Posts Tagged ‘iraqi oil’

Experts: Oil recovery “temporary” and prices expected to drop

Experts: Oil recovery “temporary” and prices expected to drop

Posted 10/02/2015 11:45 AM

Although oil recovery breath over the past three days, as prices continue to rise to $ 60 to touch the affected expectations OPEC to increase demand for its oil, but experts in the oil Affairs confirmed that this mutation temporary and that prices likely to decline due to continued oversupply.

They pointed out that the news about the decline in the number of US oil rigs, will be a catalyst for long-term price hikes. And about what their expectation to report Citibank and that prices may come down until the range of $ 20 Read more…

Expectations to fill the budget deficit from rising oil prices

Expectations to fill the budget deficit from rising oil prices

9/2/2015 0:00

Kurdistan confirms its commitment to the agreement of the oil
BAGHDAD – Tariq al-Araji,
saw the economic and investment commission in Parliament that high oil prices will fill the budget, which amounted to a deficit (25) trillion dinars, while the head of the advisers in the Office Engineer Thamer Ghadhban Prime Minister revealed confirm the Kurdistan region of commitment agreement with the Government Federal Read more…

Special / new draft oil and gas law entitles “Sumo” manage the export of oil exclusively (HCL)

Special / new draft oil and gas law entitles “Sumo” manage the export of oil exclusively (HCL)

Baghdad-Iraq Press -8 February 2015

Revealed the oil and energy parliamentary about the absence of any draft law of oil and gas in the House of Representatives, after prepared to Aovernmhmund in 2011, noting that “blackish-current law in the corridors of government includes a clause restricts the export of Iraqi oil management Sumo company under the Ministry of Oil

He Edwalganh MP Tariq’s friend / Iraq Press /, that there is “a new project for the oil and gas law with Read more…

Parliamentary Energy Council of Ministers has yet to agree on oil and gas law

Parliamentary Energy Council of Ministers has yet to agree on oil and gas law and will be discussed after the National Guard

03/02/2015 15:46

Tomorrow Press / BAGHDAD: A member of the Oil and Energy Committee in the House of Representatives Zaher al-Abadi, on Tuesday, the Cabinet has not yet been agreed on after the oil and gas law, because there are some differences on some points of law, noting that the Council of Ministers will discuss it after the completion of the National Guard Law .
Ebadi said for “tomorrow Press”, “The two versions of the law of oil and gas, the 2007 version and 2011 modified but Read more…

Kurdistan: Oil and gas law needs political consensus for adoption (HCL)

Kurdistan: Oil and gas law needs political consensus for adoption (HCL)

Tuesday, February 3, 2015 17:07

BAGHDAD / Baghdadi News / .. Kurdistan Alliance said on Tuesday that oil and gas law needs political consensus between the blocks for adoption.
He said the Kurdistan Alliance MP Khosrow Curran in an interview / Baghdadi News /, that “mass is looking to approve oil and gas law because of its importance,” noting that “the Kurdistan Alliance was trying years since the adoption of this law.”
Curran added that “there are some important laws that must be approved, Read more…

Abdul-Mahdi: three oil wells in the Kirkuk oilfields what fires are still raging

Abdul-Mahdi: three oil wells in the Kirkuk oilfields what fires are still raging

02/02/2015 11:42 GMT

Follow-up – and babysit – Oil Minister Adel Abdul-Mahdi, the three oil wells in the Kirkuk oilfields what fires are still raging in, praising the role of the administration of Kirkuk and the Peshmerga forces to impose full control over oil and gas wells.
Abdul-Mahdi said in a press statement on Monday on the sidelines of his visit to the oil field in the baking Mullah Abdullah that the region “three oil wells that fire Read more…

High price of oil to $ 55 shy of its price in the budget for Iraq in 2015

High price of oil to $ 55 shy of its price in the budget for Iraq in 2015

02/02/2015 15:13 GMT

Follow-up – and babysit – Oil prices rebounded frequently hitting Brent crude to average $ 55.
And these prices are likely to rise, economists say, it came close to the price of oil, which was prepared by the financial budget for Iraq for 2015 of $ 56.

