MEOG - Middle East Oil & Gas
Turkish state bank Halkbank asks US Supreme Court to review ruling stating it can be prosecuted in Iran sanctions evasion case
Turkish state bank Halkbank has asked the US Supreme Court to review a lower court ruling stating that it can be prosecuted for allegedly assisting Iran in dodging American sanctions.
China's ENN, Zhenhau Oil sign deals for ADNOC's LNG
China's ENN Natural Gas and state-owned Zhenhua Oil have each entered into term agreements to purchase LNG from ADNOC.
Shell reportedly eyes BP takeover in $300bn tie-up
While Shell is on an upward trajectory, BP’s disappointing share performance has fuelled speculation that it could be targeted for takeover.
ADNOC Drilling wins contract for newbuild island rigs
ADNOC Drilling has secured a significant contract to supply three technologically advanced island rigs
KOC nearing award of engineering contract for northern oilfields
KOC is nearing the award of an EPC contract, central to enhancing oil recovery operations in the country's northern fields
Iran’s drilling giant aims to boost efficiency after cutting downtime
The National Iranian Drilling Co. (NIDC) aims to further enhance its operational efficiency after slashing non-productive time (NPT) by 12% last year, its chief executive said.
Iraq completes field survey at Naft Khana
Iraq’s federal government has completed crucial preparatory work at the Naft Khana oilfield in Diyala province, potentially paving the way for drilling
OPEC+ members agree to add to production levels
A core group within the OPEC+ alliance has pressed ahead with plans to increase crude oil production for a third consecutive month
Syria open to investment in energy sector, says minister
Syrian Energy Minister Mohammed al-Bashir told a news conference in the Turkish city of Istanbul last week that Syria is open to foreign investment across its entire energy sector from exploration to mining.
Iran Oil Show 2025 to open doors this week with record-high participant numbers
The 29th International Oil, Gas, Refining and Petrochemical Exhibition, known as the Iran Oil Show, will kick off on 8 May in Tehran, with more than 2,000 domestic and international companies in attendance.
Egypt to resume annual imports of 12mn barrels of Basra crude oil
Egypt plans to resume the import of 12mn barrels of Basra crude oil from Iraq, starting in Q3 of 2025, following a suspension that lasted approximately a year and a half.
Trump threatens sanctions on buyers of Iranian oil, sending markets soaring
US President Donald Trump on May 1 ratcheted up pressure on Iran, threatening sanctions on any country or individual purchasing Iranian oil or petrochemical products.
Turkey’s TPAO to explore for hydrocarbons in Hungary with MOL
Turkish Petroleum Corporation (TPAO) is set to jointly explore for hydrocarbons in Hungary with that country’s oil, gas and petrochemicals group MOL.
US targets more firms, vessels over Iran petchem sales
The United States slapped sanctions on seven Iranian and foreign entities involved in Iran’s petroleum and petrochemical trade, in a fresh push to tighten the screws on Tehran’s revenue streams.
Iraqi Ministry of Oil signs contract with Chinese EPS to boost East Baghdad field production to 100,000 bpd
Iraq’s Basra moves away from Iranian Gas
Iraq cancels Akkas deal, signs off on Gharraf drilling
Baghdad has terminated a deal for the large Akkas gas field, while committing to a new drilling campaign at Gharraf.
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