MEOG - Middle East Oil & Gas

UAE's ADNOC Gas takes FID on Rich Gas project

ADNOC Gas is progressing on another major gas initiative as it moves ahead with various billion-dollar investments to achieve gas self-sufficiency

Iran speeds up upstream oil, gas contracts to six-month window

A senior investment official at the National Iranian Oil Co. said a new approval by the Economic Council had “significantly reduced” the time required to finalise upstream oil and gas contracts, from proposal to signing.

Iran ramps up Phase 11 gas extraction at South Pars by 60%

The Iranian state-owned Pars Oil and Gas Co. (POGC) said daily natural gas extraction from Phase 11 of the giant South Pars field rose by 60% during the first 10 months of President Masoud Pezeshkian’s government.

US-China trade optimism pushes oil prices higher

China ceased all imports of US crude in March but continues to source from elsewhere; a far cry from the heady days of 2020 when Beijing was importing 481,000 barrels per day of American oil.

Work continues on Iran's first mini LNG project

Iran's first privately-backed, mini-LNG project is reported to have reached 44% completion

Iran’s South Pars slashes gas flaring at three refineries, officials say

The South Pars Gas Complex (SPGC), Iran’s largest natural gas producer, has significantly brought down gas flaring in three of its refineries in recent years, officials said, in a move aimed at cutting greenhouse gas emissions.

Iraq accuses Kurdish govt. of causing significant losses

The Iraqi Ministry of Oil has sharply criticised the Kurdistan Regional Government (KRG) for its persistent failure to hand over crude oil revenues.

Iran brings online first infill well in phase 1 of its mammoth gas field

Iran has added around 1.8mn cubic metres per day to its natural gas output with the completion of the first infill drilling well in Phase 1 of the South Pars gas field, the country’s largest source of gas.

IGU on LNG risks and opportunities

Russia’s Gazprom has quietly shelved Turkey gas hub plan, says report

Project praised by Putin no longer seen as viable, sources at energy giant cited as saying.