Exxon Explores Acquisition of Lukoil’s Stake in Massive West Qurna 2 Oilfield in Iraq
Exxon is reportedly in talks with Iraq to acquire Lukoil's stake in the massive West Qurna 2 oilfield, sources say. ...
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Tag: Middle East oil
Why Iraq Holds the Key to the Next Big Shift in Oil Prices
Iraq's oil production and exports stand at the heart of global supply worries. Even a slight disruption or boost could ...
Iraq Ramps Up Oil Exports as OPEC Eases Production Cuts
Iraq has ramped up its oil exports after OPEC decided to ease production cuts. This bold move is reshaping supply ...
Iraq Rises to Second Largest OPEC Oil Producer with Over 4 Million Barrels Per Day
Iraq has skyrocketed to become OPEC's second-largest oil producer, pumping over 4 million barrels per day, reports Shafaq News. This ...
Kuwait Oil Price Surges $2.18 to Reach $72.79 per Barrel
Kuwait's oil price rose by $2.18, reaching $72.79 per barrel, according to ZAWYA. The increase reflects tightening supply concerns amid ...
Kuwait’s Oil Industry Enters Exciting Second Phase of Mergers
The second phase of merging Kuwait's oil companies is now underway, aiming to streamline operations and boost efficiency. The restructuring ...
Tanker Owners Set Their Sights on Reviving Iraq’s Kurdish Crude Pipeline
Tanker owners are eagerly watching the potential revival of Iraq's Kurdish crude pipeline, which has remained largely dormant due to ...
Devastating Floods and Landslides in Sri Lanka: Over 486 Dead, Hundreds Missing as India Launches Major Relief Effort
Sri Lanka is grappling with catastrophic floods and landslides, leaving more than 486 people dead and at least 341 still...
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