Wednesday 22 November 2017
 
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Iraq's Somo reaches 20m barrel DME milestone

Dubai Mercantile Exchange (DME), a leading commodities exchange in the Middle East, hosted its latest auction, on behalf of Iraq’s National Oil Company (Somo), taking the total number of barrels auctioned on behalf of Somo to 20 million.

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Iraq's Somo reaches 20m barrel DME milestone

Dubai Mercantile Exchange (DME), a leading commodities exchange in the Middle East, hosted its latest auction, on behalf of Iraq’s National Oil Company (Somo), taking the total number of barrels auctioned on behalf of Somo to 20 million.

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Basrah Heavy cargo sold at $1.37 premium on DME

Dubai Mercantile Exchange hosted its latest auction on Wednesday, on behalf of Iraq’s National Oil Company (Somo). The 2-million barrel cargo of Basrah Heavy was awarded at a premium of $1.37 per barrel over the September Basrah H

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Somo to sell second Basrah Light cargo on DME

Iraq’s State Organization for Marketing of Oil (Somo) is set to sell a second Basrah Light cargo on the auction platform of Dubai Mercantile Exchange (DME), following the success of the first auction, said a top official. Tw

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Somo to sell second Basrah Light cargo on DME

Iraq’s State Organization for Marketing of Oil (Somo) is set to sell a second Basrah Light cargo on the auction platform of Dubai Mercantile Exchange (DME), following the success of the first auction, said a top official. Tw

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Kurds cut oil transfers to Iraq's Somo by half in July

Iraqi Kurdistan reduced its transfers of oil to the Iraq State Oil Marketing Organization (Somo) by half in July to an average of 71,017 barrels per day (bpd), as the autonomous region continued independent exports, its Ministry of Natural Res

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Kurdistan stops oil transfers to Iraq's Somo

Iraq's semi-autonomous region of Kurdistan is shipping oil to the Turkish port of Ceyhan but has stopped transferring crude to Iraqi state oil firm Somo, two shipping sources told Reuters.   The susp

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Iraq to start Basra Heavy crude supply from June

Iraq's State Oil Marketing Organisation (Somo) has informed its partners they can start loading Basra Heavy crude from June, changing last week's decision to launch the new grade in May, two sources with direct knowledge of the matter

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Iraq tells partners to lift Basra Heavy crude from May

Iraq's State Oil Marketing Organisation (Somo) has informed its partners they can start loading Basra Heavy crude from May, instead of its flagship light grade, two sources with direct knowledge of the matter said.  

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Iraq's Somo sees average December oil exports from Basra topping 2.6 mbpd

The head of Iraq's state oil marketing body, Somo, said that he expected average December oil exports from Basra to top 2.6 million barrels per day (mbpd).   Falah Al Ami

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