Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.
Read More »BP Names Oil Industry Veteran Helge Lund as Chairman
Norwegian previously ran Statoil and BG Group.
Read More »Kuwait Energy Starts Producing Natural Gas from Field in Southern Iraq
Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.
Read More »Aramco Considers to Become One of World`s Biggest Oil Traders
Saudi oil giant plans to trade as much as 6 million barrels a day.
Read More »BP Considers Partnership with Rosneft Despite Sanctions
The major part of the summit is being dedicated to several important topics.
Read More »Exxon Has Challenge in Iraq as Oil and Water Mix
Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.
Read More »BP CEO Aims to Keep Carbon Emissions Flat into 2025
BP said it plans to keep net emissions from its operations stable between 2015 and 2025.
Read More »Iran Oil Exports Amounts to 2.5 mbpd
China and India are Iran'.s largest oil buyers.
Read More »China Shale Gas Output Significant Increase
China produced 9 bcm of shale gas last year. or 6 percent of its total gas output.
Read More »14 Companies Interested in Iraq`s Oil Development Contracts
Iraq hopes to end gas flaring by 2021.
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