Parliament passed last Thursday’s budget of $ 119 trillion dinars Read more…

Sadoun: economic laws will go to Parliament and must start from the legislation oil and gas law (HCL)

Sadoun: economic laws will go to Parliament and must start from the legislation oil and gas law (HCL)

Sunday, February 1, 2015 08:00

[Baghdad-where]

He said in the parliamentary legal committee member, said there are a number of economic laws will go in the Council of Representatives of legislation in the next stage, stressing “the need to begin legislation oil and gas law.”

He said committee member Mohsen al-Sadoun told all of Iraq [where] “There is a body of laws we need it in the next phase Read more…

“S & P”: $ 55 for a barrel of oil in 2015

“S & P”: $ 55 for a barrel of oil in 2015

01/02/2015 08:49 GMT

Agencies – the agency “Standard & Poor’s” are expected to reach the price of a barrel of oil to $ 55 in 2015.
She said in a report on Saturday that oil prices will recover slightly to $ 75 a barrel between 2016-2018.

At the end of trading on Friday, crude oil prices rose more than 8% to more than $ 53 a barrel after data showed that US exploration companies shrinking research activities for oil shale.

The agency “Moody’s” may be expected to reach the price of Brent crude in the spot transactions $ 55 a barrel through 2015, and Read more…

Ibrahim al-Baghdadi: the completion of the ratification of the budget of the government and parliament

Ibrahim al-Baghdadi: the completion of the ratification of the budget of the government and parliament

01/02/2015 11:46 GMT

Follow-up – and babysit – confirmed National Business Council member Ibrahim al-Baghdadi, said the completion of the ratification of the budget is calculated for the government and the parliament, noting that in spite of the existing budget deficit, the approval is much better than the deferred option.
He said al-Baghdadi, in a statement received news agency public opinion (and babysit) a copy of it, on Sunday, said that “the ratification of the budget is an achievement Read more…

Parliamentary Oil confirms that the oil agreement between Baghdad and Erbil entered into force

Parliamentary Oil confirms that the oil agreement between Baghdad and Erbil entered into force

01/02/2015 13:59 GMT

Follow-up – and babysit – The Commission on oil and energy parliamentary that the oil agreement between Baghdad and Erbil has entered into force, predicting that the federal government develop a strategy to invest in natural gas in the country plan.
The MP said Ares Abdullah, Chairman of the Committee that “the oil agreement between the federal and Kurdistan governments have entered into force, but there is Read more…

After approval of the budget in 2015 .. claims to expedite the enactment of the oil and gas law (HCL)

After approval of the budget in 2015 .. claims to expedite the enactment of the oil and gas law (HCL)

31/01/2015

BAGHDAD / JD / .. After enabling the House of Representatives of the approval of the draft federal budget for 2015 Act a total of $ 119 trillion dinars, a number of experts and specialists in economic affairs called for supporting the Iraqi economy laws, including oil and gas law, legislation, because of its great importance in regulation of the oil industry process in Iraq, as well as it will stimulate international companies to invest in gas, which will make the country’s large Read more…

Deputy: Kurdistan has not issued a single barrel of oil and all exports were from Kirkuk

Deputy: Kurdistan has not issued a single barrel of oil and all exports were from Kirkuk

Thursday January 29, 2015 11:39

Alsumaria News / Baghdad
MP for the coalition of state law, Abdul Ilah Naieli, on Thursday, that all oil exports to the region of Kurdistan during the current month was from the province of Kirkuk , pointing out that the region has not issued barrels and one of its oil. He Naieli in an interview for “Alsumaria News” , “There is a document issued by the Ministry of Natural Resources in the Kurdistan Regional Government reveal that the province has not issued a single barrels Read more…

