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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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  • WesternZagros Announces 2009 Third Quarter Results (CCN) 7 Nov 2009 00:13 GMT
    ... oil and gas company engaged in acquiring properties and exploring for, developing and producing crude oil and natural gas in Iraq. WesternZagros holds a Production Sharing Contract ("PSC") with the Kurdistan Regional Government ("KRG") which ...

  • WesternZagros Announces 2009 Third Quarter Results 7 Nov 2009 00:11 GMT
    ... oil and gas company engaged in acquiring properties and exploring for, developing and producing crude oil and natural gas in Iraq. WesternZagros holds a Production Sharing Contract ("PSC") with the Kurdistan Regional Government ("KRG") which ...

  • Petroleum Complex Outlook for November 6, 2009 7 Nov 2009 03:00 GMT
    ... An Excerpt from CRB'S Futures Market Service Crude oil prices corrected down to a 3-week low before rebounding ... July’s record of 32.775 mln bpd. OPEC-11 (ex-Iraq) output in Oct rose by +80,000 bpd ...

  • WesternZagros Resources Ltd. - Financial Analysis Review By Bharatbook.com 7 Nov 2009 10:11 GMT
    ... company. It is engaged in the property acquisition, exploring for, developing and producing of crude oil and natural gas in Iraq. The company through its wholly-owned subsidiaries hold a Production Sharing Contract (PSC) with the ...

  • Fuel for thought 6 Nov 2009 11:18 GMT
    ... zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its longrun average. The large ... loss of 4, 000 American lives in Iraq. In this short and vivid book, Maass ...

  • Factbox: China's oil and mineral deals in Africa 6 Nov 2009 04:30 GMT
    ... high-potential oil blocks in West Africa and Iraq. June 2009 -- State-owned Nonferrous Metal Mining ... China and Nigeria signed an $800 million crude oil sale deal between Petrochina International and the Nigerian National Petroleum ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... OPEC's economic bulletin said. Last week, US crude oil price settled at USD 80.00 pb apparently affected by ... Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny ...

  • Spike In Jobless Rate Likely To Stir Recovery Concerns - RTTNews Daily Market Analysis 6 Nov 2009 15:56 GMT
    ... wide margin. Unit labor costs fell 5.2%. Crude oil futures are trading down $0.66 at $78.96 after receding $0.78 ... for its personnel and other clients in Iraq. The contracts are valued at $80 million ...

  • Bubbles, Rubble, Toil and Trouble 2 Nov 2009 17:16 GMT
    ... the, “Organization of Petroleum Exporting Countries raised crude-oil production last month to the highest level in ... 11 OPEC members with quotas, all except Iraq. The 11 countries pumped 26.31 million barrels a ... Arabia decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing ...

  • Market Report: Risky Asset Prices Rise Too High, Too Fast 2 Nov 2009 14:25 GMT
    ... the, "Organization of Petroleum Exporting Countries raised crude-oil production last month to the highest level in ... 11 OPEC members with quotas, all except Iraq. The 11 countries pumped 26.31 million barrels a ... Arabia decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing ...

  • Tapis returns leadership: REVIEW of 13 world oil prices 2 Nov 2009 14:56 GMT
    ... with a 0.1-percent sulfur content. The American West Texas Intermediate (WTI) oil was traded slightly lower than ... Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny ... (Venezuela). An average spot price for WTS crude oil last week was $76.3 per barrel compared to $77 ...

  • British, Chinese oil majors win deal for Iraq field 3 Nov 2009 18:37 GMT
    ... major BP plc and China's CNPC signed Iraq's first major new oil deal since the ... (US$1 = RM3.42) for every barrel of crude oil produced. BP will hold 38 per cent stake in the ...

  • Peak oil review - Nov 2 2 Nov 2009 11:16 GMT
    ... deals with foreign oil companies to increase Iraq’s oil production, the worst car bombings in Baghdad in ... Aramco announced that it will abandon the West Texas Intermediate (WTI) benchmark and as of January will ...

  • Iran, Iraq sign MOU on oil 2 Nov 2009 20:50 GMT
    ... Republic of Iran Broadcasting network reports. The Iraqi Oil Ministry said the meetings focused on ... international auction in December for oil contracts. Crude oil exports reached 58.7 million barrels in September. The IRIB ...

  • Oil prices surge in wake of gold's record high 3 Nov 2009 22:39 GMT
    ... recovery from recession. New York's main contract, light sweet crude for delivery in December, rose 1.47 dollars to close ... nations. The market also digested news that Iraq signed a deal on Tuesday with British energy ...


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