Kurdish Regional Government has borrowed about $3.5 billion Oil shipments fall after Baghdad reclaims disputed Kirkuk The crisis unfolding around the Iraqi city of Kirkuk has left some of the Continue Reading
United States President Donald Trump’s decision to “decertify” the Iran nuclear deal probably won’t have an immediate impact on oil prices, but the decision could plant the seeds of problems Continue Reading
KRG forces guard the Khurmala Dome oil facilities on Oct. 18, 2017. Kurdistan flags are still flying above the main entrance gate of the Khurmala Dome oil facility southwest of Continue Reading
The flow of crude oil through the Kurdistan pipeline from Kirkuk to the Turkish port of Ceyhan have plummeted to some 225,000 bpd, from a typical flow of around 600,000 Continue Reading
Russia’s Rosneft has been in talks with Tehran to set up a supply chain to deliver oil from Iran and Central Asia nations to the global markets, Igor Sechin, chief Continue Reading
Iran is ready to do business with U.S. oil and gas companies, oil minister Bijan Zanganeh said on Tuesday, according to SHANA, the news site of the Iranian oil ministry. Continue Reading
Khalid A. Al-Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources and chairman of Saudi Arabian Oil Co. Doubts about the IPO of Saudi Arabian Oil Co., better known Continue Reading
While the Kurdistan-Iraq standoff is a risk to shorter-term oil production, the increased tensions between neighboring Iran and the U.S. are a longer-term and bigger threat to global oil supplies, Continue Reading
Iraq plans to contract a foreign oil company to almost double the oil production capacity of the northern Kirkuk fields, to more than one million barrels per day, Oil Minister Continue Reading
Iraqi Oil Minister Jabar al-Luaibi has asked BP ‘‘to quickly make plans to develop the Kirkuk oifields,‘’ an oil ministry statement said on Wednesday. Iraqi government forces on Monday took Continue Reading
