MEOG - Middle East Oil & Gas
New chief of Iran’s gas giant puts output damaged plant repairs top of agenda
The new head of Iran’s Pars Oil and Gas Co. (POGC) has made sustaining maximum output from the South Pars gas field and accelerating repairs to facilities damaged in Israeli attacks his main priorities.
Three more tankers hit in Hormuz as shipping tensions mount
Iran’s Revolutionary Guards said on November 3 that three more oil tankers had caught fire after striking sea mines while trying to cross the Strait of Hormuz, as tensions over control of the strategic waterway are running high.
Iran calls for private investment to diversify gas imports
Iran is seeking to bring onboard the private sector to import natural gas from neighbouring countries to diversify supplies and advance a planned deal to bring gas from Russia.
Iraq discusses new power projects with Italy's Ansaldo Energia
Iraq's National Investment Commission (NIC) has discussed potential electricity infrastructure investments with Italian energy company Ansaldo Energia, including power generation projects and the use of associated gas from oil production.
Ecuador signs framework deal with UAE's ADNOC to draw oil investment
Ecuador has signed a framework agreement with the government of the United Arab Emirates, state oil company Abu Dhabi National Oil Company (ADNOC) and international firms to attract investment into its hydrocarbons sector.
Libya's NOC warns pipeline closure threatens 15,000 bpd of crude supplies to Zawiya refinery
Libya's National Oil Corporation (NOC) warned that an armed group's closure of a pipeline valve could disrupt approximately 15,000 barrels per day of crude supplies to the Zawiya refinery
Africa’s refinery boom draws billions while financing and crude-supply risks mount
Libya, Ghana, Nigeria, Kenya and Angola are pushing billions into new refineries, but funding gaps, scarce crude and fading margins threaten Africa’s plans.
Morocco extends fuel subsidies for road transport operators
Chevron plans to expand Egypt gas exploration following positive Nargis-2 appraisal results
US energy major Chevron plans to expand natural gas exploration in Egypt following positive appraisal results from the offshore Nargis-2 well,
QatarEnergy launches first GTL spot tender since February for November loading
QatarEnergy has launched its first spot tender since February, offering 54,000 tonnes of gas oil and gas-to-liquids (GTL) diesel for November loading.
Abu Dhabi's ADNOC reaches final investment decision on Al Dhiab unconventional gas basin
Egypt’s LNG imports top 2025 record as Cairo pushes East Mediterranean gas hub ambitions
Egypt imported 10.52mn tonnes of LNG in January–September 2026, already above 2025’s record, as it extends a 14-block bid round and advances Cyprus gas links via Cronos and Aphrodite.
Lebanon and Qatar negotiate over power generation agreement to save Lebanese national grid
Lebanon and Qatar will resume negotiations this week to finalise an integrated Build-Operate-Transfer power generation and 20-year natural gas supply agreement, Lebanese Energy Minister Joseph Al-Saddi confirmed.
Abu Dhabi's XRG enters Australian market by acquiring Shell's stake in LNG project
Abu Dhabi-based energy group XRG announced that it will acquire Shell’s stake in Australia’s North West Shelf LNG project for $1.45bn.
Abu Dhabi's ADNOC seals five-year LNG supply agreement with TotalEnergies
Abu Dhabi's ADNOC Gas announced that it has signed a five-year agreement to supply TotalEnergies with up to 1.6mn tonnes of LNG.
Iran completes gas storage at Sarajeh facility ahead of winter demand
Iran has finished filling its Sarajeh gas storage site near Qom, which holds about 1.25bn cubic metres, as the country braces for a winter shortfall of 400mn cubic metres a day.
Iran’s oil giant widens exploration search to include hydrogen, helium
The National Iranian Oil Co. (NIOC) plans to extend exploration studies to five regions beyond the Zagros Mountains and search for resources ranging from natural hydrogen and helium to shale oil and gas, its integrated planning director said.
Iran warns heavy gas users of cuts and higher bills as winter shortages loom
Iran will impose higher gas tariffs or cut supplies to heavy users who fail to curb consumption, officials said, as the country braces for winter shortages worsened by damage to processing facilities in an Israeli strike.
Indonesia, India and Pakistan race to stockpile oil after Hormuz shock - McKinsey
Importers that entered the Hormuz crisis with empty tanks are racing to build oil stockpiles, but announced plans add only 7% to global crude stocks.
Iraq, Jordan and Egypt explore new oil export routes
Iraq, Jordan, and Egypt discussed technical plans for the Basra–Haditha crude oil pipeline and proposals to develop additional export routes through the Red Sea and Mediterranean.
Iran says Hormuz stays shut until US ends blockade, ball in Washington's court
Iran's foreign ministry says the Strait of Hormuz will stay shut until the US lifts its naval blockade, and that Vance's letter to Tehran offers no new initiative.
