oil and gas

Dana Gas announces record high gas production at Sulaimani plant

November 26, 2020

ERBIL, Kurdistan Region — Dana Gas announced on Wednesday its highest records of gas production at the Kurdistan Region’s Khor Mor gas......

Iraq seeks $2bn in upfront payment for crude to face financial crisis

November 26, 2020

Iraq asked oil importers to pay $2 billion upfront payments for crude supplies as part of long-term contracts, as a result of its suffocating financial......

Kurdistan SH-12 workover boosts production

November 26, 2020

Gulf Keystone Petroleum, a leading independent operator and producer in Iraq’s Kurdistan Region has completed the planned workover on the SH-12......

Oil prices rise as vaccine optimism sustains rally despite stockpile gain

November 26, 2020

TOKYO - Oil rose for the fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more......

Aker BP and Cognite Pioneer Robotics Deployment Offshore to Transform Oil and Gas Industry with Autonomous Mission

November 25, 2020

Cognite a global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around......

Iraq Finalises Oil Exports for Oct

November 25, 2020

Iraq's Ministry of Oil has announced finalised oil exports for October of 89,153,932 barrels, giving an average for the month of 2.876 million......

Iraq amends oil density compensation plan starting with 2021 exports

November 25, 2020

SINGAPORE - Iraq's Oil Marketing Company (SOMO) has revised the price mechanism used to compensate buyers for fluctuations in the density of......

GKP Shares Rise as Workover Completed

November 24, 2020

Shares in Gulf Keystone Petroleum (GKP) were trading up 5 percent on Monday morning as the company announced that the planned workover on the SH-12......

Iraq outlines new specs of crude export grades

November 19, 2020

London — Iraq's state oil marketer has tweaked the crude assays of its key export grades for next year, which include a new medium sour......

Iraq Pushes Faw Refinery Project

November 19, 2020

The Iraqi Ministry of Oil has invited international companies to participate in the competition to implement the Faw Refinery Project in Basra. ......