Shell to offload stake in Iraqi field, report says
Shell has struck a deal to divest its stake in an Iraqi oilfield to Japanese firm Itochu, a news report said.
Iraq
Updated: Oil trades near three-year high as Iraq joins call to keep cuts
Oil traded near the highest close in more than three years as Iraq echoed a call by the United Arab Emirates and other producers for OPEC-led output cuts to continue, despite recent price gains.
Genel hits oil with new Taq Taq well
Genel Energy said today that a well drilled in the northern part of the Taq Taq field in Kurdistan has struck oil.
Wild swings in Iraq oil production give OPEC another problem
OPEC has an Iraq problem: the group’s second-biggest exporter is lurching between quota busting and production-crimping crisis, clouding the policy-making picture as ministers decide how long they need to extend output curbs.
Wild swings in Iraq oil production give Opec another problem
OPEC has an Iraq problem: the group’s second-biggest exporter is lurching between quota busting and production-crimping crisis, clouding the policy-making picture as ministers decide how long they need to extend output curbs.
Opinion: Turns out, the US does have the Iraqi oil Trump wanted
Before America's Twitter-loving president made it to the Oval Office, a recurring theme was that the U.S. should have gotten hold of Iraq's oil after toppling Saddam Hussein. There's this:
The 5 countries that could push oil prices up
Oil prices appear to be stuck in the $50s per barrel, but that doesn't mean there aren't serious supply risks to the market.
Iraqi Kurds offer to freeze independence referendum results
Iraq’s semi-autonomous Kurdistan Regional Government said it’s prepared to freeze the results of last month’s independence referendum that triggered deadly clashes with government troops and hurt oil exports.
Updated: Oil’s geopolitical-risk rally fades as Iraq repairs crude fields
A surge in crude prices faded as Iraq sought to restore flows from fields in a disputed region after violence had curbed output in OPEC’s second-biggest producer.
Rosneft to take stake in main Kurdistan pipeline
Russian oil giant Rosneft has agreed to operate Kurdistan's main oil pipeline.
Iraq turmoil threatens billions in oil trader deals with Kurds
The crisis unfolding around the Iraqi city of Kirkuk has left some of the world’s largest commodity trading houses worried the country’s autonomous Kurdish region will struggle to repay billions of dollars in cash-for-oil loans.
Petrofac wins $30m Iraq deal
Petrofac today confirmed it had won a $30million deal with PetroChina for the Halfaya Contract Area (Halfaya) in southern Iraq.
Oil slides on report Kurds agree to retreat, easing tension
Oil declined following a report that Kurdish forces agreed to withdraw from areas the Iraqi army is reclaiming, easing tension in the crude-rich region.
Iraq military captures oil fields outside Kirkuk from Kurdish forces
Iraq's military has seized two major oil fields outside the disputed city of Kirkuk from Kurdish forces.
VIDEO: Oil rises after Iraqi soldiers move to take over Kurdish oil fields
Iraqi soldiers moved late Sunday to take over oilfields in the northern city of Kirkurk from Kurdish forces, pushing crude prices higher amid reports of deadly clashes. Standard University director of Iranian studies Abbas Milani weights in. Watch the video to find out more.
Iraqi Kurds say Federal forces attack near disputed Kirkuk
Iraqi Kurdish officials have said that federal forces and state-backed militias have launched a "major, multi-pronged" attack aimed at retaking the disputed northern city of Kirkuk.
Iraqi Kurds vote in referendum on independence from Baghdad
Iraqi Kurds were going to the polls on Monday to vote on whether to support independence from Baghdad in a historic but non-binding referendum that has raised regional tensions and fears of instability.
Oil price hangs around $50 as market expects increased US crude stocks
Oil hovered around $50 a barrel as traders awaited weekly storage data that may show the longest expansion of U.S. crude inventories in almost half a year.
Rosneft to help pay for new Kurdistan export pipelines
Russian oil giant Rosneft said today that will soon finalise a deal to develop pipelines in the Kurdistan region of Iraq.
Iraq braves break with tradition in search of oil’s true worth
OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers.
UK to support £90m Iraqi power plant projects
The UK’s export credit body will support £90million in financing for two power plants in southern Iraq.
Petrofac clinches $100m Iraq contracts
Oilfield service firm Petrofac has tied up a contract extension and a new award worth more than $100million in Iraq.
Baker Hughes lands Iraq infrastructure contract
Iraq and Baker Hughes have signed a contract for infrastructure to assist with the recovery of flare gas.
Kurds urged to start talks with Iraq over oil revenue
Kurdistan has been urged to push ahead with talks with the Iraqi government on critical issues such as oil and revenue sharing.
Globalscot to help North Sea oil firms make splash abroad
Lawyer and Middle East business expert Hugh Fraser has been inducted into a global networking initiative set up to help Scottish firms break international markets.