Foreign oil companies operating in Iraq’s semi-autonomous Kurdistan region are ignoring a barrage of legal challenges to their businesses by Baghdad and are investing for the long haul, including activity Continue Reading
Saudi Arabia will supply the full contractual volumes to at least three customers in North Asia, sources familiar with refiners’ allocations from the world’s top crude oil exporter told Reuters Continue Reading
Israel does not anticipate a renewal of Iran’s nuclear deal with world powers before the U.S. mid-term elections in November, an Israeli official said on Sunday, after European parties to Continue Reading
Iraq’s nationwide oil sales fell in August for the second consecutive month, declining to 3.667 million barrels per day (bpd).* Federal exports through the northern pipeline to Turkey dropped by Continue Reading
On most days in the Iraqi capital, jackhammers and electric drills provide the soundtrack to a construction boom, with multistory restaurants taking shape and a new $800 million central bank Continue Reading
The Iranian nuclear deal will be agreed to by the end of September. That’s Fitch Solutions Country Risk & Industry Research’s core view, according to a report sent to Rigzone Continue Reading
Iraq played the role of mediator in a series of secret meetings between Iran and Saudi Arabia. Comments from MbS in April 2021 paved the way for improved relations between Continue Reading
Rising political turmoil in Iraq could soon threaten the country’s oil production, with some analysts suggesting that up to a million barrels per day could be taken offline. As well Continue Reading
After years of planning, Iran is moving to increase production at Phase 11 of South Pars. The first phase involves the drilling of 30 wells plus the fabrication and erection Continue Reading
Iran will raise its oil production capacity to over 4 million barrels per day (bpd) by the end of the current Iranian year that ends in March 2023, the chief Continue Reading
