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BASRA OILFIELD
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,...- Oil stabilises as investors weigh US, Iran threats to facilities, sanctions liftOil prices saw a slight dip as markets grappled with escalating U.S.-Iran tensions threatening energy infrastructure, juxtaposed with the r...
- 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...
- Oil prices gain 2% as market focuses on Venezuela and supply worries in Russia, Iraq and IranOil prices climbed nearly 2% as investors weighed escalating U.S. sanctions on Venezuela, a drone attack on a Russia-bound tanker in the Bl...
- 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...
- Oil falls more than 4% as Iran's retaliation focuses on regional US military basesOil prices fell after Iran's attack on a US base in Qatar. However, oil flow through the Strait of Hormuz remained unaffected. Qatar closed...
- 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.
- Iraq crisis: Conflict not to affect oil supply, says Petroleum Minister Dharmendra PradhanPradhan reviewed availability of petroleum products in the country in light of the week-long conflict that has threatened to push Iraq into...
- Iraq rules out special pricing of crude for IndiaReliance Industries Chairman Mukesh Ambani, who was present at the lecture, said RIL is exploring investment opportunities in Iraq.
- Reliance shortlisted for Iraq oil projectIraq shortlisted Reliance Industries and six other firms for developing its Nasiriya oilfield.
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