Oil

The bulk of Iraq’s oil is exported via the southern terminals.

Basra Gas Company. established in May 2013. is one of Iraq’s biggest gas companies.

With many Soviet-era oil fields in decline. Russia will need new sources by the mid-2020s if it wants to maintain production.

Oil bulls are charging into the new year with unprecedented vigour.

It is estimated that the repair will take about one week from today.

The pipeline explosion in Libya is a lot more serious as it may take a long time to restore

Iraqi oil officials have estimated the East Baghdad field. a ".super giant". with about 8 billion barrels of crude reserves.

Iran discovered Azadegan oil field in the oil-rich southwestern province of Khouzestan in 1999.

The plans presented by OMV and Gazprom Neft are aimed at defining a production ceiling for the field.

Project will be offered to other companies. no agreement is reached by February. oil minister said.