Iraqi Kurdistan has finalised a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines to ship the autonomous region's rich hydrocarbon reserves to world markets, sources involved in talks said on Wedn
A new export pipeline means Iraqi Kurdistan will soon earn more from its own oil than it receives from Baghdad as a share of total Iraqi revenues, a turning point that could strengthen the region's hand in its long search for independence.
Iraq has restored normal output from the southern oilfields on Sunday after completing repair work on a pipeline leak that reduced oil production, two oil officials said on Monday.
The leak in the ageing pipeline - buried three me
Kuwait has decided not to build an oil export pipeline to bypass the Strait of Hormuz because it would be too difficult and costly, a leading Kuwaiti newspaper reported on Tuesday.
Kuwait's Gulf Opec allies, Saudi Arabia and t
Tribesmen bombed Yemen's main oil pipeline in the central Maarib province on Saturday, a government official said, the fourth attack on the pipeline in a month.
The attack, which stopped oil flows from the Maarib fields to the
Iraq has pre-qualified 12 companies and joint ventures to build an $18-billion export pipeline to Jordan, the oil ministry said on Wednesday.
The plan is to export 1 million barrels per day (bpd) of Iraqi crude to Jordan, of which
Libya's largest western oilfields closed when an armed group shut down the pipeline linking them to ports, its deputy oil minister said on Tuesday, reducing its oil output to a trickle.
Total Libyan oil output would be just un
Iraq has cut Kirkuk crude oil shipments by more than half in the September programme as loadings run a month behind, due mostly to leaks and attacks on the export pipeline, according to the preliminary programme and trading sources.
Crude oil flows have resumed through a pipeline running from Iraq's Kirkuk oil fields to the Mediterranean port of Ceyhan in Turkey, two officials from Iraq's North Oil Company said on Saturday.
Flows resumed on Friday at
Iraq has invited international companies to build part of a new oil export pipeline linking the country's northern Kirkuk fields to Turkey, an oil ministry spokesman said on Monday.
The stretch of pipeline through Iraqi territ