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

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  • Petroleum Complex Outlook for November 6, 2009 7 Nov 2009 03:00 GMT
    ... Libya's top oil official who said that OPEC may keep production quotas unchanged when it ... July’s record of 32.775 mln bpd. OPEC-11 (ex-Iraq) output in Oct rose by +80,000 bpd (+0.3%) to 26.310 mln bpd. This weekly publication is ...

  • Importing Oil, Money Hurts U.S. 7 Nov 2009 05:30 GMT
    ... — and even have a deal with Iraq to develop their oil fields — the U.S. has nothing to show for the lives ... million barrels we import daily come from OPEC, a switch to natural gas as truck ...

  • China offers Africa more trade, investment 7 Nov 2009 13:55 GMT
    ... to Gulf Arab states and other Arab OPEC members. It has signed a refinery deal ... have bid aggressively to develop some of Iraq's most prized oil fields even as some Western oil majors have been reluctant to take ...

  • Exxon-Shell consortium signed a deal to develop one of Iraq's most prized oil fields 6 Nov 2009 04:40 GMT
    ... photo of Friday, July 17, 2009, an Iraqi worker operates valves at the Nahran Omar oil refinery near the city of Basra 550 ... Iraq's most prized oil fields, as the OPEC nation looks to revamp its battered energy ...

  • Supply hopes boosted after Exxon and Shell win Iraq oil deal 6 Nov 2009 03:30 GMT
    ... hopes boosted after Exxon and Shell win Iraq oil deal Published: November 6 2009 02:00 | Last updated: November 6 2009 02:00 ExxonMobil and ... . the issue of re-incorporating Iraq into Opec's system of production targets will quickly re-emerge ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... Nov 6 (KUNA) -- The price of OPEC basket of twelve crudes retreated 15 cents ... to USD 77.60 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Friday. The annual average ... Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny ...

  • Research and Markets: Kuwait Oil and Gas Report Q4 2009 - Between 2008 and 2018, an Increase is Forecasted in Kuwaiti Oil Production of 29.3% 6 Nov 2009 16:31 GMT
    ... forecast to reach 15.84mn b/d by 2013. Iraq has the greatest production growth potential, followed by Qatar. In terms of natural ... whole, we are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), ...

  • Jim Rogers Vs Nouriel Roubini, Can The Commodities Boom Survive? 6 Nov 2009 18:21 GMT
    ... ? To be sure, oil has big-bad OPEC to supposedly limit oversupply anytime demand weakens, ... dwarfed by spending on the Afghan and Iraq wars at about $860 bn in 2009. It is reduced to pale and tiny insignificance by 'Keynesian ...

  • Iraq oil deal puts pressure on Opec 5 Nov 2009 20:10 GMT
    ... Iraq oil deal puts pressure on Opec Published: November 5 2009 19:34 | Last updated: November 5 2009 19:34 , the ...

  • OPEC oil output falls in October-Reuters survey 2 Nov 2009 15:53 GMT
    ... OPEC oil supply fell in October, the first ... April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from ... Supply from the 11 members of the Organization of the Petroleum Exporting Countries with output targets eased to 26.38 million ...

  • Exxon-Shell consortium wins rights to prized Iraqi oil field 5 Nov 2009 18:16 GMT
    ... Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq's most prized oil fields, as the OPEC nation looks to revamp its battered energy sector. The deal to develop the 8.6 ...

  • Why Oil Majors Are Coming Back to Iraq 5 Nov 2009 17:30 GMT
    ... Why Oil Majors Are Coming Back to Iraq A natural gas burn off at the South Rumaila oild field in Basra, Iraq. More and more ... change of heart could increase tensions in OPEC. In June many of the world's biggest ...

  • Opec oil output falls in October for the first time since April 2 Nov 2009 20:25 GMT
    ... Opec oil output falls in October for the ... April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed yesterday. Supply from ...

  • OPEC oil output falls in October ' Reuters survey 2 Nov 2009 16:35 GMT
    ... OPEC oil output falls in October – Reuters ... April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed on Monday. Supply ...

  • FACTBOX-Iraqi oilfield deals in the pipeline 3 Nov 2009 13:57 GMT
    ... BP Plc and China's CNPC have signed Iraq's first major new oil deal since the 2003 U.S. invasion for supergiant Rumaila, and Baghdad is ... more than all the oil held by OPEC member Algeria. Rumaila is the workhorse of ...


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