The political uprisings in the oil-rich region of the Middle East and North Africa are pushing oil prices to a dangerous level that threatens to force many still recovering economies into another recession. Wayne Atwell, Managing Director of Casimir Capital, spoke with Oil Investing News, a part of The Resource Investing News Network, about the possible implications for the resource markets.
Saturday, August 1, 2009
Iraq has agreed to sell more oil in the second half of this year than it was able to deliver in the first, leaving some customers concerned about expensive delays in their supplies. For full story, click here
Continue reading "Iraqi Crude Oil Buyers May Face Delays"
Saturday, July 11, 2009
Iraq, holder of the world’s third- leading crude oil reserves, needs more than $50 billion of investments in the country’s petroleum industry in the next five to six years, Oil Minister Hussain al-Shahristani said. For full story, click here
Continue reading "Iraq needed $50 bln of investments in Oil Industry"
Tuesday, June 2, 2009
Iraq’s largely autonomous Kurdish region on Monday officially commenced oil exports from two fields it had developed with foreign oil firms through contracts the Baghdad government describes as illegal. For full story, click here
Continue reading "Iraq’s Kurdistan commenced exporting crude"
Tuesday, May 12, 2009
Iraq’s Oil Minister Hussein al-Shahrastani declared that Kurd’s oil deals with foreign oil firms still considered illegal despite approving Kurdish plans to export crude oil through national pipelines. For full story, click here
Continue reading "Iraq declared Kurd’s Oil deals still illegal"
Monday, May 11, 2009
Norwegian oil producer DNO International declared that it has received formal approval from Iraq’s regional government in Kurdistan to start exporting crude oil from its field in northern Iraq. For full story, click here
Continue reading "DNO International has got approval for Iraq Oil Exports"
Monday, April 13, 2009
Korea may lose a chance to secure rights to explore oil fields in the southern region of Iraq as the government of the war-torn country excluded Korea from the list of bidders for its development projects. For full story, click here
Continue reading "Oil deal with Iraq still remains uncertain"
Tuesday, April 7, 2009
Iraq’s South Oil Company announced that it has issued a tender for a 75,000-barrel-per-day crude oil process plant in the super giant South Rumaila oil field. For full story, click here
Continue reading "Iraq reported issue of tender for crude process plant"
Monday, April 6, 2009
Oil prices vaulted 9 per cent in NY Thursday, in tandem with a powerful stocks rally, as investors cheered G20 agreements to combat the global downturn and an easing of US accounting rules. On Friday, oil prices settled above $52 a barrel, slightly lower on the day after a report that US unemployment in March soared to a 25-year high. But optimism that the economy will soon turn around curtailed losses.
Continue reading "Oil Price Peaks And Slides"
Tuesday, March 10, 2009
DNO International is expecting Iraq’s government and the Kurdish regional leadership to agree upon a deal that would allow DNO to export crude oil from its Kurdish fields in the coming months. Chief Executive Helge Eide said: It would be very difficult to see it dragging on beyond the second quarter. For full story, click [...]
Continue reading "DNO International expects Iraq oil export deal in Q2"
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Thursday, March 3, 2011