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Arab Oil & Gas News

Kosmos, Chariot to Search for Oil Offshore Mauritania

Mauritanian News Agency AMI reported that a Texas based, independent oil company, Kosmos Energy, yesterday signed an exploration and production agreement with the representatives of the Energy Ministry of Mauritania. …

Iraq oil exports through Turkey resume

..Iraq resumed pumping oil via a pipeline through Turkey after a fire resulting from an "act of sabotage" was brought under control, the Iraqi oil ministry said on Thursday. (more…)

Explosion Halts Gas Production in Yemen

Yemen Liquefied Natural (LNG) Company said a sabotage group exploded last night the LNG main pipeline that links sector 18 and liquefaction plant in Balhaf in the Yemeni southern region of Shabwa . (more…)

Iraq oil output over 3 mln bpd; first time in decades

Iraq's oil production has risen above 3 million barrels per day for the first time in more than three decades, it announced on Monday, and said it will sharply increase exports with a major new floating oil terminal beginning operations in…

Iraq oil production to rise 28% in 2012

Iraq is on its way to raise crude oil production by more than a quarter this year. Iraq is currently the third largest producer of oil in the Organization of Petroleum Exporting Countries. (more…)

Study to explore pan-Arab energy market

The Arab Fund for Economic and Social Development has commissioned a feasibility study for creating a single energy market from Morocco to Oman, the Italy-based consultancy who will conduct it said on Monday. (more…)