Iraq | Egypt Oil & Gas - Part 61
Iraq Crude Oil Exports Decline by 14%
Iraq’s Oil Ministry said on Thursday that crude exports averaged 2.535 million b/d in January, a decrease of nearly 14% from the previous month, depriving the nation of badly needed cash both for ongoing military ope ...
Iran Consortia to Build Gas Pipeline to Iraq
A top Iranian energy official says a total of 14 domestic consortia have voiced readiness to finance the construction of a pipeline that will transport natural gas from Iran to its western neighbor, Iraq.
Hayward: Low Prices Will Retard Iraq Oil Growth
The head of Iraqi Kurdistan-focused oil producer Genel said Tuesday that Iraq's crude output would grow far slower than many expect, as the drop in oil prices reduces investments and stokes instability in the country.
Kurdish Oil Exports Localized
Oil producers in Iraqi Kurdistan, including Gulf Keystone Petroleum and Genel, have started ramping up deliveries to the local market at the expense of foreign sales after months of unpaid export bills.
Sanctions Proposed Against Those Buying ISIS Oil
A proposed U.N. resolution to crack down on the financing of terrorist groups calls for sanctions on individuals and companies trading oil produced by the Islamic State and other al-Qaida-linked groups.
Iraq Displaces Iran as India Supplier
India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has replaced Iran with Iraq in its list of oil suppliers and has purchased its first cargo of Basra Light from Baghdad.
Iraq: Budget Trimmed Due to Oil Prices
Falling oil prices forced Iraq’s cabinet to revise its draft 2015 budget, trimming its forecast for oil to $55 a barrel from $60.
Shell to Make Iraq Top Petrochem Producer
Royal Dutch Shell (RDSa.L) has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser al-Esawi said
