Iraq Extends Gas MOU with Shell - Oil Minister
Iraq has extended a memorandum of understanding with Royal Dutch Shell on a natural gas venture around the southern oil hub of Basra for six months from March 2010.
Iraqi Elections Likely to Further Delay Access to Kirkuk's Reserves
"We are very interested in the oil and gas reserves in Kirkuk. Who wouldn't be?" said one executive from a leading European energy company.
Iraq Signs Initial Deal for Maysan Oilfields
Iraq has signed an initial deal with China's CNOOC and Sinochem to develop the 2.5-billion-barrel Maysan oilfield complex
Iraq breaks off talks with Japanese consortium over Nassiriah oil field
Iraq Minister of Oil Hussain Shahristani told a Japanese newspaper on Tuesday that the Japanese consortium failed to ink a deal in order to exploit Al Nassiriah oil field which was taken by an Iraqi Public company. It is to be noted that Nippon Oil Company leads the Japanese consortium in which also participate Inpex […]
Iraq's Oil Deals Dominate PM Election Campaign
Their consortium plans to drill 56 wells and upgrade equipment to boost output by 10 percent by the end of 2010, Dhia Jaafar, the director-general of the state-run South Oil Co., told The Associated Press.
Khuzestan Exports $421m to Iraq
In the eleven-month period ending February 19 over 1.5 million tons of goods worth some $421 were exported to Iraq from Khuzestan Province, southwest of Iran. The director of Khuzestan Province Customs Administration, Abbas Alidadi, told ISNA news agency that the goods are 216 percent heavier and 127 percent more in value compared to the […]
OPEC Production Level Hits 14-month High
The Organization of the Petroleum Exporting Countries’ (OPEC) crude oil supply rose in February to the highest in 14 months led by Angola and Saudi Arabia, a Reuters survey showed, further reducing compliance with output targets. Supply from the 11 members of OPEC with output targets, all except Iraq, is averaging 26.80 million barrels per […]
South Oil Company Tenders - Closing date 01 April 2010
South Oil Company Tenders - Closing date 01 April 2010
South Oil Company Tenders - Closing date 15/3/2010
South Oil Company tenders - closing date 15th March 2010
Iraq Unlikely to Meet Oil Target
"Iraq continues to grapple with some very serious problems. I will be surprised if they are able to achieve a supply level of 10 to 12 million barrels a day in a foreseeable future," Herman T Franssen, President of International Energy Associates, a Washington-based company.
CNPC Iraqi Halfaya Work to Start in H2 -PetroChina
China National Petroleum Company (CNPC) will start work on the Iraqi Halfaya project in the second half of this year, Jiang Jiemin, the chairman of CNPC's subsidiary PetroChina (0857.HK), said on Friday.
Baghdad 2010 Redevelopment Budget Hits $1 Billion
Azzaman reports that Baghdad's governor, Salah Abdulrazzaq, has earmarked nearly $1 billion this year to redevelop the city. 40 percent of this budget will go to cover projects started in the past two years that were not completed. The governor said many projects were not finished because the Iraqi contractors working on them failed to […]