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Thursday, January 18, 2018

Iraq is seeking to increase oil reserves to 170 billion during the next two...

Oil Minister Jabbar Ali Hussein Allaibi declared that Iraq is seeking to reach the reserve oil to 170 billion during the next two years. Allaibi...

Oil drop to $ 53 a barrel and the market awaits US inventory data

Crude oil prices continued to fall on Wednesday as the US production growth has led to increased pressure on the market, although the reduction...

Warnings from exceeding Kuwait on Iraq’s oil through the use of technology “oblique drilling”

Kuwait continues to use oblique drilling technology in the oil extraction process and overtaking on Iraq's oil, considering that most of the Kuwaiti oil...

OPEC: Participating States to cut production very strong commitment

Mohammed Barkindo Secretary General of OPEC, said that production cuts led by the Organization agreement thrown good support from all participating countries, despite some...

Oil falls and the growth of the US production limits the impact of the...

World oil prices fell on Tuesday, but has been moving in a narrow range with increased crude production in the United States, which limited...

Minister: Iraq’s Kurdistan region reduces exports from Kirkuk oil

Minister of Natural Resources in the Kurdistan Regional Government, said that the region reduce its exports of Kirkuk, a commitment to the country in...

Iraq plans to start exploring the offshore oil and gas fields

Iraq's oil minister said on Monday that Iraq plans to start exploring the offshore oil and gas fields to enhance oil reserves, according to...

Iraq threatens “Gazprom” Russian oil

The Ministry of Health and Environment warned the Russian oil company (Gazprom) operating in the Badra oil field, for violating the conditions of environmental...

Oil prices rise amid signs of an easing of global supply glut

Oil prices rose on Monday, and headed for the market higher for the fifth session in seven sessions amid signs of an easing of...

Kirkuk Energy: finding new export outlets for oil to be conservative in agreement between...

Energy Committee in the Kirkuk Provincial Council, chairman Ahmed Al Askary confirmed Sunday that finding new export outlets for oil of Kirkuk must be...