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Sunday, December 17, 2017

“CAR” refinery immediate refines of 40 thousand barrels per day

Iraqi Oil Minister Jabbar al-Li'aibi announced that 40.000 barrels of crude oil shall be refined in the Kurdish CAR refinery in Arbil. The refining shall...

OPEC: Oil investments fell of $ 300 billion .. We need an investment of...

The concerted efforts by both OPEC and non-OPEC producers to support the oil prices are already having a positive impact on the market, said...

Iraq announces work on building a large fleet of oil tankers

Oil Minister Ali Jabbar Allaibi the need to enhance the work of the Iraqi Tanker Company and commensurate with the achievements at the level...

OPEC could extend or deepen supply cut if oil glut persists: sources

OPEC could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to...

Formation of a committee to organize a joint oil fields between Iraq and Kuwait

Undersecretary of the Kuwaiti Ministry of Oil Talal Nasser Alazba it has been constituted committee between his country and Iraq to develop a "best...

Qayyarah oil wells: 1000 barrels burns per day

Fifty miles north in Mosul, beleaguered Islamic State fighters have lost control of half of their last major stronghold as Iraqi security forces advance....

Oil down 2 percent by a stronger dollar and signs of rising U.S. crude...

Oil prices declined on Monday by about 2 percent, the most since mid-January, pressured by a stronger dollar and signs of rising U.S. crude...

Oil falls on rise in U.S. drilling

Oil prices fell on Monday in response to growing evidence that U.S. production is rising, but losses were capped by official OPEC production figures...

Iraq expects full implementation of OPEC agreement

Iraq increased its forecast full and serious commitment to the oil-producing countries to reduce production to support oil prices in the global market after...

Oil companies receive $ 15 million from the Government of Kurdistan

Gulf Keystone , the company said on Monday it had received payments of $ 15 million from the government of the Kurdistan region in...