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Iraq is working to divert most future output from Kirkuk oilfield to local refineries.
Read More »Iraq Boosts Output Capacity at Kirkuk Oil Refinery
Oil Prices Drop on Increased U.S. Drilling Activity
OPEC and its allies started withholding supplies last January and currently plan to continue doing so throughout 2018.
Read More »Iraq and Iran Sign Kirkuk Oil Export Contract
Iraq plans to double its production from oilfields in Kirkuk to one million barrels per day.
Read More »The Arctic Threat to Saudi Arabia’s Grand Oil Bargain
Russia has three oil export terminals on its Arctic coast.
Read More »Exit Strategy of Global Cuts to be Discussed before June
Under the current deal the producers are cutting supply by about 1.8 million barrels per day (bpd).
Read More »Iraq Oil Minister Says Kirkuk Oil Swap Deal with Iran is for One Year
Iraq has asked BP to help increase output from Kirkuk oilfield to more than 700.000 barrels per day.
Read More »Asian Markets Looking Forward to Import More LPG from Iran
International trading firms Petredec and Glencore lifted cargoes from Iranian ports in December.
Read More »Iran. Iraq Negotiate Start Date for Kirkuk Oil Swap
some 30.000 barrels per day of Kirkuk crude oil would be transferred ``in the near future`` by trucks to Iran’s Kermanshah refinery.
Read More »Gazprom to Raise Investments in Iraq’s Badra Oilfield
The oilfield is now producing 85.000 barrels per day. according to the Iraqi oil minister.
Read More »Oil Minister Slams Pakistan’s Inaction on Gas Deal with Iran
Pakistan has fallen short of constructing the 700-kilometer part of the pipeline on its territory.
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