-term fiscal relief to Moscow through higher oil and gas prices, but regime change in Tehran would risk stripping Russia of one of its most important strategic allies.
Egypt halts gas exports via Idku plant to secure domestic supply amid Israeli cutoff
The Egyptian government decided to temporarily suspend gas exports through the Idku terminal to ensure the security of the domestic market following disruptions to gas supplies from Israel
Pakistan considers buying LNG from Azerbaijan’s SOCAR as contingency plan
Pakistan is bracing for possible disruption to its gas supply as cargo deliveries from Qatar could disruption after the Gulf country stopped producing LNG in the wake of missile attacks from Iran.
Chevron discusses linking Aphrodite gas field to Egyptian infrastructure
The Egyptian Ministry of Petroleum and Mineral Resources held discussions with the US energy major Chevron regarding the continuation of coordination for the project linking the Aphrodite Gas Field in Cyprus to Egyptian infrastructure
Hormuz crisis puts one-fifth of global LNG supply at risk
Escalating US-Iran tensions have halted LNG production in Qatar and threatened shipping through the Strait of Hormuz, exposing Europe, Asia and emerging importers to sharp price spikes and renewed energy security risks.
Iran claims it sank another vessel in Strait of Hormuz after striking three US and British tankers
Iran claims it sank a fourth vessel in the Strait of Hormuz after striking three US and British oil tankers, threatening global oil flows through the world's most critical chokepoint.
Middle Eastern gas assets close as Iranian response widens
Qatar halted LNG production on March 2 following Iranian drone strikes on critical infrastructure, triggering a severe shock across global energy markets
Iran takes measures to ensure fuel supply amid shortage concerns during wartime
The Iranian government has taken “necessary measures” to ensure fuel supply at pumps, a union leader said, as motorists rushed to petrol stations following US and Israeli attacks.
Syria reduces power supply hours due to decline in gas flows via Jordan
Syria’s Ministry of Energy has attributed the current reduction in electricity supply hours to a decline in natural gas volumes delivered via Jordan, which are used to operate power generation plants
Egypt to import 20 additional LNG shipments to counter gas supply crisis
The Egyptian Ministry of Petroleum and Mineral Resources plans to increase its liquefied natural gas (LNG) imports by around 20 new shipments starting in March 2026
Egypt moves to fast-track LNG shipments amid gas cut-offs
The Egyptian government is seeking to accelerate the delivery of Liquefied Natural Gas (LNG) shipments previously contracted under major deals signed in 2025.
India belatedly urges early cessation to hostilities in Middle East
Indian Prime Minister Narendra Modi posted two separate messages on X responding to the now two day long campaign of hostilities against Iran by the forces of Israel and the US.
Middle East conflict raises stakes for Nigeria’s oil-driven economy
The escalating military conflict between the United States, Israel and Iran has unsettled global energy markets, driving up crude prices and placing African oil-dependent economies such as Nigeria in a delicate position.
Middle East conflict halts Hormuz shipping as oil markets brace for impact
The assassination of Iran's Supreme Leader has triggered severe retaliatory strikes and the closure of the Strait of Hormuz, halting shipping and threatening oil markets.
Dana Gas halts natural gas exports to Kurdistan power stations amid regional tensions
Iraqi Ministries of Electricity and Natural Resources in the Kurdistan Region of Iraq announced that Dana Gas had halted its natural gas exports from the Khor Mor field to power stations due to the region's unusual conditions and recent clashes.
Iran's IRGC claims ballistic missile attack on USS Abraham Lincoln aircraft carrier
Iran's IRGC claims it struck the USS Abraham Lincoln aircraft carrier with four ballistic missiles as part of Operation True Promise 4. No US confirmation yet.
India braces for oil shock as Iran fallout begins
India is set to face renewed oil price volatility and increased macroeconomic headwinds as tensions around Iran intensify following Israeli and US air strikes over the weekend, and the Iranian attack on an oil tanker, north of Khasab Port.
Israel halts gas exports to Egypt amid geopolitical tensions
Egypt had ceased receiving gas from Israel, following military strikes by both Israel and the US on Iran
BREAKING: Iran closes Strait of Hormuz to international shipping
Iran's IRGC closed the Strait of Hormuz to international shipping on February 28, threatening supplies of around 20% of the world's daily oil as US and Israeli strikes continued across the country and retaliatory Iranian missiles hit Gulf states.
US tightens sanctions on Iran’s oil trade before new talks
The United States has tightened the sanctions noose around Iran’s petroleum industry by blacklisting 12 tankers that enable what Washington calls Tehran’s “illegal” oil sales, as part of its ongoing maximum pressure campaign.
Iranian oil loadings triple as crude prices near seven-month highs
Iran’s crude oil loadings have jumped almost threefold over the past week as tensions between Tehran and Washington intensify, pushing oil prices close to their highest levels in nearly seven months.
Iranian watchdog warns gas flaring on rise despite recovery drive
The Supreme Audit Court of Iran (SAC) has warned of surging gas flaring at the country’s oil and gas fields, saying the wasteful practice was costing billions of dollars each year.
Iran resumes gas exports to Iraq after two-month halt
Iran has resumed gas supplies to Iraq at a rate of 7mn cubic metres (mcm) per day, Iraq’s Electricity Ministry said, helping ease pressure on a power grid long strained by shortages.
Oman launches FEED tender for Saih Nihayda NGL project
OQ Group has issued a Front End Engineering Design tender for the Saih Nihayda natural gas liquids extraction plant, marking a significant step in expanding Oman’s gas processing capacity.
Turkish Petroleum sells $1bn debut five-year sukuk at 6.30% coupon
Turkish Petroleum has sold a $1bn debut sukuk eurobond (XS3304298287) due 2031 at a coupon rate and yield-to-investor of 6.30% (priced at 100), IFR reported on February 25.
Iran restores gas supplies to Iraq, meeting 40% of power demands
Iran has resumed natural gas exports to Iraq at a rate of about 7mn cubic metres per day, helping to ease pressure on the country’s struggling power sector.
Lufkin secures multi-year PDO contract in Oman oilfields
Lufkin Industries has secured a long-term performance agreement from Petroleum Development Oman to provide Rod Driven Progressive Cavity Pumping systems across the Marmul-Rahab-Thuleilat-Qaharir fields, known collectively as Marmul and RTQ.
UK Capricorn Energy aims to double oil operations in Egypt
UK energy services firm Capricorn Energy is looking to double its operations in Egypt's oil sector and to support energy infrastructure and skilled workforce
Turkey’s sovereign wealth fund reportedly in discussions on potential $10bn petrochemical project
Turkey's sovereign wealth fund is in discussions with international parties on a potential $10bn petrochemical project in the country, CEO Arda Ermut was reported on February 25 as saying.
Iraq's oil exports in January 2026 reach 107mn barrels, earning $6.5bn
The Iraqi Ministry of Oil exported a total of 107.6mn barrels of crude oil during January 2026, earning approximately $6.485bn in revenue
Iraq expects West Qurna 2 output to reach 800,000 bpd under Chevron management
Iraq expects the West Qurna 2 oil field to nearly double once US energy giant Chevron assumes operations.
Petrobel brings new oil well into production in Egypt’s Sinai
Petrobel, a joint venture between the state-owned Egyptian General Petroleum Corporation (EGPC) and Italian oil major Eni, has brought the Balaim Offshore 133 well into production in the Sinai fields
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