Monday 20 April 2015
 
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oil deal

Speculation over Saudi-India oil deal as talks drag on

Saudi Aramco and India's Reliance Industries have not yet concluded a term contract to import diesel and gasoline, three industry sources said, fanning market speculation that the long-standing annual deal may not be renewed.

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Iraq, Kurdish officials make progress on oil deal

Baghdad and Kurdish regional authorities are making progress to rescue a deal over crude oil exports, Iraq's oil minister said on Sunday, after it nearly unravelled due to Kurdish threats to halt shipments in protest over lack of payment.

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Iraq, Kurds close to deal on oil exports, revenue

Iraq and northern Kurdistan appear to have found a formula that will allow the autonomous region to export oil to Turkey in a new pipeline, a step towards resolving a long-running dispute over land and oil rights. Turkish Energy M

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Iraq province empowers governor to sign oil deals

The local authority in an Iraqi province handed its governor power to sign deals with foreign oil firms independently of the central government, which rejected the move as unconstitutional. &n

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Iran woos Indian firms with sweeter oil deals

Iran has offered new, more alluring terms to reluctant Indian companies to win the investment it craves for its decaying energy sector suffering from tight Western sanctions.

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Shell eyes key oil deals in Kurdistan

Royal Dutch Shell is exploring possibilities in Iraqi Kurdistan, sources said, having seen rivals Exxon Mobil and Total risk Baghdad's wrath by moving into autonomous northern region while developing major oilfields in the south.

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Exxon chief backs Kurdish oil deal

The chief executive of US oil major ExxonMobil reaffirmed the company's commitment to its oil deal with Iraq's autonomous northern Kurdish region, a statement from the Kurdish presidency website said. Iraq's central government

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Iraq warns Total over Kurdistan deals

Total should not sign oil deals with the Kurdistan region without Iraq's approval, Deputy Prime Minister for Energy Hussain Al-Shahristani said on Sunday, warning the French major would bear the 'full consequences' if it did.

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Iraq vows to end Exxon-Kurd deal

Iraq's government said it would move to end a major contract with Exxon Mobil  after the US oil giant signed a deal with semi-autonomous Kurdistan to explore fields there, which Baghdad on Wednesday called a violation of the law. Exxo

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Russia, China 'may lose key Libya deals'

Italian oil company Eni led the charge back into Libya on Monday as rebels hailing the end of Muammar Gadaffi's rule warned Russian and Chinese firms that they may lose out on lucrative oil contracts for failing to support the rebellion.

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