Saudi Arabia’s oil production is 8.1 million barrels a day (bpd), the kingdom’s Oil Minister Ali al-Naimi said on Monday.

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 Iraq’s western Anbar province is demanding more control over its potentially huge energy reserves ahead of this week’s auction of gas fields, including the vast desert province’s Akkas reservoir.

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Moves by Iraq and Iran to raise sharply estimates of their oil reserves are politically motivated and not justified by evidence, a former Iraqi oil minister has said.

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Media sources reported that Iraqi Prime Minister Nuri al-Maliki plans to visit Syria on Wednesday to discuss the development of bilateral relations in political, economic and commercial sides .

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Iranian Oil Minister Masoud Mir-Kazzemi announced that Tehran is scheduled to host a quadrilateral meeting on gas exports in the near future to be attended by reprsentatives from Iran, Iraq, Syria and Lebanon.

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Iraq raised its estimate of national crude oil reserves to 143.1 billion barrels, Oil Minister Hussain Al-Shahristani said today, overtaking Iran as home to the world’s fourth-largest petroleum deposits.

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Iraq’s crude oil exports rose in September to 2.021 million barrels per day from 1.789 million bpd the previous month, an Iraqi oil official said on Saturday.

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Iraq has asked international oil firms that won contracts to develop its vast oil reserves whether they are interested in financing the country’s huge crude export infrastructure projects.

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Iraq and Turkey signed an agreement on Sunday extending the operation of a major oil pipeline, which transports about a quarter of Iraqi crude exports.

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Iraq’s Oil Ministry has decided to postpone an auction for three gas fields to October 20 after eight companies asked for more time to study contract terms, an Iraqi oil official said on Sunday.

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