Shell's Majnoon deal highlights Iraq oil target verdict
May 18, 2012

Shell is pressing ahead with talks over final development of Iraq's Majnoon oilfield, a senior executive told Reuters, and a lower, more realistic o..

Halliburton Gets $95 Million Gazprom Neft Contract In Iraq
May 18, 2012

U.S.-based energy services giant Halliburton Co has won a $95 million contract from Russian state oil producer OAO Gazprom Neft to test and complete..

Genel Energy Eyes Up Bina Bawi Oil Field Stake
May 18, 2012

Genel Energy is expanding its operations in the Kurdistan Region and is trying to buy a 23-percent stake in the Bina Bawi concession by acquiring AT..

New Round of Oil Talks with Iraq Soon
May 18, 2012

Iran and Iraq are set to hold a new round of talks focusing on the development of a joint oilfield as well as the establishment of a joint oil compa..

Afren Confirms Major Oil Discovery in Kurdistan Region
May 18, 2012

British oil and gas company Afren has released details of a transformational oil discovery in the Kurdistan Region, which has helped the company's s..

Gazprom Set to Pump Oil from Badrah Field Early Next Year
May 17, 2012

Russia's Gazprom Neft is expecting to export the first barrel of oil to the global market from the East Badrah oil field, Wasit province, early next..