Iraq | Egypt Oil & Gas - Part 40
Iraqi Fuel Oil Exports Rise Despite OPEC Cuts
Iraqi fuel oil exports have risen since the beginning of 2017 despite the country’s commitment to curb production in line with OPEC supply cuts.
Egypt to Receive Oil Shipment from Iraq
Iraq started loading a tanker with 2mb of crude oil bound for Egypt, marking the first shipment under a bilateral agreement.
Kuwait’s Oil Exports to China Rise 14.7%
Kuwait's crude oil exports to China in the first three months of 2017 rose 14.7% from the same period of 2016 to 305,000b/d.
Saudi Arabia Loses Market Share to Iran, Iraq
Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices. Iraq Starts Final Phase of Halfaya’s Expansion
The third and final phase of work to expand southern Halfaya oil field is part of Iraq's plan to double the field's capacity to 400,000b/d by 2018.
Petrofac Secures $70m Contract Awards in Iraq
The series of contract awards covers engineering, operations and maintenance services in Iraq.
Oman, Iraq to Sign Storage Deal
Oman will sign a strategic oil storage deal with Iraq to expand trading capacity. Iraq Mulls Exemption from OPEC Cut Deal
Iraq may seek exemption because it needs its oil income to fight the Islamic State.
