MEOG - Middle East Oil & Gas
Iran takes key step to become regional gas hub
As Iran is gripped by election fever to choose a successor to president Ebrahim Raisi, who died last month in an aerial crash, the Oil Ministry has made a shrewd move to establish the country as a regional gas hub.
Leviathan partners to take FID on Phase 1B following ministry approval
The partners in Israel’s Leviathan gas field are expected to take the decision to invest in engineering work for the field's expansion.
Turkmenistan could stand in way of Russian plan for gas export route running to Iran, says analyst
Turkey’s EPDK releases 2023 gas data
Turkey’s Energy Market Regulatory Authority (EPDK) reported this week in its latest annual gas report that Turkey imported 50.48bn cubic metres of natural gas during 2023, a decline of 7.64% from the 54.22 bcm of gas imported during 2022.
Iran, Russia’s Gazprom sign memo on gas supplies
The National Iranian Gas Company and Russia’s energy giant Gazprom have signed a strategic memorandum of understanding to bring Russian pipeline gas to Iran.
Trans Mountain reshuffling oil flows to North America from Iraq, Brazil
US West Coast refiners are replacing their heavy oil imports from Iraq with cheaper crude from Canada because of the expanded Trans Mountain pipeline from Alberta’s oilsands to the Pacific Ocean in British Columbia.
Saudi Aramco and Sempra sign agreement for LNG project expansion
Saudi Aramco and North American energy infrastructure company Sempra announced on Wednesday the execution of a non-binding 20-year agreement between their subsidiaries for the purchase and sale of 5mn tpy of LNG.
Iraqi upstream remains in vogue
A spate of recent activity suggests that the potential of Iraq’s upstream continues to outweigh many of the challenges associated with it
Fossil fuel use reaches global high
A new report finds that fossil fuel energy use rose to a record high in 2023, despite efforts to combat climate change.
Israel emerging as source of tension in Azerbaijan’s special relationship with Turkey
War in Gaza and domestic politics in Turkey create cracks in Azerbaijani-Turkish alliance.
Iran commissions 17 petroleum projects to earn $2bn annually
The Iranian Oil Ministry went on a launching spree on June 24 to bring online 17 major petroleum projects nationwide several weeks before the term of the current government comes to an end.
ENEOS the latest to sign up Qatari naphtha supplies
ENEOS has signed a long-term deal for naphtha supply offtake from QatarEnergy.
MEOG: Enersol adds to Gordon Tech stake
Iran's oil minister denies ‘massive discounts’ in oil sales
Iran’s Oil Minister Javad Owji denied claims that Tehran was “giving away” crude oil with “massive discounts,” after two presidential candidates criticized the outgoing government for “wasting” oil revenues with markdowns.
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