MEOG - Middle East Oil & Gas

4 July 2024

Saudi Aramco agrees LNG supply deal with Sempra

3 July 2024

Saudi Arabian oil major Saudi Aramco has signed a 20-year non-binding LNG supply agreement with US-based energy company Sempra.

Investors consider selling stake in ADNOC Gas Pipeline assets

3 July 2024

GIP and Snam are considering selling their shares in ADNOC Gas Pipelines

Iraqi Oil Minister signals progress Kurdistan oil talks

3 July 2024

Iraq's Oil Minister has said that talks are ongoing with the KRG to resume oil exports

Iran selling crude to 17 countries, says oil minister

3 July 2024

Iran is exporting crude oil to 17 countries, Oil Minister Javad Owji said, confirming media reports that European nations had imported the commodity from the OPEC producer.

Lebanon delays deadline for third licensing round submissions to March 2025

2 July 2024

The spectre of a widening conflict in the Levant has prompted the government in Lebanon to extend the deadline for bidding submissions for the country’s third offshore licensing round to March 17, 2025.

Iran exported oil to EU countries in Q1, Eurostat data shows

2 July 2024

Two members of the European Union have imported crude and oil-derived products from Iran this year despite US sanctions on the Middle Eastern oil producer, the EU's official statistics agency said.

Foreign policy ignites election showdown between Iranian candidates

2 July 2024

The first debate between Iran's runoff presidential candidates on July 1 turned fiery as the contenders clashed over the nation's stance on foreign affairs, with the 2015 nuclear accord and the Financial Action Task Force (FATF).

Saudi confirms contract awards for gas expansion

1 July 2024

The Energy Minister and NOC of Saudi Arabia have confirmed a batch of contracts designed to drive the Kingdom’s gas expansion.

Iran becomes OPEC fourth largest crude exporter

1 July 2024

Iran has become the fourth largest exporter of crude and condensate in the Organization of the Petroleum Exporting Countries (OPEC), leaving behind Kuwait and Nigeria, figures released recently by oil analytics firm Vortexa showed.

Saudi Arabia signs contracts for major gas expansion projects

30 June 2024

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman on June 30 witnessed the signing of contracts for two significant gas projects, as the kingdom pushes forward with its energy diversification plans.

Saudi Aramco hikes LPG prices 9.5%, kerosene 43% in quarterly review

30 June 2024

Saudi Aramco announced on June 30 a significant increase in retail fuel prices as part of its quarterly review, with liquefied petroleum gas prices rising 9.5% and kerosene prices surging 43%.

Iran dominates global oil production growth in 2023, EI data shows

30 June 2024

Iran posted the largest growth in crude and condensate output among major global oil producers last year, an annual report by a leading London-based industry body showed.

Limited fire breaks out at Kuwait's al-Zour refinery, production unaffected

30 June 2024

The state-owned Kuwait Integrated Petroleum Industries Company (KIPIC) reported a minor fire incident at a storage facility within the al-Zour refinery on June 29.

Energean makes strategic sale of assets to Carlyle Energy valued at $945mn

28 June 2024

The operator of Israel’s offshore Karish gas field in the East Mediterranean, Energean, has announced the sale of its Egyptian, Italian and Croatian portfolio to Carlyle International Energy partners for an “enterprise value” of $954mn.