MEOG - Middle East Oil & Gas

19 March 2025

Iran pushes ahead with Belal gas field development by installing rig foundation

18 March 2025

Iran has taken another step forward in the development of its jointly-owned Belal gas field in the Persian Gulf by installing a rig foundation, known as the platform jacket, to kick-start drilling operations.

Kurds in Syria want revised constitution after initial security deal with government

18 March 2025

Attacks on Syria’s minority Alawite community along the Mediterranean coast have continued in recent days by groups comprised of Sunni Muslims seeking revenge on the Alawites, who were aligned with the regimes of Hazef and Bashir al-Assad.

Nakilat marks cutting of first steel on LNG carriers

18 March 2025

Qatar's Nakilat has held a steel cutting ceremony for eight of its new LNG carriers at the Hanwha Ocean shipyard.

Red Sea tensions escalate as US and Houthis launch attacks

18 March 2025

The US and Yemen’s Houthi rebels have launched fresh attacks amid growing concerns over the safety of Red Sea shipping routes.

Iran dismisses US sanctions, says ‘no way’ to drive its oil sales to zero

17 March 2025

Iran insisted on March 17 that its oil exports could not be stamped out, as it had found ways to get around US sanctions.

Israel and Azerbaijan relations warm as SOCAR secures oil exploration licence

17 March 2025

Azerbaijan's national oil company SOCAR has secured exploration licences for Block "I" in Israel's Exclusive Economic Zone, Azerbaijan's Minister of Economy Mikayil Jabbarov announced.

Despite ongoing Kurdish issues, Iraq makes export progress

17 March 2025

Oil shipments from northern Iraq’s Kurdistan region are yet to resume but the Federal Iraqi government is making progress to expand its export capabilities

Iran eyes electricity as replacement for fossil fuels

16 March 2025

Iranian President Masoud Pezeshkian said his government was pushing ahead with plans to replace fossil fuels with electricity, despite the country sitting on some of the world’s largest oil and gas reserves.

Iran shrugs off US sanctions on oil minister as ‘futile’

16 March 2025

Iran played down the latest US sanctions targeting its oil sector after the US Treasury Department blacklisted Iranian Oil Minister Mohsen Paknejad.

US imposes sanctions Iran’s oil minister

13 March 2025

The United States has imposed sanctions on Iran's Minister of Petroleum Mohsen Paknejad and several entities involved in transporting Iranian oil to China.

Iraq's Maysan fields produce 300,000 barrels of oil daily

13 March 2025

The total production from oil fields in Maysan Governorate, eastern Iraq, amounts to approximately 300,000 barrels of crude oil and around 140mn cubic feet of associated gas.

Iraq aims to produce 450,000 bpd from Kirkuk's oil fields

13 March 2025

The Iraqi government aims to produce 450,000 barrels of oil per day and 400mn cubic feet of gas per day from Kirkuk's oil fields once renovated.

Iran’s oil output climbs in 2025 despite tougher US sanctions, OPEC data shows

13 March 2025

Iran’s oil production ticked up for the second month in a row in 2025, keeping the country in its position as OPEC’s third-largest producer, the cartel’s latest monthly report showed.

Chevron seeks alternatives to Venezuelan oil, Maduro regime slams ExxonMobil for alleged meddling

13 March 2025

Chevron is exploring options to replace Venezuelan crude at its refineries, looking to Mexico, Brazil, and the Middle East for alternative supplies and the Maduro regime slams ExxonMobil for alleged meddling

Saudi Aramco cuts crude prices for Asia

13 March 2025

Saudi Aramco has reduced crude oil prices for Asian buyers for April following the decision by OPEC+ to increase oil supply this month, according to Arab News.

Turkey’s TPAO and US oil producer Continental Resources link up to develop Diyarbakir Basin shale fields

12 March 2025

National oil company Turkish Petroleum Corporation (TPAO) has entered into a joint venture agreement with US oil producer Continental Resources to develop shale fields in the Turkey’s Diyarbakir Basin.

Iraq faces energy crisis as US revokes Iranian gas waiver

12 March 2025

British energy consultancies FGE and Platts have confirmed that the US decision not to renew sanctions waivers for Iraq includes Iranian electricity imports, not gas imports.

Siemens wins $1.6bn project to boost Saudi energy transition

12 March 2025

German company Siemens Energy has won a $1.6bn project with Harbin Electric International to provide technologies for two gas-powered electricity stations in Saudi Arabia.

TEHRAN BLOG: Iran faces perfect storm as energy crisis meets Trump's foreign policy

12 March 2025

Iran's energy crisis could push the country over the edge, with the Trump administration well aware of the plight of the Islamic Republic.

Iran completes largest land-sea seismic survey in oil-rich Khuzestan

12 March 2025

Iran has pulled off its largest two-dimensional and three-dimensional seismic survey in both land and water environments in the southwestern province of Khuzestan, said the head of the exploration department of the National Iranian Oil Co.

Colombian gas market faces challenges amid import plans

12 March 2025

President Gustavo Petro has announced that Ecopetrol will import natural gas directly from Qatar to mitigate domestic price speculation.