http://www.iraqupdates.com/p_articles.php/scat/1 The latest news about Oil & Gas in Iraq en support@iraqupdates.com support@iraqupdates.com PHP RSS Feed Generator Oil explorer Gulf Keystone Petroleum (GKP.L) has raised 16 million pounds ($24 million) to fund the initial stages of its 2010 drilling programme in Iraq and will look to raise more during the year. http://www.iraqupdates.com/p_articles.php/article/69228/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 10:21:00 +0000 OPEC fears that its grip on the global supply of oil is being threatened by the rising output of Iraq's oilfields and the prospect of billions of dollars of multinational investment in the world's leading untapped oil resource. http://www.iraqupdates.com/p_articles.php/article/69207/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 09:50:00 +0000 Oil explorer Gulf Keystone Petroleum has raised £16 million pounds ($24 million) to fund the initial stages of its 2010 drilling programme in Iraq and will look to raise more during the year. http://www.iraqupdates.com/p_articles.php/article/69205/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 09:49:00 +0000 Iraq reduced the price of Basra light crude oil for April for Asia clients. A senior international trader added that the price of April shipments to Asia clients was reduced to a $1.10 less that Oman and Dubai’s with a deduction less than half... http://www.iraqupdates.com/p_articles.php/article/69237/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 10:40:00 +0000 China Knowledge reported that consortium led by CNOOC Ltd a subsidiary of China National Offshore Oil Corp, won the bid to develop the Missan Oil Field complex in Southern Iraq. http://www.iraqupdates.com/p_articles.php/article/69201/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 09:29:00 +0000 The storm brewing on OPEC's horizon over future Iraqi oil output could engulf the producer group sooner than it would like. http://www.iraqupdates.com/p_articles.php/article/69200/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 09:28:00 +0000 The Organization of Petroleum Exporting Countries will uphold its target of 24.845 million barrels a day when it meets in Vienna on March 17, according to 42 of 44 analysts surveyed this week. Shokri Ghanem, chairman of Libya’s National Oil Corp.... http://www.iraqupdates.com/p_articles.php/article/69198/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 09:23:00 +0000 Ayman Asfari, the chief executive officer whose oil and gas engineering skills guided a fourfold increase in the value of Petrofac Plc within five years, is now preparing to tap Iraq’s energy boom. http://www.iraqupdates.com/p_articles.php/article/69197/refid/RSS-energy-16-03-2010 Mon, 15 Mar 2010 09:22:00 +0000 Ayman Asfari, the chief executive officer whose oil and gas engineering skills guided a fourfold increase in the value of Petrofac Plc within five years, is now preparing to tap Iraq’s energy boom. http://www.iraqupdates.com/p_articles.php/article/69094/refid/RSS-energy-16-03-2010 Fri, 12 Mar 2010 06:56:00 +0000 The storm brewing on the Organisation of Petroleum Exporting Countries' (Opec) horizon over future Iraqi oil output could engulf the producer group sooner than it would like. http://www.iraqupdates.com/p_articles.php/article/69093/refid/RSS-energy-16-03-2010 Fri, 12 Mar 2010 06:54:00 +0000 US supermajor ExxonMobil will increase its capital spending nearly 4% this year to $28 billion as it evaluates new fields around the world, but it cautioned that the global economy remained unsteady. http://www.iraqupdates.com/p_articles.php/article/69092/refid/RSS-energy-16-03-2010 Fri, 12 Mar 2010 06:52:00 +0000 The storm brewing on Opec's horizon over future Iraqi oil output could engulf the producer group sooner than it would like, say analysts. http://www.iraqupdates.com/p_articles.php/article/69091/refid/RSS-energy-16-03-2010 Fri, 12 Mar 2010 06:52:00 +0000 Iraqi provinces will have the right to reap $1 from each barrel their oil fields produce, the cabinet has announced. http://www.iraqupdates.com/p_articles.php/article/69042/refid/RSS-energy-16-03-2010 Thu, 11 Mar 2010 09:13:00 +0000 Like one of those perverse twists in the tales of "The Arabian Nights" (many of which, you will recall, took place in Baghdad and Basra), modern Iraq's greatest source of prosperity—its vast reserves of oil and natural gas—could also be... http://www.iraqupdates.com/p_articles.php/article/69027/refid/RSS-energy-16-03-2010 Thu, 11 Mar 2010 07:22:00 +0000 Iraq-focused oil explorer Gulf Keystone Petroleum (GKP.L) said it planned to take over its joint venture in Kurdistan after its partner defaulted, in a deal requiring a significant fundraising. http://www.iraqupdates.com/p_articles.php/article/69025/refid/RSS-energy-16-03-2010 Thu, 11 Mar 2010 07:18:00 +0000 Gulf Keystone Petroleum (AIM: GKP) is set to increase its interests in Kurdistan by assuming 100% control of its GKPI operating subsidiary, following a material default by the company’s investment partner in Kurdistan, ETAMIC. Subject to total expenditure... http://www.iraqupdates.com/p_articles.php/article/69024/refid/RSS-energy-16-03-2010 Thu, 11 Mar 2010 07:17:00 +0000 Some 322.9 million liters of gas oil have been exported to Iraq via Abadan from March 20, 2009 to March 6, 2010. http://www.iraqupdates.com/p_articles.php/article/69022/refid/RSS-energy-16-03-2010 Thu, 11 Mar 2010 07:13:00 +0000 According to a Wall Street Journal report, Iraqi officials said that a consortium led by China National Offshore Oil Corporation (CNOOC) is expected to win the bid for Missan oilfields in southern Iraq. The consortium had accepted the price offered... http://www.iraqupdates.com/p_articles.php/article/68966/refid/RSS-energy-16-03-2010 Wed, 10 Mar 2010 06:35:00 +0000 Iraq is on the cusp of a major expansion in its oil output that within five years may well make it the world’s third largest producer, behind only Saudi Arabia and Russia. Recent relative political and military stability is letting Iraq’s government... http://www.iraqupdates.com/p_articles.php/article/68965/refid/RSS-energy-16-03-2010 Wed, 10 Mar 2010 06:35:00 +0000 A unit of MOL Hungarian Oil & Gas PLC has gauged oil and gas at the Bijeel-1 exploratory well in Iraqi Kurdistan. http://www.iraqupdates.com/p_articles.php/article/68964/refid/RSS-energy-16-03-2010 Wed, 10 Mar 2010 06:32:00 +0000