A Scottish man who was reportedly held in an Iraqi prison over a bank debt has been released, according to the human rights organisation which has been campaigning for his release.
A retired British oil and gas geologist is to be released from an Iraqi prison after his conviction for attempted artefact smuggling was quashed, according to his family.
Watch out Iraq and Saudi Arabia, Russia is making huge inroads into the Indian oil market and has quite possibly become the largest supplier to the giant Asian buyer.
A British former oil and gas geologist has been sentenced by an Iraqi court to 15 years in prison after being convicted of attempting to smuggle artefacts out of the country.
Iraq may reactivate a deal with Halliburton to drill wells in a western gas field in Akkas next month, Oil Minister Ihsan Abdul Jabbar told local media.
The Court of Appeal has quashed another conviction related to alleged wrongdoing by Unaoil, setting Paul Bond free today in another rebuff to the Serious Fraud Office (SFO).
A key crude pipeline from Iraq to a Turkish port on the Mediterranean Sea was knocked out by an explosion on Tuesday, adding pressure to already tight oil markets and sending prices higher with oil extended gains in Asia from the highest close since 2014.
A rocket and gunfire attack targeted the premises of a Chinese oil services company servicing the Petronas-operated Al-Gharraf oilfield in southern Iraq. Chinaโs Zongman Petroleum and Natural Gas Group (ZPEC) escaped damage and there were no casualties, officials said.
Halliburton denied a claim by Iraqโs oil minister that itโs in talks to buy the stake of ExxonMobil in the huge West Qurna-1 oil field in the south of the country, amid ongoing uncertainty about the future ownership of the asset.
Halliburton and ExxonMobil are in talks over the latterโs attempt to sell a a stake in the West Qurna-1 oil field in southern Iraq, according to the countryโs energy minister.