Iraq | Egypt Oil & Gas - Part 38
US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
Kirkuk Government Opposes Iran-Iraq Pipeline
The Provincial Government of Kirkuk will not cooperate with the central government’s plans to export oil from the Kirkuk oil fields to Iran.
Iraq’s Oil Exports Reach 3.230 M b/d
Iraq's oil exports reached an average of 3.230 million b/d in July, the Iraqi oil ministry announced August 1st.
Opportunity for further Egyptian Investment in Iraq
Iraq offered the Egyptian government the opportunity to invest in several concession areas.
Iraq Announces Gas Liquids, Condensates Exports
Iraq’s exports of gas liquids and condensates reached 59,370 tons and 356,008 cubic meters respectively during the first half of 2017, announced the Iraqi Oil Minister, Jabar Ali al-Luaibi.
OPEC, Non-OPEC Countries to Discuss Non-Compliance with Agreement
Kuwait and Russia will chair a meeting in Abu Dhabi on August 7th and 8th to discuss why some signatories of last year’s oil-production agreement are failing to fulfill their promises to cut production.
Petrojet Establishes First LPG Storage Tank in Iraq’s Siba
Egypt's Petroleum Projects & Technical Consultations Company (PETROJET) installed its first liquefied natural gas (LNG) storage tank at the Iraqi Siba gas field.
Petrofac Signs New Agreements in Iraq
Iraq has awarded the UK-based company Petrofac a new contract and a contract extension of an existing agreement to provide engineering services to two international oil companies (IOCs).
