Iraq Indicates Willingness to Extend Cuts
Iraq favors an additional one-percent cut in oil production by OPEC and its fellow oil producers.
Iraq | Egypt Oil & Gas - Part 37
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.
Some Question Iraq’s Move to Change Oil Price Benchmark
Some refiners are expressing unhappiness with Iraq’s move to change its pricing mechanism.
Gazprom Neft: Testing LNG Production at Badra
Gazprom Neft announced that it has begun testing the production of liquefied natural gas (LNG) at its new gas plant located at the Badra field.
