MEOG - Middle East Oil & Gas

Turkey revives plans to sell minority stakes in energy players TPAO and Botas to national investors

IOCs demand written deals before resuming Kurdish oil exports

IOCs in Iraqi Kurdistan are demanding written agreements before resuming oil exports

Iraq's North Gas Company resumes production after maintenance

Iraq renews agreement to supply heavy fuel oil to Lebanon, war losses hit $8bn plus

Iraq has renewed an agreement to supply Lebanon with heavy fuel oil to the end of January 2025, Walid Fayad, the acting minister of energy and water in Lebanon’s caretaker government, announced last week.

Iran eyes upgrading total petrol, diesel output to Euro standards

Iran plans to upgrade its entire vehicle fuel output to Euro 4 and 5 grades under a three-year programme, said Mohammad Sadeq Azimifar, the managing director of the National Iranian Oil Refining and Distribution Co. (NIORDC).

Petrol Ofisi completes acquisition of BP’s petrol stations in Turkey

ADNOC further extends BGP mega-survey

ADNOC has announced a $490mn contract extension with BGP to further advance its ongoing 3D seismic survey

Around 30 mcm of gas added to daily output since late July, Iran deputy minister says

Iran’s daily gas output has increased by around 30mn cubic metres (mcm) since late July when the government of President Masoud Pezeshkian took office, Deputy Oil Minister Hamid Bord.

GAIL inks long-term deal to purchase LNG from ADNOC Gas

Indian state-run energy firm GAIL has agreed to a 10-year sales and purchase agreement with the United Arab Emirates’ ADNOC Gas for the delivery of 0.52mn tonnes per year of LNG.

Iraq refuses fossil fuel phaseout at COP29

Iraq's parliamentary delegation has rejected calls to phase out fossil fuels at the United Nations Climate Summit COP29 in Baku, citing their crucial role in the national economy.

Iranian government issues energy directive amid gas shortage

Iran’s economic task force has announced energy-saving measures as part of efforts to tackle the country’s gas shortage ahead of winter.

Output soars at Iran’s twin oil fields in southwest

Crude oil production has surged by around 11% at the twin Sepher and Jofeir fields in the oil-rich province of Khuzestan in southwestern Iran.

US targets Syrian group for funding IRGC

The US has intensified economic measures against Syria’s Qaterji Group for providing funding to Iran's IRGC

Iran launches major renovation work at Kharg terminal

Iran's Oil Ministry has announced a significant renovation project for its key oil export terminal in the Persian Gulf

Iran’s gas extraction from South Pars at all-time high

Iran's natural gas extraction from the world's largest gas field, South Pars, has hit a daily record of 711mn cubic metres amid a surge in energy demand on the cusp of winter.

MEOG: Dana Gas commits to Khor Mor expansion

MP says Turkey earns $1.27 per barrel of oil piped through link allegedly providing Azerbaijani crude to Israel

Iran’s oil minister brushes off Trump’s return

Iranian Oil Minister Mohsen Paknejad downplayed concerns about the potential impact of Donald Trump’s return to the White House on the country’s oil exports.