The Kurdistan Regional Government is proud of the achievements of its oil and gas industry since the fall of the former regime in 2003. It expects the federal government of Iraq to be proud of them, too. Since oil exports from the ...
Tags: KRG, Baghdad, Oil Policy
Both Russia’s Gazprom Neft and the Kurdistan Regional Government have denied that the company has frozen projects in Iraqi Kurdistan. “Gazprom Neft is still working on these projects. The company keeps its interest in ...
Tags: Gazprom, Freezing Kurdistan Contracts, Iraqi Kurdistan
A spokesman for Iran’s Oil Ministry has confirmed that Iran is planning to build a pipeline to carry natural gas to Iraq and Syria. Alireza Nikzad Rahbar told Iran’s PressTV on Wednesday: “Based on agreements already ...
Tags: Iran, Gas Pipeline, Iraq, Syria
The first day of Iraq’s fourth energy auction resulted in just one successful bid, with four of the today’s six exploration fields receiving no bids from the 47 pre-qualified bidders.. A consortium of Kuwait Energy (40%), ...
Tags: first day, Iraq, energy auction, oil
Iran’s Oil Minister, Rostam Qasemi (pictured), says his country is expected to start exporting natural gas to Iraq by the end of the next Iranian year (to start March 21, 2013), reports the Iranian news agency PressTV. Last year, ...
Tags: Iran, Oil Minister, Rostam Qasemi, natural gas, Iraq
Norway's Statoil and its partners are going ahead with the development of the major Aasta Hansteen natural gas field project in the Norwegian Sea, as well as the planned Polarled pipeline linking it to shore, at a combined cost of NOK57 ...
Tags: Statoil, natural gas field project, gas, deepwater field
In his first major decision, Mr M Veerappa Moily oil minister has given conditional approval to Reliance Industries and Cairn India to continue exploring for oil and gas within their producing fields. RIL and Cairn had not been able to ...
Tags: RIL, Cairn, Further Exploration, Mineral
Reuters cited Mr Ali Naimi oil minister as saying that Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013. Mr Naimi in the northern city of Tabuk, Saudi Gazette said that "The Midyan field will be developed in ...
Tags: Saudi Arabia, natural gas field, Midyan, gas
Reuters cited Mr Abdul Kareem Luaibi Oil Minister of Iraq as saying that Iraq's oil production has exceeded 3.2 million barrels a day so far this month and it hopes to hit capacity of 4 million barrel per day in 2014. Mr Luaibi said ...
Tags: Iraq, oil, oil production, OPEC
Tehran Times cited Mr Javad Oaji deputy Oil minister of Ira as saying that Tehran and Baghdad are set to finalize a deal on gas exports from the Islamic Republic to Iraq in the near future. Mr Oaji,who is also the MD of the National ...
Tags: Iran and Iraq, Gas Export, Oil minister
IRNA cited Mr Rostam Qasemi oil minister of Iran as saying that Iran has not withdrawn its candidacy for the post of OPEC secretary general in favor of any country. It is not true that Iran has withdrawn its candidacy for the OPEC's ...
Tags: oil, oil producers, OPEC, oil production
Reuter reported that Saudi Aramco has extended the deadline to bid for the development of the Midyan gas field by three weeks to January. Bidding is now due to close by January 21st after companies asked again for an extension of the ...
Tags: Saudi Aramco, Midyan gas field, gas industry, pipeline
Tehran Times cited Mr Rostam Qasemi Oil minister of Iranian as saying that OPEC will hold an extraordinary meeting if oil prices come down below USD 100. Mr Qasemi said that''According to projections,oil prices will remain higher than ...
Tags: Opec, Mineral, cut production ceiling
Iran oil industry has launched an international insurance company to insure the tankers transporting its crude oil across the globe. Iranian Oil Minister Rostam Qassemi was quoted by English.farsnews.com as saying that after international ...
Tags: international insurance company, insurance company, oil tankers
Reuters cited Mr Rostam Qasemi Oil Minister as saying that western sanctions on Iran's shipping and energy sectors caused serious problems for its oil industry earlier this year but Iran has mostly overcome those challenges. Iranian ...
Tags: Iran, Sanction Challenges, US and European