Saturday 27 December 2014
 
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Hess

Petroceltic, Hess to resume oil drilling in Iraq

Oil and gas explorer Petroceltic said it would resume drilling in Iraqi Kurdistan together with partner Hess in early October, after operations were suspended last month at one of its wells due to security risks in the region. The

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Iraqi Kurds see sharp decline in oil exports

Crude exports from Iraq's northern Kurdish region have dropped to 50,000-60,000 barrels per day from 160,000 bpd since late last month, several Iraqi government sources said on Saturday. The reason for the decline was unknown, they sai

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