Abu Dhabi's ADNOC finalises investment decision for Al Dhiyab gas project
The Abu Dhabi National Oil Company announced that it has finalised its investment decision for the Al Dhiyab unconventional gas project, targeting 9.77mn m3 of daily output by 2029.
Abu Dhabi's ADNOC signs historic AI deal with OpenAI and G42
Abu Dhabi’s ADNOC has signed a multi-year partnership with OpenAI and G42 to become the first energy major to deploy advanced AI agent networks across its entire production chain.
Egypt extends oil and gas exploration bidding deadline for six blocks to December 14
Egypt is advancing an international oil and gas exploration licensing programme covering 14 blocks, including eight natural gas exploration areas in the Mediterranean Sea, Nile Delta and North Sinai
Qatari LNG vessel hit travelling through Gulf
A liquefied natural gas tanker operated by Qatar’s Nakilat has sustained damage after being struck by unidentified objects while travelling through Gulf waters.
Iraq crude output tops 4mn bpd as Kurdish export deal holds
Iraq's crude output has climbed above 4mn barrels per day (bpd), and the tripartite deal governing Kurdistan Region exports remains in force
OPEC+ holds December output steady as 2027 call looms
OPEC+ left December production targets unchanged on November 1, deferring any fresh policy move into next year as the group grapples with Iran war export disruptions
Syria’s upstream revival begins to take shape
Framed by a flurry of Damascus meetings and a rig tender for Block 26, Syria’s post-sanctions oil and gas sector is edging from aspiration to execution
Egypt plans New Alamein land tenders as Eastern Desert oil exploration advances
Egyptian authorities have reportedly recovered more than 815 feddans of state-owned land in New Alamein City, valued at over $357mn ($6.4mn)
Iran faces daily gas shortfall of 400mn cubic metres, deputy minister warns
Iran’s deputy oil minister has sounded the alarm about a looming gas shortage during the coming winter, saying that the country could face a shortfall of up to 400mn cubic metres (mcm) per day.
Iran starts drilling new well at South Pars Phase 11 to boost gas output
Iran has begun drilling a 13th well at Phase 11 of the South Pars gas field, more than a month after output from the phase hit a record 28.3mn cubic metres (mcm) per day.
Iranian crude shipment arrives in China after 3.5-month voyage at sea
A tanker carrying 2mn barrels of Iranian crude oil has docked in China after spending three and a half months at sea, monitoring service TankerTrackers.com said.
Hormuz shipping incidents mount as Iran-US tensions threaten fragile calm
Six incidents involving vessels carrying energy cargoes have been reported in and around the Strait of Hormuz, amid raising concerns about a possible flare-up of hostilities between Iran and the United States.
Afreximbank and oil producers launch Africa Energy Bank with $5bn authorised capital, eye first financing in 2027
The Nigeria-based lender, plans a $1.25bn first subscription tranche and will prioritise export and domestic gas infrastructure, power and clean cooking.
Morocco plans $921mn hydrocarbon exploration programme through 2031
Morocco's National Office of Hydrocarbons and Mines (ONHYM) plans to invest MAD 9.21bn ($921mn) in hydrocarbon exploration between 2026 and 2031
Jordan's oil output falls 83.2% as petroleum imports rise
Jordan's annual crude oil production fell by a reported 83.2% between 2021 and 2025, while petroleum consumption and import volumes increased, according to figures from the Ministry of Energy and Mineral Resources' 2025 annual report.
Syria explores gas project financing with ConocoPhillips and Novaterra
Syrian Finance Minister Mohammed Yisr Barnieh met on October 29 with representatives of US energy company ConocoPhillips and Novaterra Energy chairman Ayman Asfari to discuss investment financing and natural gas development.
Iraq and Syria discuss oil export pipeline with potential 2mn bpd capacity
Iraq and Syria discussed plans to export Iraqi crude through a pipeline to Syria's Mediterranean port of Baniyas, with potential capacity of up to 2mn barrels per day (bpd), during high-level talks in Damascus.
Iran says Russia agrees new oil and gas investment
Russia has agreed to make more investment in Iran’s oil and gas sector, acting Oil Minister Hamid Bovard said, without giving details of the scale or timing of any new funding.
Algeria exports 3.4mn barrels of refined oil products to eight unusual destinations
Algeria exported nine unusual seaborne shipments of refined petroleum products totalling approximately 3.4mn barrels to eight countries during the first nine months of 2026
Iran oil output capacity tops 3.7mn bpd after 8.3% surge
Iran’s crude oil production capacity has soared to 3.715mn barrels per day, up 8.3% from 3.43mn bpd.
QatarEnergy issues spot tender to sell 55,000 tonnes of naptha in November
QatarEnergy has issued an immediate spot tender to sell up to 55,000 tonnes of naphtha for early November loading from Ras Laffan.
Iran, Russia discuss gas transfer deal as pricing, payment terms remain unresolved
Iran’s acting Oil Minister Hamid Bovard met Gazprom chief executive Alexei Miller in Moscow, where they continued talks on a planned gas supply deal.
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