Iraq
News
December 15, 2016
Petrofac has secured a contract worth $75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP).
News
December 13, 2016
China Petroleum & Chemical Corp., the world’s biggest refiner, is weighing a takeover of beleaguered Kurdish oil producer Gulf Keystone Petroleum, people familiar with the matter said.
News
December 08, 2016
Iraq can’t count on self-governed Kurds in the country’s north or international oil companies to help it cut crude production as promised at an OPEC meeting last week.
News
November 23, 2016
Iraq will shoulder part of the burden of oil-output cuts, said Prime Minister Haider Al-Abadi, reversing the nation’s previous insistence for an exemption and potentially removing an obstacle to an OPEC deal next week.
News
November 22, 2016
Saudi Arabia’s dominance of OPEC isn’t what it once was.
News
November 16, 2016
Iraq’s oil minister will bypass energy talks this week in Qatar, where rival producer Saudi Arabia plans to hold talks with Russia on possible collective action to limit production. His Iranian counterpart is also said to be giving the meeting a miss.
News
November 04, 2016
Iraq’s Kurds say their oil production in September was 290,000 bpd lower than the federal government’s figures for the semi-autonomous region, as OPEC’s second-biggest member tries to resolve accounting differences with the producer group over its output.
News
October 24, 2016
Iraq threw an obstacle in OPEC’s path toward a final deal to stabilize oil markets when it balked at joining efforts to trim output to prop up crude prices.
News
October 12, 2016
DNO ASA has reported the completion of three new production wells at the flagship Tawke field in the Kurdistan region of Iraq as part of a stepped up drilling program kicked off in July 2016.
News
September 22, 2016
Now is the right time for OPEC to reach an agreement on oil output, and crude prices may fall if its members fail to take a decision when they meet next week in Algiers, Iraq’s governor to the producer group said.
News
August 30, 2016
Iraq’s prime minister agreed with the semi-autonomous Kurdistan Regional Government to start talks about crude output in northern regions that have been bypassing the central government to export oil.
News
August 28, 2016
When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal -- refusing to take part without Iran.
News
August 25, 2016
Iraq’s resumption last week of oil shipments through a Kurdish-controlled pipeline bumped up its export capacity by 5% almost overnight.
News
August 23, 2016
Iraq asked international oil companies to boost output just as other OPEC nations are heading for talks amid a global glut.
News
August 22, 2016
Iraq, OPEC’s second-biggest producer, will increase crude exports by about 5% in the next few days after an agreement to resume shipments from three oil fields in Kirkuk.
News
August 18, 2016
DNO ASA has announced a second consecutive quarter of operating profits and the launch of an aggressive drilling campaign at the company's flagship Tawke field in the Kurdistan region of Iraq.
News
August 15, 2016
Jabbar al-Luaibi, former head of Iraq’s biggest oil producer, was appointed oil minister as a costly war against Islamic State militants has capped investments in the OPEC country’s crude production.
News
July 29, 2016
DNO has unveiled a $300-million proposal to acquire all of the enlarged share capital in Gulf Keystone Petroleum following the latter's contemplated financial restructuring announced earlier this month.
News
July 25, 2016
Gazprom Neft Badra, a subsidiary of Gazprom Neft, has commissioned its tenth production well (P-07) at Iraq’s Badra field.
News
July 20, 2016
Casing and completion tool specialist Deep Casing Tools has continued its Middle East expansion with a successful deployment of its unique drillable turbine technology in Iraq.
News
July 14, 2016
Gulf Keystone Petroleum Ltd. creditors will take control of the oil producer after low crude prices and erratic export payments left the company unable to service debts.
