Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.
Read More »OPEC Basket Down in Price
Oil prices are rising on April 7.
Read More »Iran Wants about $10b for Offshore Fields Investment
A major new oil gas discovery. similar to the giant South Pars Gas Field. is unlikely to take place.
Read More »NIDC Expanding Oil. Gas Drilling
NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.
Read More »Is Extending OPEC Cuts a Done Deal?
Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »Qatar to Boost Gas Production from Underwater Field
Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.
Read More »OPEC Chief: Iraq has Pledged to Fully Comply with Oil Cut Deal
The focus is now to re balance the market.
Read More »Iraq Looking for Iran`s Cooperation to Exploit Shared Oilfields
Iran is now ready to export gas to Iraq and Baghdad is also ready to receive the item.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Iran Begins Oil Recovery from South Pars
Production from the layer will reach 35.000 barrels per day once its wells are fully operational.
Read More »
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