Iraq’s oil exports have reached the highest records in decades. Crude oil exports averaged 2.508 million bpd in April 2012 due to the opening of two new floating terminals, easing…

In a step that further builds its resource base in the Kurdistan Region of Iraq, Genel Energy  announced on Monday that it is to acquire a 23 per cent stake in…

Having received all necessary approvals of the Field Development Plan (FDP) for Barda Rash during November 2011, the Company has commenced the development programme that will initially target approximately 500…

Russia’s  is expecting to start exporting from its East Badrah oil field in Wasit [Wassit] province early next year, according to AKnews. Alexander V Kolomatsky, Project director for the Middle East…