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Trafigura Grows Trading Volumes Amid Crude Oil Oversupply, Volatility

Dec 15, 2015

Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...

Tags: Trafigura, oil prices, crude oil

Iraqi Kurdistan Pipeline Capacity to Reach 1 Million B/D in 2016: KRG Minister

Dec 2, 2015

Crude oil is flowing through the Kurdish-controlled Iraq-Turkey pipeline at 650,000-700,000 b/d and the line's pumping capacity will be lifted to 1 million b/d by 2016, the Kurdistan Regional Government's natural resources minister said ...

Tags: Crude oil

Iraq Set a New Post-War Record in April for Exports Through Its Southern Terminals

May 7, 2014

Iraq exported 2.509 million b/d of crude in April, all from its southern oil terminals as the country's northern export pipeline remained inoperable. April exports were 112,000 b/d more than the 2.397 b/d exported from the country in ...

Tags: Crude, oil terminals

The Volume of Crude Has Reached 1 Million Barrels

Mar 10, 2014

The volume of crude from the northern Iraq region of Kurdistan being held in tanks at Turkey's Mediterranean oil hub of Ceyhan has reached 1 million barrels, Turkish energy minister Taner Yildiz told reporters Wednesday in a press ...

Tags: Crude, petroleum, Starpet

Iraq Aims to Boost Its Oil Exports by Nearly 26% to 3.4 Million B/D in 2014

Feb 28, 2014

Iraq aims to boost its oil exports by nearly 26% to 3.4 million b/d in 2014, a senior official said Wednesday. "Exports reached more than 2.7 million b/d this month, and the rate [that] is planned for 2014, including exports from the ...

Tags: Crude Oil, Mineral

Producing Second-Generation Biofuel From Dead Plant Tissue Is Environmetally Friendly

Feb 27, 2014

Producing second-generation biofuel from dead plant tissue is environmetally friendly - but it is also expensive because the process as used today needs expensive enzymes, and large companies dominate this market. Now a Danish/Iraqi ...

Tags: plant tissue, Cellulose, fossil fuels run out

State-Owned PetroChina Announced Its Acquisition of a 25% Stake in The West Qurna 1 Block

Dec 2, 2013

State-owned PetroChina announced Thursday its acquisition of a 25% stake in the West Qurna 1 block in southern Iraq from ExxonMobil. In a brief statement, PetroChina said it "makes formal delivery ... for the acquisition" in the technical ...

Tags: PetroChina, Mineral

a Consortium of Asec Cement and Qemmet EL-Iraq Won a 14-Year Contract

Sep 10, 2013

A consortium of Asec Cement and Qemmet El-Iraq has won a 14-year contract to manage the Muthanna Cement Plant in southern Iraq. The plant is located between Najaf and Basra and is one of seven controlled by Southern Cement Company – ...

Tags: Cement, Construction

ASEC Cement Will Overhaul and Manage The 2 MTPA Muthanna Cement Plant

Sep 9, 2013

A consortium in partnership with Qemmet El-Iraq will overhaul and manage the 2 MTPA Muthanna Cement Plant in Muthanna Governorate on 14-year contract. A consortium of ASEC Cement, a portfolio company of ASEC Holding, and Iraq s Qemmet ...

Tags: ASEC Cement, Iraqi Market

China's Biggest Energy Firm PetroChina Will Join Exxon Mobil

Aug 15, 2013

China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said. ...

Tags: PetroChina, Iraqi Oilfield

Possible Deals Said to Be in The Works with Exxon Mobil,Russia's Lukoil

Aug 15, 2013

Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...

Tags: Petrochina, Chemicals

India and Iraq Express Keen Interest in Setting up Refineries and Petrochemical Plants

Jul 22, 2013

India and Iraq have expressed keen interest in setting up refineries and petrochemical plants in Iraq. According to an official statement issued in New Delhi, Union Minister for Petroleum and Natural Gas M Veerappa Moily led a ...

Tags: Petrochemical Plants, Textile

OPEC's Role in Supplying Global Oil Markets Has Not Been Diminished

Jun 24, 2013

OPEC's role in supplying global oil markets has not been diminished by the surge in oil production in the United States, though trade patterns willshift as a result of the shale boom in North America, the head of the International Energy ...

Tags: oil, Chemicals, Energy, OPEC

EPA's Pinocchio Nose Continues to Grow Longer Along with Farmer Privacy Scandal

Jun 18, 2013

EPA’s Pinocchio nose continues to grow longer. Despite a barrage of criticism following the admitted release of private farmer data to three environmental groups after a Freedom of Information Act request, EPA has clammed up and ...

Tags: EPA, Farmer Privacy

Manning Accused of Sharing Thousands of Classified Government Documents with Wikileaks

Jun 3, 2013

U.S. Army Private First Class Bradley Manning accused of sharing thousands of classified government documents with WikiLeaks, knew that the information would aid enemies of the U.S., a prosecutor argued Monday. Manning, facing a court ...

Tags: Manning, Wikileaks

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