MEOG - Middle East Oil & Gas
UAE's ENOC appoints Hussain Sultan Lootah as CEO
Dubai-based global energy company Emirates National Oil Co. Group and revealed its new CEO this week – an experienced industry official with 30 years of leadership experience in the oil and gas industry, Hussain Sultan Lootah.
Just 111 of the world’s biggest companies are causing $28 trillion worth of climate damage, says study
Just 111 of the world’s largest fossil fuel companies are collectively responsible for an estimated $28 trillion in climate-related economic damage, and just ten of those companies are responsible for half of that total.
Iranian state driller completes 100 oil, gas wells in 2024, targets up to 150 this year
The National Iranian Drilling Co. drilled, repaired or completed 100 wells in Iran’s oil and gas fields last year using 62 operational rigs and reviving two others, its CEO Mehran Makvandi said.
TotalEnergies explores two natural gas areas in Egypt’s deepwater Mediterranean
French oil major TotalEnergies is currently exploring two potential natural gas deposits n Egypt’s deepwater Mediterranean.
KRG delegation in Baghdad to finalise oil, salary deal
A high-level Kurdish delegation arrived in Baghdad this week for final negotiations aimed at resolving a bitter and economically damaging dispute with the federal government
Iraq raises output at southern oilfields
Iraq is pushing ahead with plans to increase crude oil production capacity at three key fields in its southern Dhi Qar province
Santos strikes two-year LNG deal with QatarEnergy
Santos has signed a two-year mid-term LNG supply agreement with QatarEnergy Trading, the trading arm of Qatar’s QatarEnergy.
Iran’s gas exports plunge 30% in 2024 as domestic demand surges, OPEC data show
Iran’s natural gas exports dropped by nearly a third in 2024, hitting 8.967bn cubic metres, down from 12.927 bcm a year earlier, according to fresh data released by the Organisation of the Petroleum Exporting Countries.
Syria’s Baniyas refinery maintenance to boost production capacity by 25%
Baniyas Refinery in Syria continues to carry out extensive maintenance work on its production units as part of a plan aimed at enhancing operational efficiency and productivity.
Iraqi crude oil supplies to India fall 4% in first half of 2025
Iraqi crude oil supplies to India dropped by 4% in the first half of 2025 compared to the same period last year
BlackRock considering selling gas pipeline stake back to Saudi Aramco
Four years on from acquiring a minority stake in a 20-year lease in Aramco’s gas pipeline subsidiary, BlackRock is looking to divest, potentially to the Saudi oil giant
Reports suggest Iranian liquids production reaches 47-year high
A report suggests that Iran's total liquids output reached nearly 5.1mn bpd last year
Global LNG liquefaction capacity to grow 37% by 2028: GIIGNL
Global LNG liquefaction capacity is expected to grow by 37% to over 672.1mn tonnes per year by 2028 as producers commission around 180mn tpy of new capacity.
China continues to buy Iranian crude despite US sanctions
China has been able to purchase 1.4mn barrels per day of Iranian crude oil despite extensive US sanctions, according to Kpler data presented by Bloomberg.
OPEC+ set to continue production increases in second half amid market share defence
The OPEC+ oil alliance is expected to approve further production increases whilst focusing on market share, as prices continue receiving support from geopolitical tensions and uncertainty over Iranian nuclear negotiations.
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