Genel Energy said Friday there were more natural gas resources in two of its Kurdish fields than expected, but an assessment said extraction might be complex. The company, which has Continue Reading
BP PLC will return to northern Iraq for the first time since Islamic State swept through the region three years ago, potentially heralding a new era of stability in one Continue Reading
A memorandum of understanding promises to re-start BP’s reservoir studies, and could lead to a long-term development deal. Iraqi Oil Minister Jabbar al-Luiebi signs an MoU for BP to study Continue Reading
Iraq’s 2018 budget is delayed – tangled in political arguments over funding for post-war reconstruction, the development of Basra province, and revenue-sharing with Kurdistan. Yet the country would have enough Continue Reading
The oil majors are heading in opposite directions when it comes to investing in oil in the war-torn country, a sign of how differently they view the relative risk. Chevron Continue Reading
Iraq aims to sign a deal with BP on Thursday to boost production capacity from the northern Kirkuk oilfields, which were taken back in October by Iraqi government forces, an Continue Reading
Iraq is one of the few countries assessed where political risk is a real concern for an economy pegged heavily to the price for crude oil, Moody’s said Tuesday Moody’s Continue Reading
Chevron expects to restart drilling in the semi-autonomous Kurdistan Region in Iraq and is taking steps to remobilize staff and equipment, The Wall Street Journal quoted a Chevron spokeswoman as Continue Reading
Iraqi Oil Minister Jabar al-Luaibi said on Saturday that the OPEC member’s oil output capacity is near reaching 5 million barrels per day, but the country will remain in full Continue Reading
The Iraqi oil ministry said on Friday 26 companies have qualified to bid for oil and gas blocks in border areas. Five companies qualified recently to take part in the Continue Reading
