Iraq West Qurna 2 Seen at 500.000 bdp in 2014: Oil Minister
Production at Iraq’s West Qurna Phase-2 oilfield is expected to hit 500,000 barrels per day (bpd) in 2014, Iraq’s…
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Iraq
Saudi Arabia Determined To Push Down Oil Prices: Naimi
Top oil exporter Saudi Arabia is determined to bring down high oil prices and is working with fellow OPEC members…
Iran to Boost Trade Ties With Egypt, Four Countries: Official
The chairman of Iran's Chamber of Commerce, Industries and Mines (ICCIM) says the Islamic Republic is planning to…
Iraqi Govt Accuses Kurdish Region of Smuggling Oil
The Iraqi government on Monday accused the northern semi-autonomous region Kurdistan of smuggling oil out of the…
Turkey Starts Purchasing Libya Crude Oil After Iran Cut
Turkish Energy & Natural Resources Minister Taner Yildiz has said Turkish Petroleum Refineries Co. (TUPRAS) had…
Iraq March Crude Exports Rise to Highest in Post-Saddam Era
Iraq’s crude oil exports and revenue rose in March to their highest levels in the nine years since the U.S.-led…
Kurdistan May Stop Crude Exports to Iraq
The Kurdistan Regional Government has said crude exports from the semi-autonomous region have dropped to 50,000…
Officials Confirm ExxonMobil Operations in Kurdistan
Government officials in the Kurdistan Region say that American oil giant Exxon Mobil continues to work in the…
A Raft of Car Bombings shake Iraq
A spate of car bombings rocked Iraq on Tuesday on the ninth anniversary of the U.S. invasion. The violence left at…
GCC Oil ‘& Gas Reserves total $65 trillion: QNB Capital
QNB Capital has said Gulf Cooperation Council countries' hydrocarbon reserves are estimated to be worth around $65…