MEOG - Middle East Oil & Gas
Russia’s Gazprom CEO in Iran for energy talks
Alexei Miller, the head of Russia’s energy giant Gazprom, has travelled to Iran, where he met senior official, the state-owned company said on May 15.
Kazakhstan pushes for increased oil output in 2025, sparking OPEC+ conflict.
Kazakhstan has requested a discussion within OPEC+ regarding future oil production levels. It is pushing to increase its oil output by 2025, coinciding with the expiration of the current production cuts imposed by the alliance (OPEC+).
Iran seeks closer cooperation with Russia on gas via a joint research centre
Iran called for the establishment of a joint research centre with Russia to foster cooperation in the gas industry and “pinpoint opportunities” in global markets.
Iran has no plan to export gas to Europe, top gas company says
The CEO of Iran’s top gas company said there was no plan to supply gas to Europe, after a Foreign Ministry official raised the possibility of exports to Eastern Europe via Turkey.
Anticipation builds ahead of decisive OPEC+ meeting
Speculation is rife as the group prepares to decide whether or not it should stick to the current 2.2mn bpd of cuts
Turkish, Greek leaders meet and plan to improve relations
Turkey’s President Recep Tayyip Erdogan on 12 May welcomed the prime minister of neighbouring Greece, Kyriakos Mitsotakis, to Ankara.
KPC renews crude supply contract with Unipec
State-run Kuwait Petroleum Corp. (KPC) has extended a crucial contract with Chinese trader Unipec, securing a supply of around 300,000 barrels per day of crude oil.
ADNOC awards unconventional contract to drilling arm
ADNOC Drilling has been awarded a $1.7bn contract by its parent firm to provide drilling services for unconventionals.
MEOG: Aramco posts Q1 results
Chinese firms dominate bidding in Iraq’s LR5+ and LR6
Chinese companies have emerged as the dominant winners in Iraq’s recent oil and gas licensing rounds
Iraq shifts stance on oil cuts with a complete u-turn, signals compliance with OPEC+ quotas despite prior resistance
Hayan Abdulghani stated the Ministry of Oil has completely changed its mind from its prior statements.
Iran raises possibility of gas exports to Europe via Turkey
Iran's natural gas could reach Eastern Europe via Turkey, a senior Iranian Foreign Ministry official said, amid renewed US pressure to choke off the Islamic Republic’s revenues.
Iran in need of $104bn in investment to address gas shortage
Iran needs $104bn in investment in the next eight years to overcome its chronic natural gas shortage, the energy management director general of the Oil Ministry said.
Jordan seeks resumption and renewal of Iraqi crude supply
Iraqi oil exports to Jordan were unexpectedly halted on April 22, amid political pressure from Iraqi MPs.
Iran hands over 15 oil and gas fields for development to local firms
The National Iranian Oil Co. (NOIC) has closed eight deals with local exploration and production companies to develop 15 oil and gas fields.
Iran vows to develop disputed gas field amid row with Kuwait, Saudi Arabia
Iran reaffirmed its right to exploit a disputed gas field in the Persian Gulf, after media reports suggested that Kuwait and Saudi Arabia had officially cut Iran out of the underwater reservoir and began developing it jointly.
UAE oil giant’s refining capacity soars, boosting crude exports
The United Arab Emirates’ largest oil company has ramped up the exports of its top-notch Murban crude oil after upgrading a major refinery.
Follow us online