Oman’s oil reserves estimated at 50 billion barrels
Oman's potential oil reserves are estimated at 50 billion barrels, of which 5 billion barrels are ready for production, according...
Oil & Gas
Iraq to become main global oil supplier in coming two decades
Iraqi deputy premier for energy affairs stated, in a lecture in Mumbai, India, that Iraq will be the main supplier...
Iraq expects to exceed 2013 goal of crude oil production
Iraqi Ministry of Oil predicted that Iraqi oil production would exceed its goal for country scheduled for 2013 with expectations...
Iraq signs contract worth $709 million to develop gas field
Iraq announced that the Korean company Daewoo for Engineering and Construction Services won a contract worth $709 million to develop...
French Total to increase production in Kurdistan region of Iraq
French oil company Total announced its expansion efforts to increase oil production in the Kurdish region. The Kurdish governmental site...
Iraq exports 444 million barrels of oil in 6 months
Iraqi oil ministry announced that Iraqi oil exports in the first six months of this hear reached to 444 million...
Iraq to set up new state oil companies
Iraq's cabinet has authorized the Oil Ministry to establish three new public companies, according to a statement from the cabinet....
Kuwait discovers new oil and gas field
Kuwait has discovered a new oil and gas field in Kabed area close to the well-known Manageesh oilfield, Hashem Sayed...
Iraq offers India 3 oil contracts
Iraq offered India three Oil contracts and financial credit for two months. The Media Office of the Prime Minister, Nouri...
OPEC says global oil demand to pick up pace next year
OPEC said global oil demand will pick up pace next year and rise by about 1 million barrels a day,...
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