Norwegian oil and gas producer DNO International (DNO.OL) gave no guidance as to when it expects to restart oil exports from Iraq when it published first-quarter results that beat forecasts on Tuesday.
DNO Silent on Iraq Export Timing
Archive | Iraq Oil & Gas News
Iraq Business News brings you the latest information on developments and opportunities in the oil and gas industry in Iraq.
OPEC Again Lifts 2010 Oil Demand Growth Forecast
The monthly report from the Organization of the Petroleum Exporting Countries, which pumps more than one in every three barrels of oil, said demand would rise by 950,000 barrels per day (bpd) in 2010, 50,000 bpd higher than previously forecast.
Tags: OPEC
DNO Silent on Iraq Export Timing, Q1 Tops View
Norwegian oil and gas producer DNO International (DNO.OL) gave no guidance as to when it expects to restart oil exports from Iraq when it published first-quarter results that beat forecasts on Tuesday. "The process is moving ahead but we have no information about when things will happen," Managing Director Helge Eide told a news conference. […]
Oil Ministry is Developing "Badra" Oilfield Shared with Iranian Side
An official source with the Oil Ministry said the ministry is currently developing several oilfields shared with neighboring countries including the oilfield, "Badra" with the Iranians.
Iraq Plans Power Boost After Gas Fields Auction
Iraq plans to boost power capacity to 27,000 megawatts in four years after opening its gas sector with a contract awarded to Royal Dutch Shell, this will need an investmnt of at least $3 billion to $4 billion per year, Iraq’s Electricity Minister Karim Waheed told Reuters on Sunday.
Iraq Seeks to Purchase Gas and Petrol
Iraq's State Oil Marketing Organisation (SOMO) has issued a tender for the purchase of around 675,000 tonnes of petrol and around 38,250 tonnes of gas oil
Iraq Ends Oil Row with Kurds
The oil dispute between Iraq and the autonomous northern region of Kurdistan has been resolved.
Iraq Sends Shell Gas Deal to Cabinet for Approval
Iraq's oil ministry has sent the final draft of a gas deal with Royal Dutch Shell to cabinet for approval, Iraq's Oil Minister said on Thursday.
Tags: gas gathering, Shell
Iraq Rules out Opec Quota Talks Now
Iraq sees no need to even discuss an Opec quota until its output reaches 4 million barrels per day (bpd) so any talk of a specific limit before then is premature, the country's oil minister said.
Tags: OPEC, Production
Iraq Announces 1st September for Gas Field Auction
Iraq on Thursday invited international energy firms to submit bids for a September 1 auction of three of its gas fields
Tags: gas, licence round
ExxonMobil to use water injection to enhance southern Iraqi oil ouput
The contract, estimated at several billions of dollars, is to take place in oil fields in southern Iraq.
BP expects a 50% increase in Rumaileh oil production by the start of next year
"The delegation of the British company announced that the production of oil from Rumaileh field will increase by about 10% at the end of the year, while the rate will increase to about 50% at the beginning of next year