Britain’s largest oil field could be producing thousands of barrels a day by the autumn if Ed Miliband approves the North Sea ...
The Texas oil major signed agreements that lay the groundwork for it to explore the giant Majnoon oil field, ending the company's near two-year hiatus in Iraq. Image by Alexey Zakirov via iStock Exxon ...
Israel killed another top Iranian official -- the intelligence minister -- in its campaign against the Islamic Republic’s ...
Brent crude oil futures jumped Tuesday to their best settlement since January 2025, after Iraq cut its oil production by nearly 1.5M bbl/day - which could widen to more than 3M bbl/day in the coming ...
OilPrice.com on MSN
Oil prices leap higher as Iraq shuts down production at giant oil fields
Iraq has begun curtailing oil production at key southern fields, including Rumaila, while West Qurna 2 is also shutting in roughly 460,000 barrels per day, according to Iraqi oil officials.
Iraq’s largest non-associated gas field, Khor Mor, has increased capacity by 50% to 750 MMscf/d after Crescent Petroleum and Dana Gas completed the $1.1B KM250 project eight months early. Located in ...
Kazakhstan’s largest oil producer is preparing to resume output at the giant Tengiz field, a further step to normalize the nation’s supply to global markets after a series of disruptions in recent ...
US oil giant ExxonMobil has returned to Iraq after a two-year absence, reaching an initial agreement on Wednesday that could pave the way for developing a giant oil field.
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