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2015-08-20 19:55:00

IRAQ REASSURES LUKOIL

IRAQ REASSURES LUKOIL

During a visit to the West Qurna II oilfield in Basra, Prime Minister Haider al-Abadi reiterated his government's commitment to ensuring the security of the southern oilfields and their workers.

He met with senior management of the Russian operator Lukoil, following protests by locals demanding jobs.

A Lukoil official told Reuters that operations were continuing as normal at West Qurna-2 with a steady output of 450,000 bpd, but said production might be disrupted if the situation was not resolved, while a senior official at the South Oil Company (SOC) said, "despite Lukoil's ongoing initiatives to hire more labourers from nearby areas, things have got out of control."

Al-Abadi promised, "we will use all our capabilities to stop them and [maintain] oil production."

iraq-businessnews.com

Tags: IRAQ, LUKOIL, OIL
IRAQ REASSURES LUKOIL October, 15, 12:30:00

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IRAQ REASSURES LUKOIL October, 15, 12:25:00

BAD BOYS: IMF & WBG

IRAQ REASSURES LUKOIL October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

IRAQ REASSURES LUKOIL October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

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IRAN SANCTIONS DOWN

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IRAN - S.KOREA OIL DOWN ANEW

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Chronicle:

IRAQ REASSURES LUKOIL
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

IRAQ REASSURES LUKOIL
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

IRAQ REASSURES LUKOIL
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

IRAQ REASSURES LUKOIL
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

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