Venezuelan President Hugo Chavez died Tuesday in Caracas after an almost two-year battle with cancer and 14 years of a dominating socialist presidency that leaves the country with the world's largest oil reserves mired in uncertainty. The ...
Talks aimed at resolving the oil payments dispute between the Kurdistan Regional Government (KRG) and the Iraqi Federal Government are believed to have reached deadlock. Hopes of a resolution had been raised last week, but coalition ...
Tags: Iraq, Oil Payment, KRG
Trade Arabia reported that crude oil output from the Organization of Petroleum Exporting Countries declined 90,000 barrels per day to 31.08 million barrels per day in November. This follows October production of 31.17 million barrels per ...
Tags: crude oil output, crude oil, oil export, oil
Iraqi Kurdistan's oil exports have halved to around 100,000 barrels per day in recent days in what could be a result of its long running dispute with Baghdad over payments to oil firms operating in the region. An Iraqi oil official said ...
Tags: gas, Metallurgy