MEOG - Middle East Oil & Gas

Category
Oil & Gas

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Overview

With around 40% of the world’s oil supply coming from the Persian Gulf, in addition to exploration and production (E&P), MEOG’s coverage includes policy and transport issues which can cause price spikes in the global hydrocarbon markets.

MEOG offers insight into the latest developments in the oil and gas sectors of Bahrain, Iraq, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, the UAE and Yemen. While much of the region has been extensively explored, there remain ‘frontier’ areas of E&P. Oil shale efforts in Jordan could provide vast resources through the greater cost effectiveness of new technologies. To the north-west, Beirut has grown increasingly impatient to follow the major gas discovery trend in the Eastern Med. and Lebanon’s first offshore bid round is likely to kick off drilling campaigns in the medium term.

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Need more convincing?

Iran’s oil minister openly admits forging export documents to dodge US sanctions

25 September 2020

Tanker tracking companies, meanwhile, see September surge in Iranian crude shipments with one describing “levels we haven’t seen in a year and a half”.

Venezuela and Iran take the next step

24 September 2020

The latest tankers to bring Iranian fuel to Venezuela are also handling the latter country’s crude exports.

Turkey takes assertive role in Caucasus conflict

17 September 2020

The shift is motivated in part by energy considerations and in part by nationalist politics.

Abu Dhabi’s sovereign wealth fund buys into Cheniere

16 September 2020

The Abu Dhabi Investment Authority (ADIA) – the emirate’s main sovereign wealth fund – has disclosed a 5.05% stake in US LNG exporter Cheniere Energy.

EU’s relationship with Turkey has reached “watershed moment” says foreign policy chief Borrell

15 September 2020

Remarks to European Parliament come as bloc moves towards possible imposition of sanctions on Ankara over east Mediterranean drilling rights dispute.

NRG: Ahead of the peak

15 September 2020

A warning that oil demand will peak within a few years overshadows some of the positive news coming from oil producers in recent days.

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Edited by

Frazer Simm

Editor

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