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Iran woos Indian firms with sweeter oil dealsIran has offered new, more alluring terms to reluctant Indian companies to win the investment it craves for its decaying energy sector suffering from tight Western sanctions. More… |
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Shell eyes key oil deals in KurdistanRoyal Dutch Shell is exploring possibilities in Iraqi Kurdistan, sources said, having seen rivals Exxon Mobil and Total risk Baghdad's wrath by moving into autonomous northern region while developing major oilfields in the south. More… |
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Exxon chief backs Kurdish oil dealThe chief executive of US oil major ExxonMobil reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website said. Iraq's central government More… |
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Iraq warns Total over Kurdistan dealsTotal should not sign oil deals with the Kurdistan region without Iraq's approval, Deputy Prime Minister for Energy Hussain Al-Shahristani said on Sunday, warning the French major would bear the 'full consequences' if it did. More… |
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Iraq vows to end Exxon-Kurd dealIraq's government said it would move to end a major contract with Exxon Mobil after the US oil giant signed a deal with semi-autonomous Kurdistan to explore fields there, which Baghdad on Wednesday called a violation of the law. Exxo More… |
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Russia, China 'may lose key Libya deals'Italian oil company Eni led the charge back into Libya on Monday as rebels hailing the end of Muammar Gadaffi's rule warned Russian and Chinese firms that they may lose out on lucrative oil contracts for failing to support the rebellion. More… |
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Russia, China 'may lose key Libya deals'Italian oil company Eni led the charge back into Libya on Monday as rebels hailing the end of Muammar Gadaffi's rule warned Russian and Chinese firms that they may lose out on lucrative oil contracts for failing to support the rebellion. More… |
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Saudi strikes India oil deal after Iran cuts supplyTop exporter Saudi Arabia approved sales of 3 million barrels of extra crude to India for August to make up for a loss of shipments from Iran due to a payment dispute, sources with direct knowledge of the sale said on Tuesday. Iran cut sal More… |
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Libya rebels in breakthrough $100m oil dealLibyan rebels have found a way to access badly needed cash, selling oil worth $100 million paid for through a Qatari bank in US dollars, a member of the rebels' oil and gas support group for Libya said on Monday. Rebels fighting Libyan More… |
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Libya may give oil deals to China, IndiaLibya is considering offering direct oil block contracts to China, India and other nations it considers friends in its month-long conflict with rebels, Libya's top oil official said on Saturday. National Oil Corporation Chairman Shukri More… |
