Eridu holds estimated 7 billion-12 billion barrels Lukoil holds 60% stake in field, in southern Iraq Could yield 250,000 b/d at peak production Lukoil has submitted to Iraq’s oil ministry Continue Reading
Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, lashed out at Greenpeace for spreading “lies” and “fabrications” about the Kingdom’s policy towards climate change. The spat ignited during the COP26 Continue Reading
The attack on the village of Rashad last month was unusual in recent Iraqi times for its cruelty. Islamic State gunmen opened fire on a group of seven young men Continue Reading
Iraq’s aggregate oil production from fields in both federal territory and the Kurdistan Region of Iraq (KRI) fell marginally in October to 4.30 million barrels per day (bpd) from 4.34 Continue Reading
The tightest of smiles on his face and the fabric of his traditional thobe swirling about him as he strides through a hallway at U.N. climate talks, Saudi Arabia’s energy Continue Reading
Saudi Arabia reported economic growth of 6.8 percent on the year for the third quarter on the back of higher oil prices. This is the highest quarterly growth for the Continue Reading
Highlights Nasiriyah fields could yield 600,000 b/d over 7-year period Other projects include gas development in Dhi Qar province Iraq, Chevron signed framework agreement in Aug 2020 Iraq has allowed Continue Reading
Iran looks to ramp up production in four lesser-known oil fields Iran’s Petroleum Ministry looks to use EOR-techniques to extract more oil from existing fields Iran enjoys some of the Continue Reading
China’s imports of Iranian oil have held above half a million barrels per day on average for the last three months, traders and ship-tracking firms said, as buyers judge that Continue Reading
A drone attack that targeted the Iraqi prime minister on Sunday was carried out by at least one Iran-backed militia, Iraqi security officials and militia sources said, weeks after pro-Iran Continue Reading
