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
An Iranian tanker carrying condensate that collided with a Chinese freight ship on Saturday is still burning and could burn for a month, the South Korean Ministry of Oceans and Continue Reading
Royal Dutch Shell has sold its 20-percent stake in Iraq’s West Qurna-1 oil field to Japan’s Itochu Corporation, and Iraq has approved the transaction, a senior Iraqi oil official told Continue Reading
Donald Trump is being urged by some top advisers not to bring back U.S. economic sanctions on Iran this week, a move by the president that would effectively end a Continue Reading
Arwa Alneami wanted to be an artist ever since she was a child. But growing up in the conservative region of Asir, she was constrained by a rigid strain of Continue Reading
Despite a non-binding Parliament vote, the ministry indicated it will take a practical approach to continue working with the Iraqi Kurdish company enmeshed in northern Iraq’s oil sector. Acting Kirkuk Continue Reading
Satellite imagery of two of Saudi Arabia’s largest oil refineries suggests the kingdom may have underreported its oil stores in the first half of 2017. Satellite images gathered by the Continue Reading
Iraqi oil ministry said a Maysan oil refinery contract should be executed within the next 30 days. File photo by Oskari Porkka/Shutterstock Jan. 8 (UPI) — The implementation of an Continue Reading
After Iraq’s federal forces recaptured the oil fields in Kirkuk in October, the Iraqi Parliament voted on Monday to ban Kurdish engineering company Kar Group from operating Kirkuk’s oil fields. Continue Reading
U.S. investment banking giants Goldman Sachs and Citi are lined up to lead the initial public offering (IPO) of part of Saudi Aramco, according to reports. The Saudi state-owned oil Continue Reading
