MEOG - Middle East Oil & Gas
US sanctions 16 individuals and 60 entities over Iran oil and petrochemical trade
US Treasury sanctions 16 individuals and 60 entities across India, China, UAE, Turkey and Hong Kong for facilitating Iran's oil and petrochemical exports, adding 33 vessels to sanctions list.
Iraq restarts Kurdistan oil exports after 30-month suspension
Iraq restarts Kurdistan Region oil exports through Turkey's Ceyhan port after 30-month halt, with current flow at 185,000 barrels per day expected to rise to 230,000 bpd following Baghdad-Erbil agreement.
Syria’s Energy Minister assesses operations at al-Taim oil and power stations
Syrian Minister of Energy Mohammad al-Bashir visited the al-Taim oil field and the nearby al-Taim power generation plant in Deir ez-Zor, to assess the current status of operations and review the progress at both sites.
Iran to begin developing reserves in Pazan field
Iran plans to begin development of the newly discovered oil and gas reserves in Pazan field in the south of the country, with private investors taking the lead, a senior official at the National Iranian Oil Co. (NIOC) said.
Iraq secures deal with Exxon Mobil for Majnoon oil field expansion
Exxon Mobil signed an agreement with Iraq to help develop the country’s Majnoon oil field and expand its oil export infrastructure, marking the return of the American oil giant after a two-year absence
Algeria, Oman’s Petrogas ink study deals to assess oil potential in Touggourt, Berkine
Algeria’s state hydrocarbons agency Alnaft signed two study agreements with Oman’s Petrogas on October 8 in the western city of Oran to assess oil and gas prospects in the Touggourt and Berkine basins, Al24 News wrote.
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