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Swiss Oil Trader Trafigura Is Still Indirectly Supplying Gasoline to Iraq
Feb 18, 2013Four industry sources have told Reuters that Swiss oil trader Trafigura is still indirectly supplying gasoline to Iraq through another firm, despite being banned from participating in tenders for 2013 after buying oil from Iraqi Kurdistan. ...
Tags: oil trader, oil, gasoline
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Iraq Has Sweetened The Terms for Oil Contract Buyers
Jan 25, 2013Reuters reports that Iraq has sweetened the terms for oil contract buyers and is becoming more competitive on pricing. Oil Minister Abdul Kareem Luaibi [Elaibi], who met customers in Vienna last month on the sidelines of the OPEC meeting, ...
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KRG Is Proud of The Achievements of Its Oil and Gas Industry
Jan 21, 2013The 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
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SOMO Will Take Legal Action Against Companies Exporting Crude Oil
Jan 14, 2013Iraq’s State Oil Marketing Organization (SOMO) has issued a statement suggesting it will take legal action against companies exporting crude oil without dealing with the central government, including the confiscation of cargoes and ...
Tags: Iraq, crude oil, oil exports, Oil Marketing Company
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The Ministry of Electricity Has Taken Over The Task of Inspecting The Fuel
Dec 25, 2012A member of Iraq’s Oil and Energy parliamentary committee has said that the Ministry of Electricity has taken over the task of inspecting the fuel used in electricity stations from the Ministry of Oil’s State Oil Marketing ...
Tags: Fuel Inspection, Power Stations, Oil, Oil Marketing
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U-Systems are Taken Over by Ge Healthcare
Dec 18, 2012GE Healthcare has purchased U-Systems, a manufacturer of ultrasound products for breast applications. As part of the deal, GE Healthcare will acquire U-Systems' somo v Automated Breast Ultrasound (ABUS) system, designed for screening ...
Tags: GE Healthcare, purchase, U-Systems, ABUS system, clinical study
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Iraq's State Oil Marketing Organisation Has Finalized a Term Deal
Dec 14, 2012Iraq's State Oil Marketing Organisation has finalized a term deal to buy up to 1.097 million tonnes of gasoil for delivery next year from Swiss trader Vitol and oil major BP. Traders said that the company has agreed to pay a premium of ...
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Iraqi Kurdistan's Oil Exports Have Halved to Around 100,000 Barrels Per Day in Recent Days
Dec 13, 2012Iraqi 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
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SOMO Has This Morning Adjusted Its Official Selling Prices
Dec 10, 2012Iraq's State Oil Marketing Organisation(SOMO)has this morning adjusted its official selling prices for its Basra Light and Kirkuk crude grades for January. In common with some other countries,Iraq's oil is priced relative to regional ...
Tags: SOMO, oil, Basra Light, Kirkuk crude
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LUKoil Has Bought Oil From Kurdistan in Defiance of Baghdad
Nov 28, 2012Reuters reports that LUKoil,Russian's biggest non-state oil producer,which is believed to be considering buying ExxonMobil's stake in the West Qurna-1 oil field,has bought oil from Kurdistan in defiance of Baghdad. Baghdad has long ...
Tags: LUKoil, ExxonMobil, oil producer, Kurdistan
