Energy, Oil & Gas Policy – Page 23 – Iraqi Economists Network

Oil export revenue of Iraq to jump at the record high position

Revenue through oil export in Iraq is likely to increase for the month of April as Basrah Light crude to Asia sells at the highest rate in more than a year against Saudi prices and shipments expand. Iraq is set to export the most Basrah Light in at least two years next month, at the same time as the grade’s discount to Saudi crude is the narrowest in 17 months. Alexander Poegl,

An oil refinery construction agreement between Iraq's Mosul province and the Kurdish Regional Administration was signed on Monday, says Mosul governor.The agreement includes the sharing of oil extracted from the disputed areas between Mosul and the Kurdish Regional Administrationm (KRG) in support of the Mosul province, said Nujaifi and added, "This agreement will change Iraq'

Iraq has approved major contract items for Eni's giant oilfield project in its south, just hours after the Italian company threatened to pull out if red tape was not cut and Angola's Sonangol quit projects in the north due to security concerns. Rising violence has not hit operations at the southern fields driving Iraq's oil expansion, but Western companies at work there say det

Download PDF From the American point of view, the biggest energy revolution in recent years has been the explosion in domestic supplies of oil and gas that has catapulted the United States into the top ranks of global energy producers. But globally, one of the most important, if less visible, energy revolutions has been the ongoing explosion in demand for oil in the Middle Ea

One of the major problems faced by decision-makers is the rising cost of refinery projects A few weeks ago I wrote about the outlook for the petroleum refining industry in the Middle East and the great expansion that is forthcoming from about 8 million barrels a day (mbd) to 15.5 mbd in 2020. One of the major problems faced by decision-makers is the rising cost of ref