The Iraqi Oil Ministry said Thursday that it was advising oil companies that they should be making contracts and dealing only with the federal government. Iraqi Oil Minister Jabbar al-Luaibi Continue Reading
As the sun lowers over Kirkuk, crowds of young Arabs and Turkmen take to the streets waving Iraqi flags, dancing and honking car horns in celebration after central government forces Continue Reading
After over 40 years in the energy business, more than two decades of that with a parallel career in intelligence, I regularly witness the impact of global developments on the Continue Reading
The crisis unfolding around the Iraqi city of Kirkuk has left some of the world’s largest commodity trading houses worried. (Bloomberg) — The crisis unfolding around the Iraqi city of Continue Reading
LONDON/MOSCOW (Reuters) – Russian energy major Rosneft has agreed to take control of the main oil pipeline in Iraq’s Kurdistan, further boosting its role as the main international investor in Continue Reading
Northern Iraqi exports and output fell again this week as Baghdad’s oil ministry engineers scrambled to refit looted facilities that were recently recaptured from Kurdish forces, according to a new Continue Reading
The oil and shipping markets remain in limbo as the world awaits action from US Congress on sanctions targeting Iran, in the wake of President Donald Trump last week declaring Continue Reading
Russian state oil major Rosneft has agreed to invest $400 million in five oil blocks in Iraqi Kurdistan, increasing Moscow’s exposure to the semi-autonomous region despite a major spike in Continue Reading
Aramco has asked FTI Consulting to suspend investor relations work on its upcoming initial public offering, according to unnamed sources who spoke to Reuters. The sources did not elaborate on Continue Reading
Iraqi Oil Minister Jabbar Al-Luiebi has asked BP to develop the oil fields in oil-rich Kirkuk, just a day after Iraq’s government forces completed an operation to seize control of Continue Reading
