Iraq said it was resuming exploration of its immense oil reserves after a break of nearly 20 years due to crippling UN sanctions, saying it hopes to double its proven deposits of crude. "Today the Iraqi oil ministry celebrates a return to work by Iraqi oil exploration teams after 20 years of interruption," ministry spokesman […]
Results for "iraq resumes oil exploration"
We found 5 results for your search.
Qayarah field resumes production
After more than a year offline, the Ninewa province heavy oil field is producing about 10,000 bpd, with output trucked to Kirkuk.
Despite turbulence, Kurdistan’s IOCs look to raise spending and output
High oil prices are spurring international oil companies in Kurdistan to raise production, even as they face new legal threats, political upheaval, and commercial uncertainty.
Iraq intent on boosting oil production by 17 percent; security and investment still uncertain …
Plus: *Negotiated deals with Big Oil done by first quarter 2008 *Contracts on oil fields from bids signed by end '08, more next year *Exports to Turkey resumes, fears remain it can't deliver on crude contracts *Political party that runs Basra may rejoin national government *Iraq's editorial pages Iraq has its sights set on 300,000 […]
DNO lashes out at Bors
The Norwegian oil firms’ shares plummet as trading resumes following the temporarily suspension following the explosive dispute with Kurdistan Regional Government.