Canadian exploration company in Iraq names new VP and GM
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Posted inNews
Dana Gas 2013 revenues up $652 million
Regional natural gas company increases assets to $3.52 billion
Posted inNews
Lukoil announces 400,000 bpd target for West Qurna
Production at West Qurna-2 is expected to hit 1.2mbpd once complete.
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Syrian rebel groups seize oil & gas resources
ISIS and Nusra Front are using resources to fund anti-government fight
Posted inProducts & Services
Production surge won’t hit oil prices: OPEC
OPEC say that an extra 2 million bpd could be produced this year.
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Iran nets $9.19 billion in oil revenue
Latest figures released by Iranian customs administration
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Tensions mount over Kurdish oil export
Iraq issues warning against ‘independent’ Kurdish exports
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Lukoil awards Weir Group with maintenance contract
Weir wins $98m contract for provision of maintenance services in Iraq
Posted inNews
Schlumberger sees Q4 revenues hit $11.91 billion
Oilfield service company sees Q4 revenue up $830 million year-on-year
Posted inNews
OPEC price up 36 cents overnight
OPEC basket hits $105.62 Wednesday, highest since January 2nd