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بغداد
Friday, December 15, 2017

Iraq sets the official sale price for Basra crude oil

Iraq has set the official sale price for September shipments of Basra light crude destined for Asia at $ 0.65 a barrel below the...

Oil Minister announces running a new unit in Kirkuk refinery to equivalent production capacity...

Oil Minister Ali Jabbar Luaibi announced on Wednesday for the success of the technical and engineering staff in the North Refineries Company and other...

Oil prices remain at their highest level in nine weeks

Oil prices held near their highest level in nine weeks on Monday, boosted by strong US employment data and a slight decline in the...

The Amir of Kuwait issues a decree to exploit the border oil fields with...

The State of Kuwait today issued Amiri Decree No. 217 of 2017 approving the memorandum of understanding between the Kuwaiti and Iraqi oil ministries...

The Ministry of Oil presents the FAO Refinery for Export Investment for the second...

The Ministry of Oil announced its offer to the FAO refinery for the second time, the province of Basra with a capacity of 300,000...

Economists: Karbala refinery will eliminate unemployment in the province

The economic experts in the province of Karbala, Saturday, that the completion of the refinery Karbala oil, will eliminate a large part of unemployment,...

Oil: Halfaya field will produce 400,000 barrels per day

Oil Minister Jabbar al-Allaibi announced on Sunday that the Halafaya field will reach 400,000 barrels per day after the third stage of its development. Al-Allaibi...

Iraq slashes Basrah light price for Asia

Iraq's official oil marketing company (SOMO) said on Monday that Iraq has cut the official sale price for August shipments of Basra light crude...

Ministry of Oil decides to change the name of the company “South” to “Basra...

The Ministry of Oil decided on Tuesday to change the name of the South Oil Company to the Basra Oil Company and to limit...

Iraq signed a joint venture agreement for the shipment and trade of oil

OPEC member Iraq signed a joint venture agreement with a shipping company owned by Arab countries to transport, store and trade crude oil and...