Iraq | Egypt Oil & Gas - Part 63
Iraq Increases Basrah Crude Prices to Asia, Reduces Them for U.S. and Europe
Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region.
35% Savings on Petroleum Subsidies Due to Oil Prices Decline
Savings on petroleum product subsidies will reach an estimated 35% of the current value of EGP 100 billion for the FY 2014/2015 budget if current oil prices continue as is, Minister of Petroleum Sherif Ismail said.
Iraq Can Sue Kurdish Regional Government for Oil Repossession
The oil tanker SCF Byrranga, which was renamed the United Kalavryta (also known as United Kalavrvta) in March 2014 and is currently off the coast of Texas with a cargo of Kurdish crude oil. US District Judge Gray Mil ...
Iraq’s Crude Exports Increased in December
Iraq's crude oil exports reached 2.94 million b/d in December, a new record high, taking the country's 2014 monthly average to 2.517 million b/d, as the recent deal with Kurdish authorities begins to bear fruit.
Gazprom Brings Third Well in Iraq’s Badra Field onto Production
JSC Gazprom Neft said a third well in the Badra field in eastern Iraq has come on production, ensuring “sustainable” rates of at least 15,000 b/d. Drilling of another three wells continues.
Dana Gas and Crescent Petroleum Achieve 5 Years Continuous Production in Kurdistan Region of Iraq
Dana Gas, the Middle East's leading regional private sector natural gas Company, and Crescent Petroleum, the oldest private oil and gas Company in the Middle East, have announced the achievement of five years of cont ... Iraq awards $348 mln of drilling deals for Maysan oilfields
Iraq has awarded $347.8 million worth of drilling contracts for the Maysan oilfields in the south of the country, a government statement said on Tuesday. Total acquires further KRG block : report
Total has acquired an 80% stake in the Baranan production sharing contract in Iraqi Kurdistan, potentially raising further ire from Baghdad over its operations there. 
