Oil Minister: Shell in Talks with Iraq over Majnoon
Negotiations between Royal Dutch Shell and Iraq over the Majnoon oilfield are continuing.
Iraq | Egypt Oil & Gas - Part 36
Iraqi Minister Clarifies: Additional Cuts Not Necessary at Present
The Iraqi Oil Minister, Jabar El Luaibi, clarified that Iraq does not see an immediate need for more production cuts.
Iraq Indicates Willingness to Extend Cuts
Iraq favors an additional one-percent cut in oil production by OPEC and its fellow oil producers.
Rosneft to Invest $1B in KRG Pipeline
Russian oil firm, Rosneft, will invest approximately $1 billion to develop natural gas pipelines in areas under the authority of the Kurdistan Regional Government (KRG).
Shell to Sell Its Stake in Iraq’s West Qurna 1 Oilfield
Royal Dutch Shell plans to sell its stake in Iraq’s West Qurna 1 oilfield.
Iraq Changes Course on Price Benchmarks
Iraq is reconsidering its previously announced plan to switch its price benchmark for Asian-bound crude from the Platts’ Oman-Dubai average to DME Oman futures.
Shell to Exit Iraq’s Majnoon Oilfield
Royal Dutch Shell is looking to conclude its operations at Iraq’s Majnoon oilfield.
Tribes Clash Close to Basra’s Oil Fields
Tribal clashes in Iraq’s oil-rich Basra region are beginning to impact oil operations.
Oil Minister: Iraq is in Compliance with Production-Cut Agreement
Iraq’s crude oil production fell to 4.32 million barrels per day (b/d) in August.
