TotalEnergies signs 27 bln. USD energy deal with Iraq
Iraq and French oil company TotalEnergies signed a 27 billion USD energy deal on Monday aimed at boosting crude oil…
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The price of oil at the last 4 months’ high, after the attacks in Saudi Arabia
WTI US benchmark oil futures closed Monday at $ 62.5 a barrel, close to the highest level of the day’s…
Iraq will deliver third-biggest chunk of new oil over next decade, IEA
Iraq will be the third-biggest provider of new oil supplies over the next decade, boosting its production by almost 30…
Siemens to supply electricity to Iraq
German industrial major Siemens has signed a memorandum of understanding to provide electricity to Iraq in detriment of his American…
Oil jumps as fighting in Iraq’s oil-rich Kirkuk shuts output
Oil markets jumped on Monday as Iraqi forces entered the oil city of Kirkuk, taking territory from Kurdish fighters and…
Oil whipsaws as production seen rising, more OPEC cuts discussed
Oil prices whipsawed Monday, in movement simmilar to those recorded since the beginning of the year, turning negative after the International…
Lukoil seeks Middle East oil projects for growth as Iran opens
Lukoil PJSC is seeking opportunities for growth in the Middle East as Iran opens more of its oil fields to…
Brent crude reached 53.5 dollars per barrel
Brent oil price fell below 55 dollars a barrel, a new low last registered in May 2009, due to increasing…
IEA: Low oil prices to bite into 2015 U.S. shale growth
Falling oil prices may cut investment in U.S. shale oil by 10 percent next year, the International Energy Agency (IEA)…
OPEC oil price falls below 80 USD, to 4-year low
OPEC members’ average crude price fell below 80 USD for the first time in four years as Saudi Arabia and…
