MEOG - Middle East Oil & Gas

Iran takes aim at energy consumption with sweeping reforms

Iran is seeking to cut down high energy consumption through efficiency and saving measures enshrined in a sweeping government-proposed bill.

Israel makes licensing awards amid conflict

Israel has announced the results of its fourth competitive licensing round, handing 12 offshore licences to six companies

Iran's daily oil sales to China soar beyond 1.8mn bpd

Iran’s crude exports to China have hit a record high in five years, skyrocketing to more than 1.8mn barrels per day in October, showed data from Brussels-headquartered analytics group Kpler.

Iran’s daily crude output hits five-year high of 3.4mn barrels per day

Iran's crude production has been on a consistent upward trend, with consecutive highs reached in August, September, and October, according to figures released by the Iranian oil ministry and OPEC.

Iran's gas export revenues soar by 125% in H1

Fresh data from the Trade Promotion Organization of Iran indicates a growth of almost 125% in gas-export income compared to the corresponding period a year earlier.

Iran looks to solar power to solve energy shortages

Subsidised prices, over-reliance on gas and oil, and a lack of investment (partly due to international sanctions) have led to worsening energy shortages.

Kyrgyzstan asks Iran for oil-product supply

Highlighting its demand for petroleum products – particularly gasoline, gas oil, jet fuel, kerosene and bitumen – Kyrgyzstan has requested Iran to supply much-needed oil products to the central Asian nation.

Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza

Observers recall 2020 Netanyahu comment that Turkish leader “used to call me Hitler every three hours, now it’s every six hours but thank God trade with Turkey is up’”.

MEOG: Iraq says ready to resume Turkey exports

Sanctions impede Iran's SCO expansion plans, says former ambassador to China

In a recent assessment, Hossein Malaek, Iran's former ambassador to China, highlighted the primary hurdle in Iran's efforts to bolster its ties with member states of the Shanghai Cooperation Organization (SCO).

ADNOC Gas signs LNG supply deal with JERA

The gas arm of Abu Dhabi National Oil Co. (ADNOC) this week signed an LNG supply agreement with the trading subsidiary of Japan’s largest power generation firm.