MEOG - Middle East Oil & Gas

Iran releases prices for feedstocks

Iran’s Ministry of Petroleum has rolled out significant increases in natural gas prices for various industrial sectors, including petrochemical feedstock, industrial fuel, steel production and cement manufacturing.

Saudi Arabia committed to 12.3mn bpd oil capacity, says energy minister

Saudi Arabia will maintain its crude oil production capacity at 12.3mn barrels per day while pushing ahead with renewable energy development, Energy Minister Prince Abdulaziz bin Salman told the Future Investment Initiative conference in Riyadh.

Reports of damage at Iranian refinery during Israeli strikes rejected

The Iranian Oil Ministry's Shana News Agency on October 29 rejected media reports that a major refinery the south-western Khuzestan province was pounded in Israeli air strikes over the weekend.

Wood wins engineering work for Aramco gas expansion

Wood has been selected by Aramco to carry out engineering services to support gas expansion

US base at Syria’s Omar oilfield comes under attack

Several explosions were heard at the US base at Syria's Al-Omar oilfield.

Oil prices tumble as Israel strikes on Iran avoided oil facilities

Oil prices took a nosedive in global markets on October 28 after a series of Israeli attacks on Iran over the weekend spared the country’s oil infrastructure.

Kuwait’s oil sector awards and extends contracts

Kuwait’s central tender agency has moved forward with several key contracts and extensions

Turkey prepares for offshore, onshore exploration work in Somalia

The arrival of Turkish seismic vessel Oruc Reis in the port of Mogadishu last week signals that Turkish Petroleum (TPAO) is ready to begin an oil and gas exploration programme in the Indian Ocean off the coast of Somalia.

Jordan provides update on imports from Iraq

Jordan’s crude oil imports from Iraq ran at 10,226 bpd in September

MEOG: GL buys stake in Turkish gas field

Iran gas usage skyrockets as cold snap hits 11 provinces

Iran's natural gas consumption surged dramatically in a four-day time amid a sudden drop in temperatures ahead of the winter.

Saudi Arabia launches first hydrogen-powered taxis in sustainability push

Iran facing ‘apocalyptic’ energy crisis, petchem official says

Iran’s energy crisis is “apocalyptic,” the CEO of a state-owned petrochemical plant said as he warned of “far-reaching consequences” for the country’s economy.

Iran moves to contain oil spill off Kharg Island

Iranian authorities have been battling to contain an oil spill that occurred on October 17, 6.4 km from its main crude oil export terminal on Kharg Island, according to a report made by Iranian media outlet IRNA.