MEOG - Middle East Oil & Gas
Baghdad intensifies drive to boost Rumaila oil output
The Iraqi Drilling Co. has accelerated a drilling programme at the supergiant Rumaila oilfield
Pakistan considers new oil routes from UAE, Saudi Arabia
Pakistan is considering importing its crude oil from Saudi Arabia and the UAE through pipelines if the Strait of Hormuz is shut down due to the ongoing war between Iran and Israel.
ISRAEL-IRAN WAR: Tehran petrol queues persist despite stable fuel supplies
Tehran continues to experience petrol queues caused by unnecessary visits from residents, whilst fuel supplies remain stable throughout Iran and queues have cleared in all other cities.
Oil prices retreat as Tehran signals de-escalation
Crude benchmarks have fallen as Iranian seeks a ceasefire with Israel
Iranian mines in the Straits of Hormuz could shut down a fifth of oil flows in a week
Iran has somewhere between 5,000 and 6,000 naval mines, according to US intelligence estimates, which it could use to block the Straits of Hormuz and halt the flow of a fifth of the world’s oil traffic in a week.
ADNOC to make takeover bid of Australia’s Santos
The United Arab Emirates’ state-run Abu Dhabi National Oil Company will submit an all-cash AUD28.6bn takeover bid for Australian oil and gas producer Santos.
COMMENT: Israel-Iran conflict intensifies with limited macro fallout but mounting geopolitical risk
The recent escalation in hostilities between Israel and Iran has signalled a shift from earlier, more calibrated exchanges to a broader and more sustained confrontation.
Jordan's NEPCO activates emergency plan amid disruption of gas supplies from Leviathan field
ING: Oil in focus as Israel-Iran conflict escalates
Commodity markets are focused on escalating geopolitical tensions between Israel and Iran, with the Middle Eastern conflict sparking a surge in oil prices.
Iraq boosts air defences to safeguard oil infrastructure
Iraqi authorities have deployed air defence systems near an oilfield in the country’s south in a precautionary move amid escalating regional tensions.
Iraq’s OEC to develop 30 oil projects as part of five-year plan
Iraq's Oil Exploration Co. (OEC) is preparing to launch more than 30 new oil projects to develop untapped gas reserves
Chevron halts production at Israel’s Leviathan gas field amid air strikes
Chevron has been forced to suspend production at Israel’s flagship Leviathan gas field amid security concerns after recent airstrikes
Iran denies Israeli attack on Tehran Refinery, confirms strikes on fuel depots
Iran’s Oil Ministry dismissed reports of an Israeli airstrike targeting the Tehran Oil Refinery, located in the southern suburbs of the capital in Shahr-e Rey, saying that the facility remained fully operational.
ADNOC and Inpex progress to production phase of Abu Dhabi's Onshore Block 4
ADNOC and Japan’s Inpex have moved forward to the production phase of the emirate’s Onshore Block 4 concession, which is estimated to hold around 1bn barrels of oil equivalent.
BREAKING: Israel strikes oil depot in Shahran and fuel tank in western Tehran
Israeli forces have targeted the Shahran oil depot and a fuel tank in western Tehran as Iran strikes back at Haifa oil refinery.
Israeli strike sets ablaze Iran's largest gas field as energy infrastructure targeted
Phase 14 of Iran’s mammoth South Pars gas field, the world’s largest natural gas reservoir, was struck in an Israeli attack, setting parts of the facility ablaze.
Iran denies Israeli strike on Tabriz refinery
Iranian officials on Saturday denied reports that the Tabriz oil refinery in the country's northwest had been hit in an Israeli air strike, calling them "rumours."
Oil prices soar sharply amid Israel-Iran escalation, fueling fears of fuel disruption
Oil prices jumped on June 13 as mounting military tensions between Israel and Iran rattled global markets, triggering the largest one-day price jump in over two years.
Iran assures oil refinery operations continue following Israeli strikes
None of Iran’s oil refineries were targeted in the overnight Israeli attack on Iran, the state fuel distributor said in a statement amid a rush of motorists to petrol stations nationwide to fill up their tanks.
US is looking at question of how its sanctions are blocking Turkmenistan’s deal to supply gas to Iraq via Iran, says report
US officials are assessing the situation as regards the deal under which Turkmenistan wishes to supply Iraq with gas via Iran, an agreement that Baghdad says has been stymied by Washington sanctions on Tehran, Iraqi News reported on June 12.
Israel may launch attack on Iran, US officials say
Officials from the US and Europe have warned that Israel is preparing to launch an attack on Iran – a move that could derail the Trump administration’s efforts to prevent Iran from developing nuclear weapons.
Iran oil exports remain steady despite mounting US sanctions, says oil minister
Iranian Oil Minister Mohsen Paknezhad insisted that the country’s crude exports had not declined and that sanctions had no major impact on the flow of its crude sales, amid heightened US pressure on its oil industry.
Iran begins gas compressor station overhauls to prep for winter
Iran’s National Iranian South Oil Co. (NISOC) has started summer overhauls of its gas compressor stations to gear up for peak winter demand and ensure stable transmission to the national gas trunkline, an official said.
Iran boosts heavy crude transport capacity with pipeline switch
Iran has reassigned a key oil pipeline to heavy crude transport following the launch of a new 30-inch pipeline for light crude from the West Karoun oil region in the southwest, a senior official at the National Iranian South Oil Co. (NISOC) said.
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