Oil rises all thanks to production cuts

Oil prices rose Thursday after big losses in the previous session , supported by a strong commitment … Read More

Iraq, Iran agree to Resolve Dispute

On Feb. 20, the Iraqi Oil Ministry signed a memorandum of understanding with the Iranian Oil Ministry … Read More

OPEC compliance with oil curbs rises to 94 percent in February: Reuters survey

OPEC has cut its oil output for a second month in February, a Reuters survey found on … Read More

Brief Report on Oil Export, OPEC Cut Effects and Budget Implications

                             Oil Export, OPEC Cut Effects and Budget Implications

                                                           Ahmed Mousa Jiyad,

                             Iraq/ Read More

Rosneft and KRG sign Oil contract of Kurdistan Region over the period 2017-2019

Russia’s Rosneft and the Kurdistan Regional Government of Iraq signed a Cooperation Agreement in the fields of … Read More

Iraq discover new major oil reserve, which will boost production up to 1000 cm

Baghdad: Iraq announced on Wednesday a new major oil reserve discovery that could add a daily production … Read More

Iraq’s foreign reserves decline to US$49 bn

Baghdad: Iraq’s foreign currency reserves recorded a drop to US$49 billion, a decline triggered by falling world … Read More

Iraq will Acquire “Large Fleet” of Oil Tankers

Oil Minister Jabar Ali al-Luaibi [Allibi] as saying that Iraq plans to acquire a “large fleetRead More

DNO ASA will start oil drilling in Kurdistan

 

DNO ASA, the Norwegian oil and gas operator, today announced a stepped up drilling campaign in … Read More

Oil prices rise to $53, After the US sanctions imposition on Iran

 

Oil prices rose, the Sabbath, to $ 53 after the United States imposed sanctions on some … Read More