Kurdish oil production expectations high
Kurdish oil player Gulf Keystone Petroleum said it wants to set up a commercial framework necessary to boost gross production by as much as 70 percent. The company, issuing guidance Continue Reading
Saudis Unmoved By Oil Price Surge
OPEC met over the weekend to monitor the collective production cuts and assess the status of the oil market, and the meeting was shrouded in rumor about the potential cracks Continue Reading
Kurdish gas reserve upgrade met with production questions
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 Returns to a Northern Iraq Now Free of Islamic State
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
BP is back in Kirkuk
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
247 Demonstrations, 90 Cities, 14 Days: Iran’s Upheaval
This exclusive account of 14 days of unrest in Iran reveals at least 213 anti-government protests and 34 pro-regime rallies across 90 cities. The protests were fueled by working-class grievances, Continue Reading
Iraq pushes electricity reform, prompting protests
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
Iraq Is Troubling The Oil Majors
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, BP to sign deal to boost Kirkuk oil production capacity
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
Moody’s: Oil is Iraq’s blessing and its curse
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