Iraq's current southern oil output and export levels, given by the country's oil minister yesterday, indicate that fighting and unrest has not derailed an expansion of supplies from Opec's second-largest producer.
Dubai-based companies Transworld Group and Nawah Port Management have entered into a formal agreement to service Iraq’s growing demand for imports, linking their shipping, logistics, marine services and port capabilities.
BP chief executive Bob Dudley said on Tuesday the oil company's operations in Iraq were so far unaffected by violence in the country.
"We are just very vigilant in Iraq. Non-essential production people have left but opera
Iraq's southern oil export facilities, currently its only export outlet, were secure, with shipments now running at around 2.6 million barrels per day, Oil Minister Abdul Kareem Luaibi said on Wednesday.
An Al Qaeda splinter g
Iraqi exports of medium sour Basra Light crude oil will rebound in April to 2.58 million barrels per day (bpd), trade sources said on Tuesday.
The OPEC producer is reclaiming its rank as the world's fastest-growing oil exporter afte
North America Western Asia Holdings (Nawah), a leading player in port management business, said it has completed the offloading of the third container vessel which runs weekly service between the UAE and the company’s hitech container term
Global software-as-a-service provider MiX Telematics showcased its latest fleet management solutions for the oil and gas industry at a recent exhibition in Basra.
According to latest statistics published by the fourth Basra Intern
Baker Hughes, a leading oilfield services company, has suspended operations in Iraq and issued a force majeure notice to its customers.
The suspension of operations followed a protest incident by local residents recently at a subs