MEOG - Middle East Oil & Gas
Iraqi PM says disagreements continue to delay pipe restart
Efforts to restart the Iraq-Turkey oil pipeline continue to be delayed by political disputes
Iraqi driller restores wells at key oilfields
The Iraqi Drilling Co. has completed restoration wells at West Qurna-1 and Zubair oilfields
Up to $35bn needed in investment to tackle power deficit, says Iranian business leader
Iran needs to attack $30-35bn investment over the next four years to overcome its rising power shortage, a top businessman warned.
‘Timeline’ needed to implement gas deal with Turkmenistan, Iran says
The CEO of the Iranian National Gas Co. (NIGC) Saeed Tavakkoli said that the implementation of a recent gas deal with neighboring Turkmenistan “called for a timeline.”
QatarEnergy eyes expansion of LNG carrier fleet
QatarEnergy is in talks with several South Korean shipbuilders for the purchase of 20 new LNG vessels.
Qatar awards more North Field work as Iran claims outperformance
Iran and Qatar are both pushing to expand gas production as they work to achieve national strategic goals
Thailand's PTT strikes five-year deal for Omani LNG
Thailand’s biggest energy company PTT has signed a five-year contract to receive LNG from Oman.
Israeli MKs call for abrogation of maritime agreement with Lebanon
Two right-wing Israeli members of the Knesset have appealed to Prime Minister Benjamin Netanyahu to abrogate the maritime agreement reached in October 2022 with Lebanon over an 860-square km slice of the East Mediterranean claimed by both countries.
Britain reportedly cracking down on Iranian oil tycoon’s empire
The UK government is reportedly trying to shut down an oil trading empire run by Hossein Shamkhani, the son of Ali Shamkhani, the former secretary of Iran's Supreme National Security Council.
Turkey to ink LNG contract with TotalEnergies
Turkey is expected to agree to a long-term LNG deal with France’s TotalEnergies.
Pakistan to request Qatar cut LNG supplies
Pakistan is preparing to formally request Qatar reduce its liquefied natural gas (LNG) supplies to alleviate pressure on its gas utilities.
Partners working to raise output at PNZ’s Wafra
Kuwiat and Saudi Arabia are working to raise oil production from the Wafra oilfield
Iran’s twin oil fields set to ramp up output in three months
Iran plans to ratchet up production from its Sepehr and Jofeir oil fields in the southwestern Khuzestan Province by 28% in three months, said the project manager for the development of the pair.
Iran’s state-owned oil giant to get massive loan to expand output
The Central Bank of Iran (CBI) has been tasked with providing a $3bn loan to the National Iranian Oil Co. (NICO) in a week aimed at ramping up crude oil production by 250,000 barrels per day (bpd).
MEOG: OQ plans IPO of exploration arm
Iraq's North Oil Company prepares Kirkuk fields for handover to BP
Dana gas consortium files arbitration against contractor for Kurdistan gas project
Iranian oil prices nosedive amid sluggish growth in output
The Organization of the Petroleum Exporting Countries (OPEC) reported a sharp decline in Iran’s oil prices amid a slight growth in the country’s crude production.
Saudi Arabia to boost oil exports to China by 7% in October
Saudi Arabia is set to increase its crude oil exports to China by 7% in October compared to September levels, reaching 46mn barrels or 1.48mn barrels per day (b/d).
Abu Dhabi awards production concession to India's UBPL
Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA) on September 11 announced the granting of a production concession to India’s Urja Bharat Pte. Limited (UBPL).
Global heating could exceed 3°C by end of century, say researchers
Methane emissions are rising faster than ever before, says new research led by Stanford University. The problem is so dire that global heating could exceed 3°C by the end of century, a level at which there would be chaos at an unprecedented level.
Iraq pushes back oil production target to 2028
Iraq has reiterated its plans to raise oil production capacity to 6mn bpd, but by 2028 rather than 2027.
Iranian pump owners' union says fuel smuggling is systematic
The spokesperson for Iran's Fuel Stations Union said that 25mn litres of petrol were smuggled out of the country every single day in a wholesale and systematic way involving “hundreds of road tankers.”
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