Iran has paid compensation to Turkey as per International Court of Arbitration ruling in 2012 by providing free gas exports.
Read More »Iraqi Army Planes to Secure Oil Route to Iran
Iraqi oil officials announced in December plans to transport Kirkuk crude by truck to Iran’s Kermanshah refinery.
Read More »Russia. Syria Consider Energy Sector Cooperation
This cooperation will help the normalization of the socio-economic situation in the country.
Read More »US-Mideast Oil Battle Heating Up
The fight between the US and the Middle East for a slice of the Asian oil market is heating up. with their rivalry now spilling over into refined fuels.
Read More »Iraq Denies Daesh Controls Oil-Rich Kirkuk
Iraqi forces expelled Daesh from oil-rich Kirkuk in October.
Read More »Iraqi Oil-Export Ambitions Puts Strain on OPEC Accord
Iraq shipped a record 3.55 MMbopd from Basra. the country’s southern outlet to the Persian Gulf. in January.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Iraq Loosens Oil Shackles for Premium Prices
SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.
Read More »Syria. Russia Cooperate in Energy Field
Syria and Russia would be partners in reconstruction of Syria.
Read More »Iraq to Start 60.000 bpd Oil Swap with Iran
Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.
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