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Iraq Oil Exploration 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 Exploration 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 ... the regional government, which has been awarding exploration licences. Now, those firms find themselves in ...

  • 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 ... the regional government, which has been awarding exploration licences. Now, those firms find themselves in ...

  • Stop the old 'bridge' metaphor; Turkey has become a new regional 'hub' 6 Dec 2009 00:36 GMT
    ... including storage of enriched uranium on Turkish soil. Joint exploration and production of natural gas, trade in ... no fewer than 48 memoranda in the fields of commerce, energy, water, security, forestry, the ...

  • Iraq says it may approve oil deals in December 5 Dec 2009 15:43 GMT
    ... and its partners Occidental Petroleum Corp. (OXY) and Korea Gas Corp. (036460.SE) ... of the year, God willing," Iraq's deputy oil minister for exploration, Abdul Kareem Leaby, told reporters in Cairo ...

  • 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. ... Gulf of Mexico -- are off-limits to exploration and drilling. Government studies estimate that these ... oil and tar. Papers published by British Petroleum in the early 1990s show that over ...

  • 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 ... , are often as equally skilled at exploration and production but also often lack the ... capital costs, higher operating costs, and lower-quality crude. Other accessible resource deposits fall much higher ...

  • Oil Supermajors' Resources Might Be Drying Up 30 Nov 2009 21:40 GMT
    ... to bear on these projects. Large independent oil companies, such as Anadarko ( , are often as equally skilled at exploration and production but often lack the financial ... capital costs, higher operating costs, and lower-quality crude. Other accessible resource deposits fall much higher ...

  • 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. ... is advisor to the Canadian company Vast Exploration, which has a 37% stake in an ... followed a similar deal signed with British Petroleum (BP) and China National Petroleum Corp (CNPC), ...

  • 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 ... claims the world is running out of crude. BP recently boasted about a "giant" strike ... Gulf of Mexico and BG, the former exploration arm of British Gas, talked of its ...

  • 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 ... Sixty percent of the more than 1,000 fields examined in detail for the study were ... recession has also driven a reduction in exploration and production investment, exploration and field upgrades ...

  • Iraq and its oil: Deterring foreign investors (Sep 24th) 3 Dec 2009 18:51 GMT
    ... Iraq’s ramshackle oil ministry is not encouraging foreign investment SUITORS ... ministry has been telling companies looking for exploration and drilling contracts to give unusually large ... Even so, BP and the China National Petroleum Corporation (CNPC), which won the contract, are ...

  • iraq, france: Talabani urges French firms to invest, offers oil 1 Dec 2009 20:52 GMT
    ... Wednesday promised major deals -- including large oil contracts -- to French business chiefs keen to ... contracts for two of its major oil fields at a rights auction next month. “You ... the European Union. Total’s director general for exploration and production, Yves-Louis Darricarrère, confirmed his firm ...

  • Chinese state owned companies to play growing role in M&A activity: experts (Mergers-Acquisitions) 30 Nov 2009 21:06 GMT
    ... are many second-tier companies, particularly in the oil sands sector, that could be targets, including ... their appeal to a Chinese company. Addax Petroleum Corp., which has properties in Africa and ... was recently acquired by Sinopec International Petroleum Exploration and Production Corp., while PetroChina bought Canadian-based ...

  • Chinese state - owned companies to play growing role in M&A activity: experts 30 Nov 2009 21:05 GMT
    ... are many second-tier companies, particularly in the oil sands sector, that could be targets, including ... their appeal to a Chinese company. Addax Petroleum Corp., which has properties in Africa and ... was recently acquired by Sinopec International Petroleum Exploration and Production Corp., while PetroChina bought Canadian-based ...

  • Chinese state-owned companies to play growing role in M&A activity: experts 30 Nov 2009 21:40 GMT
    ... are many second-tier companies, particularly in the oil sands sector, that could be targets, including ... their appeal to a Chinese company. Addax Petroleum Corp., which has properties in Africa and ... was recently acquired by Sinopec International Petroleum Exploration and Production Corp., while PetroChina bought Canadian-based ...


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