Genel Energy, a major oil investor in the Kurdish region in Iraq, said that it was optimistic about its economic prospects for 2016 in spite of the decline in oil prices and the security situation in Iraq, reported Re...
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 ind...
Barclays Plc has warned that Iraq’s oil production is at risk for the upcoming winter when “loading problems” emerge and reduce output by 300,000 to 500,000 b/d, reported Bloomberg. Loading facilities and the nation’s...
A source informed Bloomberg that the Iraqi government has mandated Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. to organize meetings to help launch the country’s planned $6b international bond progra...
International oil companies (IOCs) working in Iraqi Kurdistan will now receive monthly payments beginning September for the crude they produce and export, for the first time since December, announced the Kurdistan Reg...
Iraqi Kurds are independently selling oil produced in their region, bypassing the country’s state crude marketer for all exports so far this month, said Safeen Dizayee, a spokesman for the Kurdistan Regional Governmen...
Iranian companies signed a $2.3 billion agreement on Monday to build 1,300 kilometers of pipeline which the country sees as its most important conduit for future gas exports to Europe. The Iran Gas Trunkline-6 (IGAT-6...
Dana Gas, one of the largest oil and gas investors in Iraq’s semi-autonomous Kurdish region, said on Sunday that it had obtained a favourable ruling from a London arbitration tribunal in its dispute with Kurdist...
Iraq’s oil exports have slipped so far in April to 2.92 million b/d, according to loading data and industry sources, although shipments from OPEC’s second-largest producer remain close to a record high. If...
Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond. The bonds were issued at a market price in line wi...