Haider Al-Abadi . “Oil prices are not at the required level to be used for sustainable development,” state TV quoted al-Abadi as saying during a press conference. Iraq proclaimed itself Continue Reading
Oil Minister Jabar al-Luaibi said Iraq plans to increase production from oilfields in Kirkuk to one million barrels per day and has visited the Bai Hasan and Avana fields to Continue Reading
Companies working inside Kurdish territory in northern Iraq report oil export payments in line with historic norms. Photo courtesy of Genel Energy. Nov. 10 (UPI) — Energy companies working inside Continue Reading
By trucking crude to Iran, the Oil Ministry would reduce dependence on the KRG-controlled export system and open a new outlet for Kirkuk oil that is currently stranded. Deputy Oil Continue Reading
Norwegian oil and gas company DNO said it’s operations in the Kurdish region of northern Iraq were proceeding as normal. Photo courtesy of DNO. Nov. 9 (UPI) — Norwegian oil Continue Reading
An oil and gas conference meant to showcase opportunities in the Kurdish north of Iraq is cancelled because of regional circumstances, the government said. The Kurdish Ministry of Natural Resources Continue Reading
Since September’s independence referendum and October’s dramatic Kirkuk re-capture by Iraqi troops, the drama over Kurdish oil continues, with new developments occurring early this week. On Sunday, the government of Continue Reading
After months of negotiations, Shell has agreed to hand over its stake in Iraq’s large Majnoon oil field to state-held Basra Oil Company by the end of the first half Continue Reading
We’ve been harping on in recent weeks about how Saudi has been slashing crude flows to North America, but as we can see in our ClipperData below, it has been Continue Reading
Iraqi Basra crude oil in November has sold at the widest discounts to official prices in more than a year, with cargoes that backed up after hurricanes hit the U.S. Continue Reading
