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Iraq Crude Oil News is an EIN News Service for energy industry professionals. Constantly updated news and information about Iraq Energy.
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Latest Iraq Crude Oil News

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  • Petroleum Complex Outlook for November 20, 2009 21 Nov 2009 00:19 GMT
    ... An Excerpt from CRB'S Futures Market Service Crude oil prices corrected down to a 1-month low from last ... July’s record of 32.775 mln bpd. OPEC-11 (ex-Iraq) output in Oct rose by +80,000 bpd ...

  • IraqÂ's Second Licensing Round  Will the GovernmentÂ's Strategy to Offer Giant Fields Attract Multinationals? 16 Nov 2009 20:13 GMT
    ... Iraq’s Second Licensing Round – Will the Government’s ... 1998-2008 - Comparison of the Top 10 crude oil nations of 2008 Reasons to buy - Develop business strategies ...

  • Heritage to Embark on Major Drilling Programs in Iraq, Uganda 17 Nov 2009 16:37 GMT
    ... on Miran West structure, Kurdistan Region of Iraq, to commence later this month with further ... first half of this year. Shipment of crude oil to Transneft commenced in November 2009, expanding oil marketing opportunities ...

  • Addax Petroleum announces receipt of letter from Kurdistan Regional Government of Iraq 19 Nov 2009 07:50 GMT
    ... of letter from Kurdistan Regional Government of Iraq /-/ - Addax Petroleum Corporation ("Addax Petroleum" ... margins; the ability to produce and transport crude oil to markets; weather and climate conditions; results of exploration and ...

  • MARKET WATCH: Crude prices slip in second session 16 Nov 2009 19:34 GMT
    ... analysts at Pritchard Capital Partners LLC said, “Crude oil held the $75[/bbl] level in Friday’s trade, ... the other, there was the news that Iraq had agreed with a consortium led by ... the December IPE contract for North Sea Brent crude was down 47¢ to $75.55/bbl. Gas oil ...

  • Saudi Set for Asia Crude Benchmark 20 Nov 2009 19:58 GMT
    ... to adopt the Dubai Mercantile Exchange’s Oman crude oil futures contract as its benchmark one day, oil ... would almost certainly be followed by Kuwait, Iraq and Iran — would likely make it ... United States buyers about dropping the US light sweet crude benchmark, which had become increasingly volatile, particularly ...

  • BP, CNPC seal deal for billon-Dollar Rumaila development 16 Nov 2009 18:13 GMT
    ... or CNPC, signed an initial agreement with Iraq to develop Rumaila, Iraq's largest producing oil field, paving ... million barrels a day, bringing Iraq's total crude-oil production to 4.25 million barrels a day. “The ministry's ...

  • Peak oil review - Nov 16 16 Nov 2009 11:56 GMT
    ... years to sign an oil-production contract with Iraq. Under immense pressure to increase production, the ... against complacency after the price of Urals crude oil and natural gas, 70 percent of export revenues, rebounded from ...

  • Deregulation As a National Albatross [analysis] 20 Nov 2009 09:18 GMT
    ... to justify its failure as the sixth crude oil-producing nation of the world, to refine adequate fuel ... If Saudi Arabia, United Arab Emirates, Kuwait, Iraq and other oil-producing countries have earned tremendous ...

  • Oil Rally Stalls ahead of Inventory Numbers at the Border of a Prominent Trend Channel 17 Nov 2009 23:11 GMT
    ... the Border of a Prominent Trend Channel Crude Oil (WTI) - $79.15 // $0.25 // 0.33% Following up on ... to 12 months. Another member of OPEC, Iraq, released its own production numbers for the ...

  • Heritage to complete merger by year-end 17 Nov 2009 15:16 GMT
    ... of oil per day and shipments of crude oil to Transneft commenced this month. The new year will kick ... are underway. In the Kurdistan region of Iraq, drilling of the Miran West-2 well is ...

  • New Technology Turns Coal Into Clean, High-Powered Gas 19 Nov 2009 15:41 GMT
    ... therefore profitability) at what are now mature crude oil extraction sites. Second, the new IGCC applications will spawn ... levels of the U.S., Russian, Kazakh, Bahamian, Iraqi and Kurdish governments, to the governors of ...

  • Russia delays Iran's Bushehr nuclear power station 16 Nov 2009 11:11 GMT
    ... Iran's 1979 Islamic revolution and the 1980-88 Iran-Iraq war. Diplomats say Russia uses Bushehr -- ... a nuclear weapon. Iran, the world's fourth-largest crude oil producer, rejects allegations that it is seeking to build ...

  • Saudi oil pressure could curb Iran 16 Nov 2009 15:33 GMT
    ... conducted via a proxy war in neighboring Iraq between the majority Shiites and the smaller Sunni ... $70 per barrel for the widely traded Brent crude. At this price, the kingdom's cash flow is regarded by ...

  • Factors that favour the crude oil bulls 14 Nov 2009 07:55 GMT
    ... rising oil prices have helped to lift crude oil output in Russia where production has hit a record high ... ramp-up of new fields in Saudi Arabia, Iraq and Angola, there is certainly plenty of ...


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