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.
Iraq | Egypt Oil & Gas - Part 39
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.
Iraq to Shift Price Benchmarks for Asia
Iraq will adopt a new crude-oil benchmark for its Asian exports.
Iraq’s Oil Exports Trend Lower
Iraq’s oil exports from its southern ports have declined so far this month.
UK Approves $117M to Finance Iraqi Power Plants
UK Export Finance, a British agency tasked to promote British exports, will provide $117 million in financing to General Electric and Enka UK for the construction of two gas-powered electricity plants in Iraq.
