MEOG - Middle East Oil & Gas
Iran judiciary says billionaire Zanjani’s firms handed over in full to NIOC
Iran’s judiciary said 17 companies owned by notorious business tycoon Babak Zanjani had been fully transferred to the National Iranian Oil Co. (NIOC), rejecting reports that the assets had not changed hands.
Iran’s oil output surges by over 6% in July, IEA data shows
Iran’s crude oil production climbed by 6.1% in July, according to the International Energy Agency (IEA), putting the OPEC member’s output on an upward trend despite ongoing US sanctions.
Iran says gas import deal with Russia not finalised yet due to political, technical hurdles
A long-discussed gas import agreement between Iran and Russia is in limbo, with Tehran citing political and technical issues that have stalled the deal, the head of the National Iranian Gas Co. (NIGC) said.
Iraq signs deal with Chevron for Dhi Qar oilfields
Iraq signs deal with Chevron for Dhi Qar oilfields #bnm #iraq #chevron #nassiriyah #oil #gas #middleeast #oilfield #dhiqar
Iran’s NISOC says ‘not much time left’ to boost joint field output
The head of the National Iranian South Oil Co. (NISOC), the country’s largest crude producer, warned that “not much time is left to maximise extraction from shared oil fields” amid global shifts away from fossil fuels.
Turkey to sign agreement for oil and gas exploration fields in Pakistan soon, says minister
Turkey’s Energy and Natural Resources Minister Alparslan Bayraktar has announced that Ankara will soon sign an agreement for oil and gas exploration fields in Pakistan that it previously secured through a tender.
US aims to cut Iran’s oil exports to China ‘to zero,’ State Department says
The US State Department warned that the Trump administration was “determined” to drive Iran’s oil exports to China “to zero,” as Washington tightens the screws on Tehran in an effort to “target the main economic artery” of the country.
Iran says contingencies in place if sanctions snap back
Iran has drawn up contingency plans in case United Nations sanctions are reimposed through the so-called “snapback” mechanism, Oil Minister Mohsen Paknejad said as European powers threaten to revive punitive measures.
Minister says fuel stockpiles for Iranian power plants up 60% ahead of winter
Iran’s oil minister said fuel reserves at power plants had surged sharply compared with last year, amid concerns over winter shortages that triggered planned electricity blackouts across the country a year ago.
Details of Iraq-China agreement mechanism for project financing revealed
Iraq-China agreement account reaches IQD3.132tn in first half 2025 with daily oil allocation increased to 150,000 barrels to finance infrastructure projects through four-mechanism system.
Fire at Tehran Oil Refinery denied after social media videos go viral
Iranian officials denied reports of a blaze at the Tehran Oil Refinery after videos circulating on social media claimed the facility had gone up in flames.
Aramco continues asset monetisation with $11bn Jafurah deal
BlackRock-led consortium takes 49% stake in key gas infrastructure as questions emerge over the kingdom’s long-term strategy for its core energy assets
Iran’s NIDC completes development well at Yadavaran
The National Iranian Drilling Co. (NIDC) has completed drilling of the first development well in the joint Yadavaran oil field, part of a six-well project in the West Karoun cluster.
Iran launches first phase of NGL project to curb flaring
Iran brought online the first phase of a $1.6bn associated petroleum gas (APG) project, known as NGL 3100, in the western province of Ilam to put an end to flaring in oil fields near the Iraqi border.
COMMENT: What is Rosneft’s flagship Vostok Oil Project seeking to achieve?
Russia’s oil industry enjoyed a renaissance between 2008 and 2018 when about 30 new oil fields came online, significantly boosting production. The Vostok Oil fields hold some 45bn barrels of oil.
Saudi oil pricing manoeuvre may undermine secondary sanctions against Russia
Saudi Arabia's oil pricing increases for Asian buyers could boost Chinese purchases of discounted Russian crude, potentially undermining US secondary sanctions against Moscow's energy sector.
Iran’s oil giant overhauls 100 processing units to safeguard oil output
The National Iranian South Oil Co. (NISOC), the country’s largest crude producer, has been carrying out major overhauls on more than 100 processing units since April, with 27 of them prioritised due to their direct impact on oil output.
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