The agreement comes amid tensions over Kurdish claims to sovereignty with reports of armed clashes between Kurdish forces and Iraqi government troops.
Read More »US Shale to Help Power Shell’s Multi-Billion Dollar Chemicals Drive
Shell believes it can almost double the earnings from its chemicals business within the next two years.
Read More »China`s CEFC Eyes Big League with Rosneft Oil Offtake Deal
ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.
Read More »New European Company to Acquire Gas from Shah Deniz 2
Edison will acquire 100 percent of Gas Natural Vendita Italia (GNVI).
Read More »Saudi Aramco Denies It Is Planning to Shelve $2 Trillion Listing
The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.
Read More »Turkey to Hold First Deep Drilling for Oil and Gas in Med in 2018
The country started its seismic energy exploration in eastern Mediterranean on April 21 in line with the government’s ``National Energy and Mining Policy.``
Read More »Civil War Looms in Iraq as Kurds Reinforce Oil-Rich Kirkuk after Rumors of Attack
Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.
Read More »India Needs Help to Boost Oil Production
India needs urgent measures to address the inexorable increase in domestic energy demand. which is driven mainly by the fast urbanization of the population.
Read More »Kurdistan Region Says Iraqi Forces Preparing Major Attack in Oil-Rich Kirkuk
Iraqi forces captured Mosul from Islamic State in July. after a grueling nine-month U.S.-backed offensive with the participation of Kurdish Peshmerga.
Read More »Saudi Arabia Is Losing Market Share to Its OPEC Rivals
Iran is growing its production. as it was allowed to pump an additional 90.000 bpd based on its October production level under the OPEC cut deal.
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