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Tuesday, December 12, 2017

Iraq may offer Total and Chevron different conditions for Shell’s conditions to develop the...

Iraq's oil minister Jabbar al-Luaibi said on Saturday that Iraq may offer Chevron and Total conditions for the development of Majnoon oil field is...

Russian fears of US shale production growth

Russia's largest oil-producing company said that the recovery of the US oil production may discourage OPEC and producers outside the extended production cuts after...

Iraq exports more than three million barrels of oil Tuesday

Iraq has exported more than three million barrels of oil through its southern ports, a shipping source said Tuesday. The source said that the hourly...

Gazprom seeks to produce 170,000 barrels of oil field in Wasit

The Russian company "Gazprom" announced its intention to increase its oil production next year by 5%, by producing 170 thousand barrels from the oil...

Iraq announces preliminary crude export statistics for August

The Ministry of Oil announced on Saturday the rate of exports and revenues achieved for last month, according to preliminary statistics issued by the...

Oil prices are rising in Asia

Oil prices rose in Asia on Tuesday, while investors still rely on markets to absorb stocks and lower global supply. Light sweet crude for July...

OPEC’s daily basket price exceeds $ 53.50 per barrel

The Organization of the Petroleum Exporting Countries (OPEC) said on Saturday that OPEC's daily basket price exceeded $ 53.50 a barrel. "OPEC basket price of...

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...

Oil falls to $ 50 a barrel, with an increase of US drilling rigs

Oil prices dropped to its lowest level in three months, on Monday, despite the efforts of OPEC's efforts to cut crude production due to...

The Kurdistan Region sells the first crude shipment directly to a major oil refining...

The Russian government Rosneft will buy its first oil shipments from the Kurdistan Region of Iraq early April to become the first major oil...