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BASRA OIL COMPANY
Iraq turns to trucks to export oil in overland Syrian route revivalIraq has revived an overland oil export route through Syria to bypass disruptions in the Strait of Hormuz caused by the Iran war. Qatari en...- Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
- First time in decades Iraq set to move its oil beyond the Strait of HormuzIraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...
- Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...
- Iraq approves preliminary agreements to study strategic oil export pipeline projectsIraq's cabinet has greenlit preliminary deals for strategic oil export pipeline studies. A consortium featuring US firms Capital TI and Che...
- Suezmax tanker with Iraqi crude reaches India after Hormuz transitAn Iraqi crude oil tanker is heading towards India after navigating the Strait of Hormuz. Commercial ship movements through the vital water...
- Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief saysIraq can quickly restore crude exports to about 3.4 million barrels per day within a week if the war ends and the Strait of Hormuz reopens,...
- Israel-Iran war: Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources sayIraq has declared force majeure on its oilfields. Military operations have disrupted navigation through the Strait of Hormuz. This has halt...
- Iraq halts operations across the country's oil ports after one killed in Basra port attackAn attack on Iraq's Basra port has claimed one life and forced the closure of all the nation's oil terminals. Officials confirmed the incid...
- HPCL, MRPL buy 5 million barrels US, Mideast oil, sources sayTwo Indian state-run refiners have purchased a total of 5 million barrels of crude oil from the spot market as they seek alternatives to Ru...
- Iran US Airstrikes: Will war risk insurance premiums rise for vessels in Middle East? Here's insurance costs for ships passing through Gulf region as oil companies remove foreign staff from IraqWar risk insurance premiums for Gulf shipping have increased after US airstrikes on Iran. Oil firms BP, Eni, and TotalEnergies are evacuati...
- How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to AsiaThe shipments were loaded onto tankers with documents showing the fuel oil was Iraqi.
- ISIS preparing dirty bomb: ReportIslamic State terrorists in Iraq may have stolen a case of extremely radioactive material, which they could fashion into a so-called dirty ...
- Hampered by quality issues, Iraq backs crude split to drive exportsOPEC's No. 2 producer has little choice, since its drive to boost production - which hit a record 3.15 million barrels per day last year.
- 140 Indians returning from Iraq on WednesdayLabour issues resolved, coming back now. 140 Indians whose labour issues were resolved by Embassy are coming back from Basra, Iraq tomorrow.
- No move to raise petrol, diesel prices, government sees no cause for panic due to turmoil in IraqOil refining cos hold adequate stocks of crude oil & refined product, insulating them from a supply glitch, unless disruption in exports ge...
- Fuel prices will not increase, says Oil Minister Dharmendra PradhanOil companies aren’t currently considering petrol or diesel price hikes as they don’t see the flare up in Iraq violence to hit India’s crud...
- Mitsubishi gets 5 pc of Iraq gas projectRoyal Dutch Shell PLC said Tuesday that Japan's Mitsubishi will take a 5 percent stake in a planned joint venture it has with Iraq to produ...
- Iraq, Royal Dutch Shell to finalise gas dealIraq and Royal Dutch Shell PLC will formally launch plans to invest in a joint venture to tap natural gas in southern Iraq on Monday during...
- Oil prices lower in Asian trade as Iraqi oil supplies concerns easeWorld oil prices fell in Asian trade Friday on news that the damage to an Iraqi export pipeline attacked by saboteurs was not as serious as...
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