Oil

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South Iraq Oil Refinery

  Oil exports from Iraq’s southern terminals have fallen so far in January, according to loading data and an industry source, a sign that OPEC’s second-largest producer is following through on the group’s decision to cut output. Baghdad’s initial request to be exempt from the deal, plus loading programmes pointing to continued high Iraqi exports,
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Iraqi Syrian border

Burning issue: International Interests to take Control of Iraq-Syria Border As the fight against the extremist group known as the Islamic State continues to succeed, albeit at a slower pace than hoped for, the Iraqi government is starting to consider what to do about the country’s borders with Syria. To the west of Mosul, for
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Oryx Petroleum Initiates Drilling Of New Well At Zey Gawra

Oryx Petroleum has given an update about its operations in Iraqi Kurdistan In December 2016, the Zey Gawra-1 well was side-tracked (referred to in this press release as the “Zey Gawra-1ST well”) and completed in open hole partially penetrating the Cretaceous reservoir in the Zey Gawra field. Production from the naturally flowing well is currently
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Iraqi Oil Minister Request Sonangol For Come Back

Iraqi oil minister Jabar Ali al-Luaibi Demand Sonangol To Resume Work In Iraq Iraqi oil minister Jabar Ali al-Luaibi [Allibi] has told the Angolan oil company Sonangol to resume its work in developing the Qayara and Najmah oil fields in Nineveh governorate. In 2010 Sonangol was granted a 75-percent stake in the fields, along with
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Gulf Keystone Appoints New COO

Gulf Keystone Appoints Stuart Catterall as Chief Operating Officer Gulf Keystone Petroleum (GKP) has announced that it has appointed Stuart Catterall as Chief Operating Officer (“COO”) and a member of the Executive and Leadership teams. Catterall will have responsibility for operational and technical activities within GKP, across the full spectrum of activities including procurement, budgeting
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UPDATE 1-Oil prices edge up on Saudi supply cut, but outlook remains cloudy * Saudis cut supplies slightly to some Asian buyers * Rising U.S. output, high stockpiles remain a concern (Adds Saudi cuts, updates prices) SINGAPORE, Jan 11 (Reuters) – Oil prices edged up on Wednesday, lifted by a small supply cut by crude
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Hits Of Oil By DNO

Hits Of Oil By DNO At Peshkabir DNO ASA, the Norwegian oil and gas operator, has announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank of the Peshkabir field. The well flowed at a stable rate of 3,800 barrels of
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Iraq Southern Ports Refinery

New record level of Oil Exports in Iraq Southern Ports Crude oil exports from the Iraq’s southern ports reached a new high in December. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] said in a statement on Monday that exports from the country’s southern and central fields averaged 3.510 million barrels per day last month, which
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Egypt Plans To Import Oil

Egypt plans to Import Oil Directly from Iraq According to a report from Reuters, Egypt hopes to finalise a deal by the first quarter of 2017 to import crude oil directly from Iraq. Petroleum Minister Tarek El Molla (pictured) told reporters that Egypt aims to import between 1 million and 2 million barrels per month from
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