Qadu: our dispute with Baghdad, lies in the fifth item of the budget on the export of oil region

Qadu: our dispute with Baghdad, lies in the fifth item of the budget on the export of oil region

29-01-2015 12:35 PM

Kurdistan Alliance MP, nostalgia Qaddo, said on Thursday, in his answer to a question about the nature of the dispute between the governments of the province and Baghdad, and the reasons for the Kurdistan Alliance refused to vote on the federal budget, that ‘the Kurds object to the fifth item on the export of oil from fields in the region. ” He continued Qaddo he ‘It is supposed to Read more…

Iraq will become the first of the five countries in the oil and gas

Iraq will become the first of the five countries in the oil and gas

27/01/2015 18:45

BAGHDAD / Obelisk: Oil Minister Adel Abdul Mahdi, on Tuesday, that his ministry was working on the development of energy sources and seeking to attract investment according to a comprehensive development plan, while noting that Iraq will increase oil and gas reserves to be among the first five countries in the fields.

Said Abdul-Mahdi said in a statement, “obelisk” I got a copy of it, that “Iraq has a great wealth of oil and gas was one of the first Arab oil-producing countries in Read more…

Finance Committee: Balance retained until 2012 amounted to $ 95 billion

Finance Committee: Balance retained until 2012 amounted to $ 95 billion

27/01/2015

BAGHDAD / JD / .. Parliamentary Finance Committee confirmed that the assets retained until 2012 amounted to $ 95 billion, as revealed its claim to the Ministry of Finance Final data for 2013 and 2014, which will hopefully be sent in next February.
The committee member said Masood Haider told / BD /: that cash balances retained since 2005 to 2012 of approximately $ 95 billion.
He said Haider: The Finance Committee asked the Ministry of Finance to Read more…

Parliamentary Finance for “news”: the rule of law hinders the budget to provoke a conflict with al-Abadi

Parliamentary Finance for “news”: the rule of law hinders the budget to provoke a conflict with al-Abadi

27-01-2015 06:13 PM

BAGHDAD / news / Samer Mohammed
parliamentary finance committee confirmed Tuesday that ‘the Kurds of Representatives would withdraw from the ratification of the budget session, in the case where a proposed coalition’s exports of the province of state law included, while showed that the proposal is contrary to the document, the political Read more…

Parliamentary Energy reveal an alternative draft oil and gas law of former Law

Parliamentary Energy reveal an alternative draft oil and gas law of former Law

01/26/2015

Information / Baghdad / ..
revealed the oil and energy parliamentary, on Monday, the start of the Council of Ministers to draft a bill that ensures the oil agreement last between the Governments of the region and the center instead of the draft previous oil and gas law.
The committee member said Tariq Rashid told / information / , “The oil and gas law was Read more…

Calculation of barrels of oil at $ 55 in the budget to reduce the deficit

Calculation of barrels of oil at $ 55 in the budget to reduce the deficit

01/26/2015 12:50 GMT

Follow-up – and babysit – announced an MP for the Iraqi National Alliance Zainab Basri, on Monday, he will be charged the price of a barrel of oil to $ 55 in the general budget in order to reduce the deficit.
Basri said in a statement received by the news agency, public opinion, a copy of it today, that he “will be next Thursday to vote on the budget bill,” noting that Read more…

Egypt agrees with Iraq to bring down the debt-for-oil

Egypt agrees with Iraq to bring down the debt-for-oil

01/25/2015

BAGHDAD / JD / .. is responsible for reaching the Egyptian and Iraqi government to the proposal on the Iraqi debt forgiveness in exchange for a share of Iraq’s oil detection.
The news website American (the Monitor), seen by / BD /: that was reached during the visit of Iraqi Prime Minister Haider al-Abadi to Cairo this month, a number of political, military and economic agreements that Read more…