Iraq | Egypt Oil & Gas - Part 49

Saudi Arabia Drops Oil Prices for Asian Markets

Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.

Iran Plans to Boost Gas Export to 200mcm/d

Iran plans to raise its gas exports to 200mcm/d through pipelines to nearby countries. In addition, the achievement of liquefied natural gas (LNG) projects are also prioritized.

ISIS Attacks Northern Iraqi Energy Plants

Islamic State militants launched an assault on two energy facilities in Northern Iraq bringing a major oil pumping station to halt.

OPEC Oil Output to Reach Record High in July

The Organization of the Petroleum Exporting Countries' (OPEC) oil output is likely to reach its record in July. Supply from OPEC has risen to 33.41mb/d in July.

Exxon, Petrochina to Develop Iraq’s Oil Fields

ExxonMobil and Petrochina are in talks with the Iraqi government about possible solutions to boost crude production at the Nahran Oman and Artawi fields, said Iraqi Deputy Oil Minister, Fayyad Al-Nima.

Japan to Lend Iraq $2.1b to Develop Basra Oil Refinery

A top Iraqi official announced that Japan will lend an amount of $2.1b to Iraq, to be allocated for developing Basra refinery.

Iran to Export 25mcm/d of Gas to Iraq

Director of the International Affairs Department at National Iranian Gas Company (NIGC) said that an Iraqi delegation will be present in Iran in early August to discuss a natural gas export project.

Iraq to Witness Rise in July Oil Exports

Iraq's oil exports are set to rise in July, according to loading data and an industry source, putting supply growth from OPEC's second-largest producer back on track after two months of declines.

UAE’s Drake&Scull Wins $62m Iraqi Zubair Oilfield Contract

UAE's Drake & Scull International (DSI) said it has been awarded a $62m contract at the Zubair oil and gas field in Basra in southern Iraq by a subsidiary of Italian energy giant Eni.

ISIS Establishes Micro-Refineries in Iraqi Oil Fields

Satellite images show that the Islamic State (IS) has dug hundreds of pits in Mosul oilfields to store and refine crude oil after its refineries and oil tankers were destroyed.

Page 49 of 66

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password