15:45 Edited time: May 27, 2015 17:41 A worker checks a valve of an oil pipe at Rumaila oilfield in Basra, southeast of Baghdad (Reuters / Essam Al-Sudani) Iraq is ready to increase its crude exports to a record 3.75 million barrels per ... Russia Today, 3 days ago
O3b, MEOSAT to Provide High Speed Connectivity to Oilfields in Southern Iraq - Satellite Today, 1 month ago
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British oil major BP has decided to reduce its investment in the Rumaila oilfield project in Iraq by $1bn this year after it was warned of possible delay in payments over a slump in crude oil prices. The company initially planned to spend $3.5bn on ...Energy Business Review, 1 week ago BP to reduce spending to USD2.5b on Iraqi Rumaila field MENAFN, 1 week ago Reuters: BP, Iraq plan to lower Rumaila spending by $2.5B this year Seeking Alpha, 1 week ago UPDATE 2-BP agrees to cut spending on Iraq's Rumaila field after oil price drop London South East, 1 week ago
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BP plc ( BP - Analyst Report ) plans to lower its development budget by $1 billion for Iraq's massive Rumaila oilfield this year. This is mainly due to a fall in crude prices and the government's conflict with the Islamic state, which had made ...Zacks.com, 1 week ago
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DEAD SEA, Jordan An Iraqi bank controlled by Jordanian interests plans to open five more branches in Iraq by the end of this year, a sign that there is still money to be made in much of the country despite civil war and low oil prices. Iraq's ...Reuters India, 5 days ago
The field has production capacity of over 400,000 barrels per day. Iraq has agreed a $526.6mn drilling deal with China's Zhongman for the West Qurna 2 oilfield, Reuters has reported. Zhongman Petroleum and Natural Gas will drill 66 production ...Arabian Oil And Gas, 6 days ago
FTSE CLOSE Footsie holds onto gains as UK falls into deflation; eurozone markets soar on news of 'front loaded' stimulus
By Thisismoney.co.uk Reporter Published: 1 View comments 17.01: The FTSE 100 closed up 26.23 points at 6995.10. More to come. 15.30: The Footsie held firm in late afternoon trade but eased back from earlier highs as US stocks made a cautious ...This is Money, 1 week ago
INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Asian shares wobble on Greek woes, euro pressured * Brent crude oil prices dip on weak Asian economies * MIDEAST STOCKS-Egypt surges as capital gains tax delayed; Gulf mixed * PRECIOUS-Gold holds near ...Reuters, 1 week ago
Quote of the Week Despite Europe's desire to loosen its reliance on Russian gas, the shale revolution has turned out to be a dud. Difficult geological conditions, fierce environmental opposition, cumbersome regulations and a bloody war in ...Resilience, 1 week ago
BP, the former state-owned oil company with operations from Russia to Iraq, appointed the retired chief of Britain's overseas spying network as a board member. John Sawers was head of the MI6 service until November 2014. He spent 36 years working ...Energy Voice, 2 weeks ago BP Appoints Britain's Former Spy Chief to Company Board La Repubblica, 2 weeks ago
Royal Dutch Shell Group is still in talks with the Iraqi government over production targets for the Majnoon oilfield in southern Iraq, a company official said. Shell, which has a 45 per cent stake in the field, began production in 2013 and ...Abu Dhabi National, 2 weeks ago
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