Wednesday 22 November 2017
 
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oil auction

Oil and gas auction website to be formally launched at Adipec

Taking its inspiration from websites such as eBay, an online auction website for the oil and gas industry, www.oilandgasmart.com, will be formally launched at Adipec, taking place in Abu

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Iraq oil deal winners 'to make $0.68 a barrel'

International oil companies that submitted winning bids at Iraq's oil auction on Friday are expected to make a profit 68 cents a barrel, Iraqi Oil Minister Hussain al-Shahristani told state television. "What is left for the companies is 68

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Iraq historic oil auction ends with just one deal

Iraq's Oil Ministry on Tuesday ended its first auction of major oil and gas field contracts since the US invasion after sealing just one deal, with a BP-led group for its biggest field, Rumaila, an official said. The ministry received

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