MEOG - Middle East Oil & Gas

Saudi Aramco's net profit fell 15.4% in the third quarter

Iraqi oil exports to US rise in October

Output at Phase 11 of Iran’s South Pars gas field to rise by 20% ahead of winter

Iran is set to ramp up extraction from Phase 11 of the colossal South Pars (SP) gas field, with a 20% increase on the cards ahead of the peak winter months.

TEHRAN BLOG: Why a Trump win may not be good for Israel

Israel's close association with Trump might further alienate it from other regional players, while Iran, now open to negotiation, may see opportunities in the coming shifts.

Iranian crude exports bring in $27bn in seven-month period, customs office says

Iran has clocked up $27bn in crude oil and mazut exports over the first seven months of the current Persian calendar year (March 20-October 21), averaging a monthly haul of around $3.86bn.

OPEC output rises despite Iraqi cuts as unwinding is pushed back

has pushed back its planned easing of output cuts to the end of the year, just as production has risen despite Iraq’s compensatory efforts

Questions raised over little-known Chinese firms’ Iraqi licence awards

Iraq’s parliamentary Oil and Gas Committee has voiced concerns over the recent awarding of oil and gas concessions to Chinese firms, highlighting their apparent lack of international experience.

Iran oil slick persists near key export terminal three weeks after leak

Oil slicks appear to be still floating on the waters near Iran’s Kharg Island in the Persian Gulf three weeks after an undersea transmission pipeline sprang a leak four miles (6.4 kilometres) off the country’s largest crude export terminal.

Global oil supply to see major glut next year: World Bank

Global commodity prices are on track to slump to a five-year low next year, with an oil glut emerging so large that it will largely negate the impact of the Israel-Palestine war escalating into a regional Middle Eastern conflict.

MEOG: US base at Syria’s Omar oilfield under attack

Iraq signs gas field development deal with Chinese firm for 300 mmscfd capacity

Iraq signed a contract on October 31 with a Chinese consortium to develop the Mansuriya gas field in Diyala province, targeting production of 300mn standard cubic feet per day

MP exposes oil theft ongoing at Iranian refinery ‘for years’

Iranian lawmaker Malek Shariati blew the whistle on a brazen oil theft on a television programme from a refinery in Iran.

GGIP moving ahead on schedule as Qatar enters solar effort

TotalEnergies is on schedule on Iraq’s GGIP, with QatarEnergy acquiring a stake in the associated solar project

Shorter maintenance at shared oil filed earns millions for Iran

Shorter maintenance work at a crude oil processing plant in a major oil field in south-western Iran saved millions of dollars, said the CEO of the company operating the oil field.

Aramco mulls Vietnamese downstream investments

Saudi Aramco is eager to invest in Vietnam's oil refinery and petroleum distribution sectors.

OQEP makes underwhelming debut following IPO

OQEP had a disappointing debut following the launch of shares