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Oil & Gas
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07 February 2012 -- A massive revision of Iraq’s oil wealth boosted the overall Arab recoverable crude deposits by nearly 29 billion barrels at the start of 2011 but the region’s proven gas resources ...
07 February 2012 -- Iraq has resumed oil exports via an undamaged pipeline to Turkey after they were cut by an explosion in the country's northern neighbour, officials said on Monday.
07 February 2012 -- Russia’s LUKOIL is set to become the only foreign operator of the West Qurna-2 oil project in Iraq after its partner, the Norwegian Statoil Company, has expressed readiness to ...
Baghdad, 07 February 2012 -- The pumping of Iraqi oil through the Iraqi-Turkish pipeline has resumed on Sunday night after 3 days of stoppage, caused by a fire that broke out in one of the 2 main pipeline ...
06 February 2012 -- Bloomberg reports that BP will start drilling exploratory wells at the Risha natural gas deposit in Jordan, near the border with Iraq, in the coming weeks.
06 February 2012 -- Iran will begin early production at the Yadavaran oilfield, which is associated with Iraq, by the end of the current calendar year (March 20), National Iranian Oil Company's managing ...
06 February 2012 -- Iran's gas pipeline to Iraq has seen a physical progress of 40 percent and will be extended to the Iraqi capital of Baghdad by the Ten-Day Dawn of the next Iranian year (February ...
06 February 2012 -- Without prior warning or explanation, Iraq has announced that the use of the new single-point mooring (SPM) buoy for exporting crude oil from the south will be postponed. In mid-January, ...
06 February 2012 -- A source at the Ministry of Oil,revealed on Saturday, the bad weather in the south of Iraq caused oil exports decline in Basra at about 1248 barrels per day.
Baghdad, 05 February 2012 -- Oil exports from Iraq's southern Basra terminals climbed to 888,000 barrels per day (bpd) on Saturday after bad weather reduced exports on Friday, a shipping source said.
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