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Iraq Oil Discovery News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Iraq Oil & Gas.
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Latest Iraq Oil Discovery News

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  • IRAQ: A LAND OF RISK AND REWARD 6 Dec 2009 04:35 GMT
    ... investors assembling here speak a common language: oil. Kurdistan sits on plenty of it, and ... Exxon, Royal Dutch Shell PLC, China National Petroleum Corp. and Italy's Eni SpA have either ... exploring but would be reluctant to develop discoveries, should it strike pay dirt. "The big ...

  • Kurdistan: A lot of oil, a lot of risk 6 Dec 2009 04:35 GMT
    ... Kurdistan: A lot of oil, a lot of risk The future of ... Exxon, Royal Dutch Shell PLC, China National Petroleum Corp. and Italy's Eni SpA have either ... exploring but would be reluctant to develop discoveries, should it strike pay dirt. “The big ...

  • Global Terrorism: Twisted Terms to Hijack History 5 Dec 2009 11:51 GMT
    ... for the eventual U.S. invasion and subsequent oil grab? Will these policies of using force under ... is just one source country for the resource in the region. The 21st Century Oil ... world peace with justice? can be easily discovered at TheSheeplesTV.com. You can share your own ...

  • Supermajors' resources might be drying up 30 Nov 2009 14:33 GMT
    ... the forefront the challenges facing the supermajor oil and gas companies. Despite dominating hydrocarbon development throughout the ... After 50 years, production rates in large fields are declining because of natural depletion while newly discovered reservoirs are in difficult-to-extract locations. Some NOCs, ...

  • Oil Supermajors' Resources Might Be Drying Up 30 Nov 2009 21:40 GMT
    ... can take upward of a decade from discovery to first production for projects that are ... to bear on these projects. Large independent oil companies, such as Anadarko ( , are often ... difficult reservoirs or boosting production at mature fields through enhanced oil-recovery techniques. Service companies can ...

  • Crude oil politics in occupied Iraq 4 Dec 2009 16:12 GMT
    ... in the world." The theft of Iraq’s oil by the West has picked up speed. ... in the Norwegian newspaper Dagens Naeringsliv that discovered documents linking Galbraith to DNO. The paper ... followed a similar deal signed with British Petroleum (BP) and China National Petroleum Corp (CNPC), ...

  • Oil, land and debt 30 Nov 2009 11:50 GMT
    ... to rely on global trading. In 1966, oil was discovered in Dubai, and foreign workers and oil ... is sound. With a paucity of natural resources, it sought economic development in diversification of ...

  • How Offshore Oil and Gas Production Benefits the Economy and the Environment 30 Nov 2009 19:09 GMT
    ... Conventional wisdom holds that offshore oil and gas production harms the surrounding environment. ... oil and tar. Papers published by British Petroleum in the early 1990s show that over ... the world's early major oil and gas discoveries by pioneers of oil production -- as ...

  • Are we scraping the bottom of the oil barrel? 30 Nov 2009 21:48 GMT
    ... Western oil firms see part of their salvation from markets ... of America and Brazil as well as discoveries in countries such as Ghana and Uganda ... about a "giant" strike on the Tiber field in the Gulf of Mexico and BG, ...

  • Oil Supply Seen Set to Grow Through 2030 with No Peak Evident 30 Nov 2009 20:43 GMT
    ... Oil Supply Seen Set to Grow Through 2030 with ... in new report Figure 1. World Liquids Discovery and Production 1930-2007. Source: IHS CERA. Figure ... Sixty percent of the more than 1,000 fields examined in detail for the study were ...

  • Brazil's oil and climate change dilemma 3 Dec 2009 19:06 GMT
    ... forefront of pioneering renewable energy, but the discovery of oil off the coast has left the country with a ... like Brazil not to exploit substantial oil reserves if they can have a surplus from ...

  • BP battles Exxon Mobil over Ghana oilfield 30 Nov 2009 15:32 GMT
    ... A battle between Exxon Mobil, the American oil giant, and BP over one of the ... Chinese state oil group, and Ghana National Petroleum as partners. BP and Exxon declined to ... paid $1.5 billion for new Ugandan fields discovered by Heritage Oil. In Iraq the world’s ...

  • Asset class faces muted returns 30 Nov 2009 16:02 GMT
    ... particularly in the extractive industries such as oil and metals. Producers either voluntarily cut capital spending or ... The cost of production in new Canadian oilfields is between $70 and $80 a barrel, ... “People think there will be new oil discoveries, but the fact is Saudi’s main field, ...

  • Are we scraping the bottom of the barrel? 30 Nov 2009 16:26 GMT
    ... Western oil firms see part of their salvation from markets ... of America and Brazil as well as discoveries in countries such as Ghana and Uganda ... about a "giant" strike on the Tiber field in the Gulf of Mexico and BG, ...

  • History of Iran's Naval Forces and the Importance of the Strait of Hormuz 30 Nov 2009 16:26 GMT
    ... Iran's naval forces was kick-started by the discovery of Iran's petroleum deposits in the early 20th century and ... Iranian merchant ships. The Shah, awash with oil revenue, provided a large defense budget and ...


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