Iraq and Syria have completed technical talks about a planned pipeline for transporting Iraqi oil to Mediterranean ports, AlWatan daily reported, citing an official speaking with the Kurdistan Independent News Agency.
The oil production from fields in North Sudan will reach 110,000 barrels per day (bpd) by the end of 2010, an official at the oil ministry said on Sunday.
Gas-rich Qatar on Tuesday renewed calls by exporters of natural gas for a mechanism to link pricing for the commodity to oil prices to ensure stability in the market.
Qatar is in talks with Total (TOTF.PA: Quote) and Royal Dutch Shell (RDSa.L: Quote) to develop the Raslaffan petrochemical complex, Qatari Energy Minister Abdullah al-Attiyah said on Tuesday.
OPEC member Kuwait plans to spend as much as $90 billion on oil projects inside and outside the country over the next five years, a top oil executive said Monday.
Iraq could more than triple oil output by 2017, a senior advisor to its prime minister said on Monday, effectively cutting previous estimates but giving a figure that would still make Iraq one of the world’s top producers.
Production from Iraq’s prized West Qurna Stage 1 oil field should more than triple to 750,000 barrels a day in three years time, an oil official said Sunday.
Egypt will not sell more natural gas to Israel than the amount the latter already receives, an Egyptian official source said on Saturday.
Prices of major oil derivatives in Jordan have been increased by 4.4% in line with global price changes, the Jordan Times has reported.
The Ministry of Oil in Baghdad, Sunday, the adoption price for a barrel of oil up to $ 73 in the state budget for 2011 in agreement with the Ministry of Finance, pointing out that exports adopted rate 2.0003 million bpd exports, including the Kurdistan region.
