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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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  • Oil Scene: Uncertainty haunts the energy world 22 Nov 2009 00:53 GMT
    ... while projecting their long-term incomes and expenses. OPEC (Organization of the Petroleum Exporting Countries) oil producers could lose $4 trillion in ... oil, an over-supply scenario could also emerge. Iraq has recently signed a number of agreements ...

  • Iran, Kuwait Pledge Cooperation During Rare PM Visit 21 Nov 2009 18:22 GMT
    ... Muslim country, are both members of the Organization of the Petroleum Exporting Countries (OPEC). But Gulf Arab states are concerned about ... are concerned about spreading Iranian influence in Iraq, Lebanon, and the Gaza Strip and its ...

  • Some OPEC Nations Charge Ahead Despite Slow Oil Demand 18 Nov 2009 16:34 GMT
    ... demand in the years ahead, but some OPEC nations are heading in the opposite direction ... 2010 as projects enter service in Angola, Iraq, Qatar and Saudi Arabia, according to Bill Farren-Price, energy director at Medley Global Advisors. "Significant ...

  • OPEC should boost spare oil capacity to 'cash in' 17 Nov 2009 10:54 GMT
    ... The Organization of Petroleum Exporting Countries (OPEC) should continue to invest in oil production ... 12 members are Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela. ...

  • GE in Chinese aerospace, energy, railroad ventures 17 Nov 2009 14:53 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 ...

  • World Oil Production Forecast - Update November 2009 23 Nov 2009 19:03 GMT
    ... is expected to decline further as non OPEC annual oil production and is forecast to ... from prospective areas such as the arctic, Iraq, and Brazil's Santos basin are highly unlikely to produce another peak but should decrease ...

  • Peak oil review - Nov 16 16 Nov 2009 11:56 GMT
    ... and rising OECD stockpiles, the IEA says OPEC production rose by 150,000 b/d in October. ... years to sign an oil-production contract with Iraq. Under immense pressure to increase production, the Iraqi Oil Ministry has been sweetening ...

  • MARKET WATCH: Crude prices slip in second session 16 Nov 2009 19:34 GMT
    ... Specialist tanker tracking consultants reported that other OPEC countries have gradually increased shipments, but only ... the other, there was the news that Iraq had agreed with a consortium led by Eni SPA to expand output at its giant Zubair oil ...

  • Saudi oil pressure could curb Iran 16 Nov 2009 15:33 GMT
    ... is a standoff, with possible action being conducted via a proxy war in neighboring Iraq between the majority Shiites and the smaller Sunni community. As the de facto leader of OPEC, Riyadh is unlikely to pick a fight with another member. The cartel continued to ...

  • Petroleum Complex Outlook for November 20, 2009 21 Nov 2009 00:19 GMT
    ... the comments from Venezuela's Finance Minister that OPEC will "probably" increase oil production in 2010 ... 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 ...

  • OPEC's chairman at Abu Dhabi energy conference 17 Nov 2009 10:10 GMT
    ... OPEC's chairman at Abu Dhabi energy conference Abu ... by 12 members, was created in Baghdad, Iraq, in September 1960. Abu Dhabi joined the organisation in 1967. The meeting, which is assessing ...

  • Prostitution "journalism": Yes, mainstream media intentionall lies to you. Accept the evidence 24 Nov 2009 07:17 GMT
    ... just as we were lied to about Iraq. Please let that sink in. Please verify these two facts to your satisfaction. I’ve also ... are Angola and Gabon; neither belong to OPEC. In addition, Equatorial Guinea is a significant ...

  • Research and Markets: Oman Oil and Gas Report Q4 2009 - Oman's Real GDP Growth is Now Forecast at 0.4% in 2009, Down from 13.0% in 2008 17 Nov 2009 03:11 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), ...

  • Research and Markets: Oman Oil and Gas Report Q4 2009 - Oman's Real GDP Growth 17 Nov 2009 05:14 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), ...

  • Turkey Oil and Gas Report Q4 2009 - new report released 16 Nov 2009 17:34 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), ...


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