Iraq

Frontier hedge fund investors eye Iraq

A slate of telecoms IPOs and efforts to modernise banking regulations have some frontier market hedge funds enthused about prospects for Iraqi equities as institutional investors sit on the sidelines

Interview: Crescent Petroleum's Majid Jafar

Iraq is being hailed as a major new source of oil supply in the coming years but Crescent Petroleum Group’s Majid Jafar tells Lianna Brinded how the Iraqi government’s heavy involvement in energy companies is holding back progression

Iraq seals oil deal with Kurdistan

The Iraqi government has resolved the longstanding oil dispute with Kurdistan, signalling a short-term increase in oil exports, while the prospect for a petroleum law, which would detail revenue and expense allocations for foreign energy companies in…

Iraq’s oil output targets 'impossible'

The Iraqi government’s stated intention to increase oil capacity from 2.5 to 10-12 million barrels per day (b/d) over the next decade is impossible and actual production will fall far short of official stated targets, a panel of market experts has…

Energy Risk: What's coming next?

Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at the continuing impact of the financial crisis on utilities.

Iraq: the new hope for oil supply security?

As international oil companies wade into Iraq, forecasts for Iraqi production now stand as high as 10 million b/d within the decade. However political uncertainty and poor infrastructure leads analysts to caution against relying on Iraq as the next hope…

BAML: Iraq poses risk to oil outlook

Iraq poses a risk to oil market outlook as the country may not fulfil output expectations in the shorter term, says Bank of America Merrill Lynch (BAML). However, the prospect of a huge increase in oil production may still maybe able to keep prices under…

Iraq's capacity puts pressure on oil prices

The recovery of Iraq’s oil industry is putting downward pressure on global oil prices as the ability of the world market to absorb the extra capacity might be limited, say oil experts.

Iraq adopts new pricing for US crude

Somo, the Iraqi state-owned oil marketing firm, has followed in the footsteps of Saudi Arabia and Kuwait by adopting the Argus Sour Crude Index (ASCI) to benchmark price sales of US-bound crude from April onwards.

Lukoil-led consortium seals Iraq deal

A consortium led by Russian private oil company Lukoil is the latest in a line of energy giants sealing deals in Iraq, in a move set to develop one of the country’s largest oil fields.

BP CEO: Oil industry faces supply challenge

The oil industry will continue to face supply challenges in the long term, following China’s burgeoning demand for imports, said BP’s chief executive at the World Economic Forum in Davos, Switzerland.

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