DNO Silent on Iraq Export Timing
Norwegian oil and gas producer DNO International gave no guidance as to when it expects to restart oil exports from Iraq when it published first-quarter results that beat forecasts on Tuesday. "The...
View ArticleIraq to Ship Oil and Gas to International Markets through Syria
Iraq is seeking to use Syria as a transit for the shipment of its crude and gas to international markets. Syria was initially Iraq’s only gate to markets in Europe and beyond through a pipeline that...
View ArticleDaily Oil Output Up in July, Down in August
Iraq exported over 57 million barrels of oil in July, an average of 1,850,000 barrels per day, said Iraq’s deputy oil minister on Sunday. Speaking to AKnews, Mutasam Akram said the country’s oil...
View ArticleBasra Oil Exports Halved
Oil exports from Iraq's Basra terminal fell to 720,000 barrels on Monday, down from 1.728 million barrels the previous day, due to maintenance on the offshore pipeline, according to a report from...
View ArticleBasra Oil Exports Recover
Reuters reports that oil exports from Iraq’s Basra terminal recovered to 1.56 million barrels on Tuesday, after dropping to 720,000 barrels on Monday due to pipeline repairs. “The flow rate from Basra...
View ArticleKurdistan Seeks Oil Revenues of $25 Billion
Minister of Natural Resources in the Kurdistan Regional Government, Ashti Hawrami, announced on Thursday that his ministry seeks to increase the daily oil production in the region to 3-4 million...
View ArticleIraq’s Oil Revenues Exceed $4bn in July
Revenue from Iraq's crude oil exports increased 3% to $4.009 billion in July, compared with $3.889 billion in June, the Iraqi oil ministry said in a statement Tuesday. It said Baghdad sold its crude...
View ArticleIraq Exported 320,000 barrels of Oil to Jordan in August
Iraq exported around 320,000 barrels of oil to Jordan during August 2010, according to Aswat al-Iraq. “The transportation process by trucks is going very well,” a source told the news agency on...
View Article$733m Contract Awarded for Basra Oil Terminal
Iraq's cabinet has just approved a $733 million [880 billion Iraqi dinar] deal to build a new oil export terminal in Basra, a spokesman for the Iraqi government said on Tuesday. The work will be...
View ArticleIraq’s October Oil Export 'Highest This Year'
Volumes down, but revenues up Revenue from Iraq’s crude oil exports rose to $4.53 billion in October, the highest level this year, the State Oil Marketing Organization (SOMO) has revealed. The average...
View ArticleABOT to use Cameron’s JISKOOT Measurement Systems
Six of Cameron’s JISKOOT CoJetix sampling systems have been ordered for installation at the new Iraqi Al-Basra Oil Terminal (ABOT). The terminal, currently under construction in the Persian Gulf, will...
View ArticleLeighton Wins $523m Oil Transfer Contract
Iraq has awarded a $523 million [612 billion Iraqi dinar] contract to expand oil export facilities in the south of the country to Leighton Offshore, a subsidiary of Australian firm Leighton...
View ArticleDunia Weekly Iraq Market Tracker
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market...
View ArticleOPEC Oil Output highest since 2008
The output of OPEC in April hit its highest point since 2008 as extra crude from countries such as Libya, Saudi Arabia, and Iraq more than compensated from the loss of Iranian crude supply. Analysts...
View ArticleGazprom to Start Pumping from Badrah early-2013
Russia’s Gazprom Neft is expecting to start exporting from its East Badrah oil field in Wasit [Wassit] province early next year, according to AKnews. Alexander V Kolomatsky, Project director for the...
View ArticleDunia Weekly Iraq Market Tracker
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market...
View Article
