Iraq | Egypt Oil & Gas - Part 52

Iraq Mulls Tying Oil Companies’ Revenues to Global Oil Prices

The Iraqi oil ministry is holding talks with foreign oil companies debating alteration to the signed agreements in an attempt to switch from the currently used service agreements model to a revenue-sharing model that ...

Iran Plans to Boost Oil Output by 500,000 Barrels a Day

Iran has announced plans to boost its oil production by 500,000b/d, taking advantage of the final removal of sanctions in mid January.

KRG Struggling for Cash as Oil Debts, ISIS Threat Mount

The autonomous Kurdistan Regional Government (KRG) in northern Iraq announced that it may sell parts of its electricity sector to raise funds to reduce its budget deficit.

Iraq’s Nassiriya Field Development, Refinery Project Back on Track

The Iraqi oil ministry and newly established Dhi Qar Oil Company are reviving plans to boost production and refining of crude oil from the Nassiriya field in southern provinces at a capacity of 300,000b/d, delayed fr ...

ISIS Employs Foreign Workers to Keep its Oil Flowing

The Islamic State militant group had employed thousands of workers to keep crude pumping from rudimentary wells captured in the oil fields of Iraq and Syria. Oil revenue is making up nearly half of the group’s profits.

Iraq Seeking Foreign Investments to Increase its Oil Output

Iraq's state-run South Oil Co. (SOC) has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar Integrated South Project to boost infrastructure that will allow to increase output from its sma ...

Iraq to Resume Oil Exports Through Saudi Pipeline

Iraq is seeking to reopen its crude oil pipeline from its southern oilfields through Saudi Arabia to the Red Sea port of Yunbu.

Stirling to Train Kurdish Oil Workers in HSE

UAE-based Stirling Group, the leading provider of health, safety and environmental (HSE) services, has partnered with the EU Iraq Energy Center (EUIEC) to deliver risk management training for the Iraqi oil and gas in ...

Dana Gas Triumphs in Court Case Against Kurdish Government

Shares of Dana Gas jumped about 5% in trade after the British high court upheld an earlier order requiring $100m in payment from the Kurdistan Regional Government (KRG) to Dana's consortium

Iraq in $30 a Barrel Price War as Investments Stagnate

Iraq may increase oil output further in 2016 as the country prepares to sell some crude grades for as little as $30 a barrel.

Page 52 of 66

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password