Latest news
Iraq’s Majnoon oil field is of no interest to Shell
Shell wants to sell its share in Iraq’s Majnoon oil field after both parties failed to reach an agreement on future production plans and investment budgets, as stated by Reuters on Wednesday.
read more... 14/09/2017
Iraq’s Maysan Oil drills first well on Iranian border
Iraq’s state-owned Maysan Oil will survey the production of oil and gas at the Haifaya oil field, which was opened during a visit from the Oil Minister Jabrane Al-Luaibi.
read more... 11/07/2017
Daily (11.05.2017): Oil prices jumped by more than 3% on Wednesday
Oil prices surged by more than 3% on Wednesday, boosted by the biggest one-week slump in U.S. inventories so far in 2017, and after Iraq and Algeria joined Saudi Arabia in sustaining an extension to OPEC supply cuts.
read more... 11/05/2017
Daily (07.03.2017): European spot power prices spurred by high demand, tighter supply
Crude oil prices evolved differently on Monday, with Brent gaining ground and WTI crude falling slightly on reports that Iraq would participate in output reduction if OPEC extended oil production cuts into the second half of the year.
read more... 07/03/2017
Russian giant Rosneft to expand in Libya and Iraq
Russian oil company Rosneft has expanded its activities in the Middle East by signing two oil purchase agreements in Libya and Iraq.
read more... 24/02/2017