Iraq Business News: Oil & Gas

MARCH 7, 2025

The security situation in Iraq continues to improve, while an investment slow-down since 2014 has led to potential improvements on contract terms which should improve scope for development. The dramatic growth in North American fracked output between 2005 and 2014 is less of a concern for OPEC exporters.

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Oil Field Gas Barrel 45

Drillers

MARCH 24, 2020

The country’s first field began producing in 1958 at a rate of 5,100 BPD. billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. How did this happen? Exxon comes next: the U.S.

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Oil Royalty Exploration and Production Government 52

The Energy Law

JULY 21, 2016

According to one 2014 study, the total direct and indirect impact on the state is approximately $73.8 The value of the oil is the higher of: (1) The gross receipts received from the first purchaser, less charges for trucking, barging and pipeline fees, or (2) the posted field price. billion in taxes to the State, about 14.6%

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Oil Energy Energy Barrel 40

The Energy Law

JUNE 13, 2017

Settoon arose out of a February 2014 collision on the Mississippi River near Convent, Louisiana. As a result of the collision, approximately 750 barrels of light crude oil discharged into the river. The aftermath of a spill event is often a chaotic, high pressure environment—one in which prompt, informed response is imperative.

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Oil Crude Oil Petroleum Barrel 40

Oil & Gas 360º

MARCH 12, 2025

(World Oil) – Ecuador President Daniel Noboas plan to revitalize the nations biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Production from the nations top field has fallen 15% from a 2014 peak of 560,000 barrels a day.

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Oil Field Barrel Consulting 130