Saturday 12 July 2014

UK group resumes pumping of Kurdish oil

UK-listed oil exploration firm Gulf Keystone has restarted production in Kurdistan, ending a half-year hiatus since the regional government asked operators there to stop pumping, industry sources said. The company is now producing


Saudi pumping most in 5 months: Al-Naimi

Top oil exporter Saudi Arabia is pumping at around 10 million barrels per day (bpd), the most in about five months, and is  storing 80 million barrels to meet any sudden disruption in supplies, Oil Minister Ali Al-Naimi said. Worries

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