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 Iraq's Majnoon oilfield, operated with Royal Dutch Shell, should be ready to produce 175,000 barrels per day (bpd) by the end of 2012, an output level that triggers cost recovery and service fee payments, a senior company official said on Tuesday. http://www.iraqupdates.com/p_articles.php/article/107780/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 06:04:00 +0000 A new study rating 197 countries on their respect for the rule of law highlights oil and gas rich Burma, South Sudan, Turkmenistan, Libya, Angola and Iraq as ‘extreme risk’ countries, offering the least legal protection to foreign companies and... http://www.iraqupdates.com/p_articles.php/article/107776/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 05:56:00 +0000 The top Iraqi emissary to Korea said in an exclusive interview with the Korea JoongAng Daily yesterday that Iraq will welcome a request to increase its oil supply to Korea. http://www.iraqupdates.com/p_articles.php/article/107774/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 05:53:00 +0000 China National Petroleum Corp said Tuesday that its subsidiary in Iraq produced 2.603 million mt (615,483 b/d) of crude oil in January, which was 122.6% of its output target, according to a company newsletter. http://www.iraqupdates.com/p_articles.php/article/107771/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 05:48:00 +0000 Iraq's Majnoon oilfield, operated with Royal Dutch Shell, is expected to reach 175,000 barrels per day (bpd) production by August this year from current output of 54,000 bpd, an official at the state-run South Oil Company said on Tuesday. http://www.iraqupdates.com/p_articles.php/article/107770/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 05:47:00 +0000 Crude exports from northern Iraq via the Turkish port of Ceyhan resumed after a three-day halt resulting from sabotage to the pipeline network in Turkey, an official from Iraq’s North Oil Co. said. http://www.iraqupdates.com/p_articles.php/article/107769/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 05:44:00 +0000 The Undersecretary of the Ministry of Oil for the filter and gas industry, Ahmed Shamma'a in an interview with "Shafaq News" that "in 2010 the rate of the final refinery production was up to 527 000... http://www.iraqupdates.com/p_articles.php/article/107739/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 05:13:00 +0000 Africa-focused oil firm Afren announced Monday that the operator of the Nunya-1X exploration well on the Keta block, offshore Ghana, has begun drilling. The Nunya-1X (formerly called 'Cuda-2') well is being drilled using the drilling rig Transocean... http://www.iraqupdates.com/p_articles.php/article/107726/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 04:51:00 +0000 Iran generally provides 30 percent of Turkey’s oil supply, Iranian natural gas is also of crucial importance to Turkey, as it constitutes one-third of Turkey’s total natural gas imports. http://www.iraqupdates.com/p_articles.php/article/107725/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 04:44:00 +0000 Europe's flagship project to bolster its energy security by building a major gas pipeline to the Caspian that skirts Russia is near collapse, analysts say, with a newly confident Turkey playing a key role. http://www.iraqupdates.com/p_articles.php/article/107724/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 04:44:00 +0000 Iran’s Petroleum Engineering and Development Company signed a deal, worth around $200 million, in Tehran on Monday, with a domestic company, named Dana Energy, to develop the Changooleh oilfield, which is associated with Iraq. http://www.iraqupdates.com/p_articles.php/article/107723/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 04:41:00 +0000 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 remain almost unchanged. http://www.iraqupdates.com/p_articles.php/article/107714/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 04:16:00 +0000 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. http://www.iraqupdates.com/p_articles.php/article/107713/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 04:15:00 +0000 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 cede its share in the consortium to Russia. The Voice of Russia’s Yulia... http://www.iraqupdates.com/p_articles.php/article/107710/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 04:10:00 +0000 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 carrying Iraqi crude through... http://www.iraqupdates.com/p_articles.php/article/107684/refid/RSS-energy-08-02-2012 Tue, 07 Feb 2012 03:35:00 +0000 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. http://www.iraqupdates.com/p_articles.php/article/107782/refid/RSS-energy-08-02-2012 Wed, 08 Feb 2012 06:30:00 +0000 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 director Ahmad Qalebani said on Sunday. http://www.iraqupdates.com/p_articles.php/article/107633/refid/RSS-energy-08-02-2012 Mon, 06 Feb 2012 08:01:00 +0000 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 1-11, 2013), said oil minister on Saturday. http://www.iraqupdates.com/p_articles.php/article/107632/refid/RSS-energy-08-02-2012 Mon, 06 Feb 2012 08:01:00 +0000 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, Iraq announced... http://www.iraqupdates.com/p_articles.php/article/107623/refid/RSS-energy-08-02-2012 Mon, 06 Feb 2012 07:45:00 +0000 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. http://www.iraqupdates.com/p_articles.php/article/107592/refid/RSS-energy-08-02-2012 Mon, 06 Feb 2012 06:42:00 +0000