The Kirkuk Ceyhan pipeline crosses territory taken by Islamic State militants in 2014 and recaptured by U.S.-backed Iraqi forces over the past two years.
Read More »Saudi Aramco Exploring Investment. JV Options in India
Saudi Aramco’s commitment to invest in India’s energy sector comes in the wake of the complete removal of subsidy and administered pricing of auto fuel since October 2014.
Read More »Iraq`s Talks with Exxon on Southern Oilfields Project Reach Final Stages
Iraq. OPEC’s second-largest producer. had approached PetroChina and Exxon Mobil about investing in the project.
Read More »Chevron. Total Interested in Majnoon Oilfield
Royal Dutch Shell said last month it had agreed with Iraq’s oil ministry to relinquish operations at the Majnoon field to the government after unfavorable changes to fiscal terms.
Read More »Saudi Aramco Expands in India
Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.
Read More »Iran Will Have to Take Bigger Share of OPEC Cuts
The reductions will be on the same terms as those agreed in November.
Read More »OPEC Unlikely to Lure Asian Producers
In November. OPEC and non-OPEC ministers will discuss the market situation and implementation of a global deal to cut oil production.
Read More »Nematzadeh Appointed as Top Oil Adviser
Nematzadeh. 72. served as the minister of industries. mining and trade between 2013 and 2017 during the first term of Hassan Rouhani as president.
Read More »Venezuela to Invite More Countries to Join Output Cuts
Iran’s Oil Minister Bijan Zanganeh told Reuters at the event that there is ``no objection`` to the proposal for deeper cuts.
Read More »3 Foreign Oilfield Proposals Under Review
According to Zanganeh. Tehran aims to sign 10 new oil deals by the end of the current fiscal year (March 20. 2018).
Read More »