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Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.
Read More »Civil War Looms in Iraq as Kurds Reinforce Oil-Rich Kirkuk after Rumors of Attack
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 »Europe Braces for End of Iran Nuclear Deal
Trump is expected to have a decision on the nuclear deal as early as Friday.
Read More »New Iran Sanctions Could Send Oil Prices Higher
U.S. sanctions could cut off a lot of Iranian oil trade finance.
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 »Sanctions Against Russia May Last at Least a Decade – Lukoil Boss
Alekperov is Lukoil'.s largest shareholder and owns about a quarter of the firm.
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.
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