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| Oil & Gas |
| RWE signs Nabucco cooperation deal with Iraq Kurds |
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Germany’s RWE stated that it signed a cooperation agreement with the Kurdish Regional Government in Iraq that included future gas supply for the Nabucco pipeline project.
Iraqi sources ...
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| Kurdistan region seeks to increase oil revenues to $25 billion |
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Minister of Natural Resources of Kurdistan region, Ashti Hawrami, announced that his ministry seeks to increase the daily oil production in the region to 3-4 million barrels in the coming ...
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| Halliburton and Petrofac win Iraqi oilfield development contract |
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The Government of Iraq, in conjunction with the Netherland’s Royal Dutch Shell and Malaysia’s Petronas, awarded an agreement to the United States’ Halliburton to drill 15 oil wells in Majnoon ...
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| Lebanon to auction for gas exploration in 2012 |
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Lebanon hopes to launch a licensing round for offshore gas exploration at the beginning of 2012, the energy minister said on Thursday two days after parliament unanimously ratified a long-awaited ...
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| Saudi Arabia earned $116b from oil production in seven months |
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Saudi Arabia earned $116 billion from oil production in the first seven months of 2010, according to the Energy Information Administration (EIA) of the US Department of Energy.
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| Iran plans to transit gas through Iraq - official |
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Iran has been authorized to export natural gas to political ally Syria and the Mediterranean area, transiting its neighbor Iraq, a senior Iranian oil ministry official said.
“In a recent ...
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| Saudi Aramco signs contracts for $10b Yanbu refinery |
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Saudi Arabian Oil Co., the world''s biggest oil company, said Wednesday it signed contracts with several local and international contractors to help it build its estimated $10 billion export ...
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