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An intergovernmental agreement between Russia and Turkey on cooperation in construction and operation of the Akkuyu plant was signed in 2010.
Read More »Turkey. Russia to Mull Energy Issues
Gas Exports to Turkey Exceed 5bn Cubic Meters
Iran’s gas is supplied to Turkey through Bazargan border terminal.
Read More »Baker Hughes Signs Power Generation Deal with Iraqi Firm
The Halfaya oilfield was discovered in 1976 with 4.1 billion barrels in reserves and is situated in the southern part of Iraq .
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »Wild Swings in Iraq Oil Production Give OPEC another Problem
Fighting over Kirkuk and other regional tensions contributed to the increase in prices.
Read More »Iraq Turns into 2nd Largest Gas Importer from Iran
Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.
Read More »Rosneft Pays Kurdistan $1.3bn Upfront in Production Deal
Russian energy juggernaut annoys Baghdad as it pumps in cash to restive region under crude oil purchase contract.
Read More »Baghdad Targets 1 Million bpd Output for Kirkuk Oilfields
According to results announced by the KRG. nearly 93 percent of registered voters cast ballots in favor of independence.
Read More »Oil Markets Cautious on Middle East Tensions. Increased U.S. Drilling
U.S. oil producers have raised output C-OUT-T-EIA by more than 14 percent since mid-2016 to a record 9.62 million barrels per day.
Read More »Iran. Iraq to Swap Oil
The export volume is subject to increase and it will be transferred by tankers through Kermanshah. western Iran till the oil pipelines will be completed.
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