Iraq
News
August 31, 2017
Iraq’s semi-autonomous Kurdish region reached a financial settlement with Dana Gas PJSC and its partners over delays at a natural gas project.
News
August 29, 2017
OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers.
News
August 24, 2017
DNO ASA, the Norwegian oil and gas operator, has been assigned the 20% interest in the Tawke license held by the Kurdistan Regional Government as part of a landmark settlement of outstanding receivables owed to the Company for past crude oil deliveries.
News
August 09, 2017
OPEC said Iraq, the United Arab Emirates and Kazakhstan -- who have lagged in their implementation of a deal to cut production -- affirmed their commitment to the accord at a meeting in Abu Dhabi.
News
August 03, 2017
Iraq’s northern province of Kirkuk refuses to cooperate with any plans to ship its oil to neighboring Iran because the central government didn’t consult with it on the matter, Kirkuk provincial officials said.
News
July 27, 2017
Halliburton Company has announced the resolution of the previously disclosed investigations regarding the Company's operations in Angola and Iraq.
News
July 26, 2017
Petrofac has secured a contract extension and a new award with a combined value of more than $100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq.
News
July 10, 2017
DNO ASA, the Norwegian oil and gas operator, has announced resumption of appraisal drilling at the Peshkabir discovery on the Tawke license in the Kurdistan region of Iraq following extended testing of the Cretaceous and Jurassic reservoirs in the Peshkabir-2 well.
News
June 22, 2017
An oil tanker carrying Kurdish crude appears to be en route to the U.S., reviving a trade from three years ago that became a symbol of a dispute between the semi-autonomous region in Iraq and the federal government in Baghdad.
News
June 15, 2017
Iraq’s ambition to boost oil-output capacity to a record 5 MMbpd is “not unrealistic” as the country prepares for the end of OPEC-mandated supply limits, consultants Wood Mackenzie Ltd. said.
News
June 14, 2017
Iraq is gaining the edge over Saudi Arabia in the world’s fastest-growing oil consumer amid an intensifying race among producers to retain their most-prized markets.
News
June 09, 2017
Qatar and Saudi Arabia square off in a major diplomatic feud. Suicide bombers strike at the heart of the Iranian capital. Kurdistan moves toward independence, and war rages on in Syria and Yemen.
News
May 30, 2017
Dana Gas PJSC and its partners are seeking damages of at least $26.5 billion from Iraq’s self-governing Kurdish region for delays in oil and natural gas projects, a U.S. court filing shows.
News
May 24, 2017
Iraq is mulling an oil hedging program to lock in prices for future crude sales, potentially topping a similar deal run by Mexico that is considered the largest energy trade in Wall Street.
News
May 22, 2017
OPEC’s second biggest producer is also its biggest cheater. And if past is prologue, that lengthens the odds the group will be able to squeeze too many more price gains out of its output cuts.
News
May 17, 2017
Iraq is on track for what may be the country’s highest monthly crude exports even as the Middle East nation supports moves to extend OPEC-led production cuts.
News
May 10, 2017
When one of the biggest crude producers in Iraqi Kurdistan downgraded reserves in March, doubts about the economic potential of the region -- a key player in the fight against Islamic State terrorism -- deepened. But evidence suggests it’s too soon to write off the emerging oil province.
News
April 25, 2017
Petrofac has secured a series of contract awards worth more than $70 million for engineering, operations and maintenance services in Iraq.
News
April 12, 2017
Lukoil has completed a field 3D seismic survey at West Qurna-2 field in Iraq. The survey covered an area of about 450 km2.
News
March 28, 2017
LUKOIL has applied innovative technologies for examination of core samples of the West Qurna-2 field.
News
March 28, 2017
Genel Energy Plc sank to the lowest since the shares started trading after it reduced estimated reserves at its flagship oil field in Iraqi Kurdistan and scrapped an output forecast for the deposit.
