China National Petroleum Corp (CNPC), the country’s top oil producer, has said operations have begun at Iraq’s Al-Ahdab oil field, with an initial annual capacity of three million tonnes.

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« the cost of the national knowledge product Does not exceed 10% of the cost of imported ones», this sentence, argues Dr. Eng .Mahmoud Mustafa Hadid interlocutors based on it not only to studies, but also to his personal experience, which came up for the invention of the mechanical means to address the problems caused by evasion total risk in the oil wells.

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Iraq and its partners, Russia’s LUKOIL and Norway’s Statoil , have shortlisted five companies to compete for the West Qurna Phase Two oilfield development contract, an Iraqi oil official said on Tuesday

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Yemen has lost nearly $1-billion U.S. in revenues since a blast blamed on tribesmen supporting efforts to oust the president cut off the country’s main oil (CL-FT) pipeline, a senior official said on Tuesday

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Spanish natural-gas provider Gas Natural SA SDG (GAS.MC) said Friday that Algerian state-owned oilcompany Sonatrach will buy a 3.85% stake in its operations for EUR515 million as part of a settlement of a long-running dispute

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Libyan port workers, frightened of being caught up in Moammar Gaddafi’s violent crackdown on protesters, fail to show up for work, leaving empty tankers floating around the Mediterranean Sea waiting to load crude.

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In a move that reflected a strong emphasis on the confidence of Member States performance outstanding, the General Assembly of the Arab Company for Petroleum Investments (APICORP) at its special meeting held recently in Cairo, was unanimously capital increase subscribed by 173% from $ 550 million to 1,500 million dollars.

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The members of the Gulf within OPEC, led by Saudi Arabia will call to increase oil supplies during the WTO meeting this week in an effort to support the growth of the global economy by lowering oil prices to less than $ 100 a barrel.

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Iraq expects its oil output to rise to three million barrels per day (bpd) by the end of this year and sees it growing an additional 500,000 to one million bpd next year, Deputy Prime Minister Hussain Al-Shahristani said on Saturday. Al-Shahristani said Iraq’s program to install new single point moorings (SPMs) would help increase export capacity by an additional 1.8 million bpd by the end of this year.

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France’s Total has acquired a 25% stake in Qatar’s Block BC offshore exploration license, state-owned Qatar Petroleum said in a statement.

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