MEOG - Middle East Oil & Gas
HKN and ONEX agree deal for KRG’s Miran field
HKN Energy and ONEX Group have signed a deal with the KRG for the Miran gas field
Iran focuses on northern regions in fresh push for oil, gas deposits
Iran is pressing ahead with exploration efforts in a swathe of its territory, placing particular emphasis on the northern regions, said the head of exploration department of the National Iranian Oil Co., Mohyeddin Jafari.
Iran, Afghanistan voice desire to work together in oil, gas development
Iran and Afghanistan signalled their mutual desire to cooperate in the oil, gas and petrochemical sectors, with Tehran offering help to develop its neighbour’s growing petroleum industry.
Turkmenistan eyes Iran transit route to widen gas exports to other countries
Turkmenistan is looking to build up its gas exports to other countries by channelling supplies through Iran, Foreign Minister Rasit Meredow said during a visit to Tehran.
Iraqi oil returns to green zone as price exceeds $64 per barrel
Iraqi oil prices returned to an upward trend during daily trading in the global market on Tuesday, with the price per barrel exceeding $64.
Oman LNG signs sales and purchase agreement with Vitol
State-run Oman LNG has signed a sales and purchase agreement with Swiss-based Dutch multinational energy and commodity trader Vitol.
Iraq moves on with work at northern oilfields
Iraq’s North and Midland Oil companies are undertaking work to expand oil and gas production through E&P and well maintenance.
Turkey announces discovery of Black Sea natural gas reserve with economic value of $30bn
Turkey on May 17 said it has discovered a natural gas reserve in the Black Sea of 75bn cubic metres.
Iraq rediscovers its forgotten Somalian refinery after 45 years
An Iraqi oil refinery built in Somalia in the 1970s has remained abandoned for nearly 45 years, before re-emerging into public awareness during recent diplomatic talks.
Iran to hand gas fields to steelmakers to produce own energy
Iran plans to hand over the development rights of three untapped gas fields to the country’s steel manufacturers in a move designed to ensure energy supplies for the struggling sector, Deputy Oil Minister Hamid Bovard said.
Iran strikes drilling deals to push up output at border oil fields
Iran inked two drilling contracts aimed at stepping up production from its shared oil fields with Iraq.
Iran to fire up two new refineries to cut costly fuel imports
Iran plans to bring online two new oil refineries, a deputy oil minister said, amid efforts to narrow the gap between domestic fuel production and soaring consumption.
EOG awarded onshore concession for UAE unconventionals
US firm EOG has been awarded the UAE's 3,600-square km unconventional onshore Block 3
Iran overhauls Kharg oil tanks to shore up export capacity
Iran has brought two revamped crude oil storage tanks back online at its main export terminal on Kharg Island in the Persian Gulf, boosting its national storage capacity by 2mn barrels, officials said.
Iran’s oil, gas revenues hit 13-year high in 2024, official data shows
Iran’s oil and gas export revenues surged past $67bn in 2024, reaching their highest level in 13 years and signalling a major comeback for the sanctions-hit energy sector, new figures released by the Central Bank of Iran (CBI) reveal.
Iran shrugs off fresh US sanctions as 'failed' tactic amid oil sales to China
Iran’s Oil Minister Mohsen Paknejad hit back at Washington’s renewed push to choke off Iranian crude exports, calling the United States’ “maximum pressure” campaign a “worn-out slogan” and a “failed experience.”
Iran Oil Pension Fund enters international cooperation
The chairman of Iran's Oil Industry Pension Fund has announced the signing of its first international investment agreement with a neighbouring country, emphasising energy diplomacy and foreign investment development as strategic priorities.
Follow us online