Saudi Arabia has been making contingency plans for a possible delay of the IPO. expected to be the largest in history.
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 »Petronas Looks to Exit from Iraq’s Majnoon Field
The field. located near the southern Iraqi city of Basra. pumped its first oil in September 2013.
Read More »Thousands of Troops Sent to Kirkuk to Face `Iraqi Threat`
The Kurds have repeatedly called for negotiations following the referendum in which an overwhelming majority voted for independence.
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 »Indonesia`s Drive to Reduce Oil Imports a Boon for Producers
With oil demand at about 1.2 million bpd and production at about 800.000 bpd. investors in Indonesia’s oil and gas sector will have a big supply gap to fill.
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.
Read More »Iraq Shifts Gears with Plan to Fix Unused Oil Pipeline to Turkey
The government'.s latest move allows Baghdad to export crude without depending on Kurdish region.
Read More »India Offers $11bn to Develop Iran’s Farzad B Gas Field
The investment includes $5.8 billion for developing Farzad B and another $5 billion to build a facility to liquefy the gas and export it as liquefied natural gas (LNG).
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