MEOG - Middle East Oil & Gas
Growing tensions between Hezbollah and Israel bode ill for Lebanon’s hydrocarbon hopes
The growing tension between Lebanon’s Hezbollah militia and the Israel Defence Force along the border between the two states makes any chance of Lebanon moving forward with its oil and gas exploration program in the near future far from likely.
No new US president can stop Iran’s crude flow, oil minister says
Iran will continue to export its crude oil regardless of who becomes the next US president, Oil Minister Javad Owji said on June 19, amid calls on the White House to implement new sanctions targeting Iranian oil sales.
ADNOC Drilling JV picks up stake in Gordon Technologies
A joint venture between the drilling arm of Abu Dhabi National Oil Co. (ADNOC) and Alpha Dhabi Holding, is poised to become the majority stakeholder in Gordon Technologies.
Aramco and ADNOC advance their LNG portfolios
ADNOC and Aramco are competing for LNG offtake while the Emirati firm progresses with its own liquefaction project.
Qatarenergy signs another 10-year naphtha supply deal
State-owned QatarEnergy this week signed another deal to supply naphtha to an Asian customer, this time agreeing to supply India’s Haldia Petrochemicals Ltd (HPL) with up to 2mn tonnes over 10 years.
Iran signs deals for development of two oil fields
The Iranian Oil Ministry has handed over two underdeveloped oil fields to local companies to crank up crude production by 78,000 barrels per day.
Russia to develop more Iranian oil field, Owji says
Russia will invest to develop more Iranian oil fields, Iran’s Oil Minister Javad Owji said after a meeting of the Tehran-Moscow Joint Economic Cooperation Commission in the Russian capital.
MEOG: PTTEP picks up Ghasha stake
Iran roundly rejects ‘big discounts’ in oil trade with China
The Iranian Oil Ministry flatly rejected a media report that the Islamic Republic had offered “big discounts” to China to boost crude exports amid US sanctions.
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