MEOG - Middle East Oil & Gas
Bidding for gas work heats up in Saudi
Awards are expected to be communicated by Aramco for the expansion of the Jafurah gas project as well as the Fadhili gas plant
US court finds Greek shipping firm guilty in controversial Iranian oil case, imposes $2.4mn fine
Despite optimism, Iraqi crude flows through Turkey on hold until October
Reports this week suggested that Iraqi oil exports to Turkey will remain suspended until at least October, with Turkish President Tayyip Erdogan planning a visit to Baghdad during the period.
China considers a return to Syrian oil imports
Reports from China point to the country’s state-owned oil and gas giant Sinopec having made moves to reopen long-ignored oil supply links in Syria.
Iran ready to build oil refinery in Burkina Faso
Saudi, Russian oil cuts rolled over until year-end
Saudi Arabia and Russia this week announced that they would extend the voluntary oil production cuts that were implemented in July until the end of the year.
Energy remains top topic at East Mediterranean summit
Leaders of Israel, Greece and Cyprus met in Nicosia on 4 September to discuss energy development in the East Mediterranean again, and the prospects for exporting their natural gas resources to neighbouring countries and especially Europe.
Saudi reportedly considering massive new Aramco share sale
Saudi Arabia is reported to be considering selling up to $50bn worth of shares in majority state-owned oil giant Aramco in a move that could mark the largest share sale in history.
Oman to launch IPO of OQ Gas Network
Oman is set to launch an initial public offering for a minority shareholding in state gas transmission operator OQ Gas Network (OQGN).
Zenith’s deal for OMV’s Yemen assets collapses
A controversial deal concerning oil E&P assets in Yemen was abandoned this week after required conditions were not met.
Iran's oil exports reach 1.85mn barrels per day
Iran's oil exports have surged during 2023, marking a 54% increase since the beginning of the current Gregorian year, Bloomberg reported.
Hopes for pipeline progress raised as Turkish, Israeli energy ministers discuss energy cooperation potential
MEOG: KOC extends services contracts
Iran’s oil flowing though threadbare sanctions
Iran is ramping up oil output and exports to near pre-sanctions level, latest reports and tanker tracking data indicate.
Gulf Keystone raises ‘going concern’ doubts amid lack of Iraq, Turkey deal on continuing oil exports
China eyes cheaper Iranian crude as Russian discounts dry up
With rising prices seen on Russian crude imports of late, speculation is rife in East Asia that authorities in Beijing will soon give the nod to increased imports of Iranian crude in the coming months.
ExxonMobil says world will fail to meet Paris goal in 2050
Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.
Major Iranian oil company reports 35% growth in output
Karoun Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has recorded a remarkable 35% increase in output over the past six months.
Turkey keen to restart Kirkuk-Ceyhan pipeline operations
Talks between Iraqi, Kurdish and Turkish authorities suggest that oil flows to the Mediterranean could be close to resuming
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