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Arab Oil & Gas News

Oil pipeline supply linking Iraq with in Turkey stops

A source in the North Oil Company revealed on Saturday that the supply of oil in the pipeline of Kirkuk - Yumurtalik linking Iraq to Turkey stopped after the bombing that took place in the Turkish side. (more…)

Iraq warns Kurdish oil exports to Turkey harm ties

Iraq said on Sunday that oil exports from Kurdistan to Turkey by truck were "illegal", warning Ankara that such trade with the autonomous region could damage its relations with the central government in Baghdad. …

Pakistan Petroleum to explore Iraq gas block

Iraq has signed an initial gas exploration contract with Pakistan Petroleum as part of its push to attract more foreign investment to develop its energy sector. The contract gives the Pakistani company the right to explore gas Block 8 in…

Iranian oil stuck in Egypt as Turkey cuts imports

Turkey is struggling to import Iranian oil in July because of Western sanctions on ship insurance, trading and shipping sources told Reuters, leaving Tehran battling to sell oil now stuck in storage tanks in Egypt. …

Turkey, Iraq work on export of Basra oil via Turkey

Turkey's energy ministry has started technical work with Iraq's central government on shipping crude oil from Basra in southern Iraq via the Kirkuk-Ceyhan pipeline to Turkey's Mediterranean coast and on to world markets, its…

Nigerian, Chinese firms sign oil deal in Sudan .

Sudan has signed oil exploration and production-sharing deals with foreign companies on nine blocks, a senior oil official said, sealing investments of $1 billion in Sudan, which is struggling to deal with a big loss in oil revenues. …

Yemen loses $10-15 mln/day as oil exports halted

Yemen is losing up to $15 million a day in export revenue because violence has halted shipments from the oil-producing Maarib province, the oil minister said, adding the government would ensure the repair of a crude pipeline 'by…