2016-09-01 18:40:00
IRAQ & KURDISTAN DEAL
TOGY wrote, Iraq and the Kurdistan Regional Government (KRG) have reportedly reached a deal on crude exports from Kirkuk, a Kurdish official was quoted as saying on Wednesday.
Iraqi Prime Minister Haider Jawad Kadhim Al Abadi and his Kurdish counterpart, Nechirvan Barzani, have agreed to split the proposed export volume of 150,000 bopd from Kirkuk's Baba Gorgor and Khabbaz fields between them. On Tuesday, Kurdish news outlet Rudaw also claimed an agreement on Kirkuk oil had been reached.
Soon after newly installed Iraqi Oil Minister Jabar Ali Al Luaibi was installed earlier this month, the Ministry of Oil's North Oil Company (NOC) resumed transporting oil from its northern fields via a pipeline controlled by KRG. While the move was widely interpreted as a sign of good faith, Al Abadi later in August said the move was prompted by the need to preserve the Kirkuk field's reservoirs, as NOC had been re-injecting oil that would normally be exported.
In the run-up to the oil talks, Baghdad had been strong-arming the KRG by suggesting it could look into exporting Kirkuk crude via Iran, an idea previously floated by the KRG itself. On Tuesday, Iraq's Oil Marketing Company blacklisted three oil tankers known to have carried crude for KRG.
-----
Earlier:
 |
February, 18, 12:30:00 |
OIL PRICE: ABOVE $66 |
|
 |
February, 18, 12:25:00 |
OIL DEMAND GROWTH 1.4 MBD |
|
 |
February, 18, 12:20:00 |
BRENT OIL: UNDERVALUED |
|
 |
February, 18, 12:15:00 |
U.S. OIL PRODUCTION 11.9 MBD AGAIN |
|
 |
February, 18, 12:10:00 |
BENEFIT FOR RUSSIA |
|
 |
February, 18, 12:05:00 |
LATIN AMERICA ENERGY FORUM FEBRUARY 2019 |
|
Chronicle:
2019, February, 18, 12:00:00
БЫСТРАЯ СИЛА СИБИРИ
ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».
2019, February, 18, 11:55:00
U.S. TIGHT OIL PRODUCTION 7 MBD
U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
2019, February, 18, 11:50:00
U.S. SHALE NEED INVESTMENT
REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.
2019, February, 18, 11:45:00
U.S. INDUSTRIAL PRODUCTION DOWN 0.6%
U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.
