State-owned oil company initially awarded contract by Saddam Hussein
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Posted inProducts & Services
Iraq to pay war reparations with oil revenues
Gulf state owes Kuwait more than US$25 billion for 1990 occupation
Posted inProducts & Services
Iraq shocks IOCs with $2.5 billion oil demands
Oil companies wanting to work Iraq’s oilfields will have to dig deep
Posted inProducts & Services
Low oil prices to blame as BP’s profits slump 62%
Energy giant’s profits down to US$2.56bn despite 4% rise in production
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Dragon Oil announces 19% production increase
Dubai-based company sees average daily production rise to 43,787 bpd
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OPEC chief wants to see oil at US$70 a barrel
Abdalla El-Badri joins chorus of voices calling for higher oil prices
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Oil demand to pick up in 2010
Powerful and long-lasting aftershock looms if investment crunch bites
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Oil price undermining economy says Qatar minister
Oil minister warns current oil price could effect future energy supply
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Oil and gas needs more young talent says expert
Senior HR official from BP warns of severe staff shortages in future
Posted inProducts & Services
Sonatrach strikes oil in Libya
Energy giant finds oil at Ghadames Basin in the south of the country