SOMO Sells November Light Crude at Higher Premium
SOMO sold the 2 million barrels at a premium of a little more than $1 per barrel to its official selling price (OSP).
Iraq | Egypt Oil & Gas - Part 16
India’s Iraq Oil Imports Surge in August
India’s oil imports from Iraq boosted in August by shipping around 1.32 million barrels per day (b/d).
Iraq’s Oil Exports Top 111 MM barrels in August
Iraq has exported 111.7 million barrels of oil during August, with total revenues of about 6.42 billion.
Iraq, Boskalis Ink MoU for New Artificial Island
Basrah Oil Company (BOC) has signed a memorandum of understanding (MoU) with Royal Boskalis Westminster to establish a new artificial island.
Dana Gas Egyptian Assets Attract Huge Interest
Dana Gas is receiving several offers from companies interested in acquiring its asset portfolio in Egypt.
Iraq Vows to Cut Oil Output
Iraq will reduce crude oil production levels starting from October, according to the Iraqi Minister of Oil, Thamer Ghadhban.
Iraq, Stroytransgaz Sign E&P Deal
The Iraqi Ministry of Oil announced that it has signed a deal with Stroytransgaz for the exploration, development, and production of bloc 17 in the Western Anbar province.
Iraqi Oil Exports Rise to 3.6 MM b/d
The Iraqi Ministry of Oil announced that crude exports increased in August to 111.706 million barrels, with revenues of more than $6.341 billion.
OPEC Monthly Output Rises for First Time in 2019
The Organization of the Petroleum Exporting Countries (OPEC) has recorded its first monthly increase in oil output this year.
Iraq Discusses Gas, Petrochemical Projects with Saudi Investors
A number of investment opportunities in Iraq’s gas and petrochemicals field have been presented to Saudi investors.
