Iraq | Egypt Oil & Gas - Part 39
Egypt, Iraq to Establish Joint Oil Companies
Egypt and Iraq agreed on establishing joint companies for oil, natural gas, and petrochemicals.
Gazprom Neft, OMV Sign MoU
Russia's Gazprom Neft and Austria's OMV signed a memorandum of understanding (moU) for working together on Iran’s oil and gas projects.
Iraq to Establish Oil Refinery in Kirkuk
Iraqi government approved the establishment of a $5b oil refinery project in Kurdistan’s Kirkuk.
MENA Crude Weakens Following Omani Prompt Oil Offer
The Middle East crude market weakened for a second session as prompt oil sales by Oman weighed on the market.
Iraq Mulls Largest Sovereign Oil-Hedging Deal
Iraq is mulling an oil hedging program to lock in prices for future crude sales, potentially topping a similar deal run by Mexico.
Iraq, Jordan Stress Security Importance for Joint Pipeline
Iraqi president highlighted the importance of the oil pipeline, adding that work is underway to reopen the international highway as a priority for Iraq.
Iraq, Algeria Signal Consensus on OPEC Cuts
OPEC and major oil exporters reached consensus to extend the limits of cuts until the end of 2017. EnerMech, Khudairi Group Launch JV in Iraq
The joint venture targets both the re-emerging oil and gas and large infrastructure sectors.
