By John Lee. Genel Energy has just published details of its payments to governments for the year 2022: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2022 as required under the Disclosure […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for February: Revenues achieved: 7.063 billion dollars Total exported quantities of crude oil: 92,255,610 barrels Exported quantities from central and southern Iraq: 89,140,448 barrels Exported quantities from Kirkuk through Ceyhan port: 2,834,393 barrels Average daily quantities exported: 3.295 million barrels per day, slightly […]
By John Lee. An advisor to the Iraqi Prime Minister has said that the Kurdistan Regional Government's oil revenues will now be placed in an account controlled by the federal government in Baghdad. Husham Hamad added that the agreement was reached through what he called the "high understanding and keenness of the federal government and […]
By Charles Kennedy for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Risky Reliance On Oil Revenues Iraq managed to collect a lot of revenues from oil exports last year due to higher prices, but the Iraqi economy remains heavily reliant […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for February: Revenues achieved: 7.081 billion dollars Total exported quantities of crude oil: 92,255,610 barrels Exported quantities from central and southern Iraq: 89,140,448 barrels Exported quantities from Kirkuk through Ceyhan port: 2,834,393 barrels Average daily quantities exported: 3.295 million barrels per day, slightly […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for January of 101,245,095 barrels, giving an average for the month of 3.266 million barrels per day (bpd), down from the 3.332 million bpd exported in December. The exports from the oilfields in central and southern Iraq amounted to approximately 98,460,050 barrels, while […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for January of 101,245,095 barrels, giving an average for the month of 3.266 million barrels per day (bpd), down from the 3.332 million bpd exported in December. The exports from the oilfields in central and southern Iraq amounted to approximately 98,460,050 barrels, while […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for December of 103,281,459 barrels, giving an average for the month of 3.332 million barrels per day (bpd), almost equal the 3.329 million bpd exported in November. The exports from the oilfields in central and southern Iraq amounted to approximately 100,735,151 barrels, while […]
DNO ASA, the Norwegian oil and gas operator, will publish its Q4 and full-year 2022 operating and interim financial results on 9 February 2023 at 07:00 (CET). A videoconference call with executive management will follow at 11:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as […]
By John Lee. The Iraqi Minister of Oil, Hayan Abdul-Ghani (pictured), has announced revenues of more than $115 billion from exporting crude oil for the year 2022. More than 1,209 billion barrels of crude oil were exported, giving a daily export rate is approximately 3.320 million barrels per day (bpd). The oil was bought by […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for December of 103,281,459 barrels, giving an average for the month of 3.332 million barrels per day (bpd), almost equal the 3.329 million bpd exported in November. The exports from the oilfields in central and southern Iraq amounted to approximately 100,735,151 barrels, while […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for November of 99,868,029 barrels, giving an average for the month of 3.329 million barrels per day (bpd), up from the 3.282 million bpd exported in October. The exports from the oilfields in central and southern Iraq amounted to approximately 97,204,696 barrels, while […]
