Wednesday 28 September 2016
 
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oilfields

Pertamina eyes two Iran oilfields for possible investment

Indonesia's state-owned Pertamina signed a memorandum of understanding (MoU) to conduct preliminary studies on two Iranian oilfields, a step closer to the company's first investment in the Middle Eastern country's upstream sector.

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Iranian officials revive ghost of oil deals disliked by majors

Iran's officials are reviving the idea of developing oil fields using buy-back deals that international oil companies dislike, suggesting renewed tensions between hardliners and reformists over the future of the industry. &nbs

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Mideast oilfield services market to top $13bn

Higher exploration and production (E&P) expenditure, financial durability of the companies and customers are likely to drive oilfields services market in the Middle East to record revenues worth $13.4 billion by 2019, a report said.

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Kuwait finds four new oilfields with huge volumes

Kuwait, which plans to boost oil output capacity by a third by 2020, has discovered four new oilfields in the north and west of the country, a top oil official was quoted as saying by state news agency KUNA on Sunday. Has

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No wheat imports for Syria this year: minister

The Syrian government does not expect to import wheat this year because domestic grain supplies will be boosted by heavy rainfall and wider control over farmland, a minister said. Hassan Safiyeh, the minister of internal trade and

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Kurds retake oil facility in North Iraq, 15 workers still missing

Kurdish peshmerga forces retook a small crude oil station near the northern Iraqi city of Kirkuk which Islamic State insurgents seized earlier, but the fate of 15 employees remained unclear.   Two officials from

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Libya producing 363,000 bpd of oil: rival minister

Oil output from Libya, where ports and oilfields have been shut due to fighting, has fallen to 363,000 barrels a day (bpd) with exports at about 200,000, the oil minister appointed by forces in control of the capital Tripoli told Reuters

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Eni grabs two more oil and gas fields in Egypt

Italy's Eni has reached its second agreement in less than a week to explore oil and gas fields in Egypt, as efforts by Cairo to pay foreign oil majors debt attracts investors.  

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Kurds seize Iraq oilfields, ministers pull out of govt

Kurdish forces seized two oilfields in northern Iraq and took over operations from a state-run oil company on Friday, while Kurdish politicians formally suspended their participation in Prime Minister Nuri al-Maliki's government.

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With grip on oilfields, Kurds unveil new Iraq plan

Iraq's self-ruling Kurds have outlined plans to swiftly ramp up oil exports now that their forces have seized control of Iraq's main northern oil fields, a move that could tear up the settlement holding Iraq together since the fall of Sa

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