Iraq oil exports average of 2.6 million bpd in May
Iraqi Oil Minister, Abdul Karim al-Laeebi said that oil exports averaged to 2.6 million barrels per day (bpd) in May,...
Oil & Gas
Exploring Lebanon’s oil & gas wealth at OGP Lebanon 2013 Conference and Exhibition
Under the Auspices of the Lebanese Ministry of Energy and Water, and organized by IFP Group (International Fairs & Promotions),...
Turkey joins Exxon in Kurdistan oil deal
Turkish prime minister has said that state-owned Turkiye Petrolleri AO (TPAO) is has reached an agreement with the Kurdistan Regional...
How should we spend the oil wealth?
Lebanon is years away from filling its coffers with money gained from drilling the seas for oil, but that isn’t...
Lebanon has 30 trillion cubic feet of offshore gas
Preliminary surveys of Lebanese offshore fields show reserves of 30tn cubic feet of natural gas and 660 million barrels of...
Major gas project kicked off in Iraq
Multibillion dollar project has been announced to be started by Royal Dutch Shell for tapping natural gas at the south...
New survey in the northern part of the Levantine Basin
British geological surveyor Spectrum has started a new phase of its 3-D survey of offshore oil and gas reserves, covering...
Iraq Launches world's largest flare reduction project
South Gas Company, Shell and Mitsubishi officially announced the commencement of operations of Basrah Gas Company, which will be the...
Kuwait eyes $42.15 billion surplus in 2013-2014
After trading broadly flat through March, crude oil prices dropped sharply in early April. The price of Kuwait Export Crude...
Iraq's oil exports at 2.6 million bpd in April
Iraq's crude exports for April were 2.6 million barrels per day (bpd), while total oil production stood at 3.1 million...
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