The recent increase in the price of oil certainly isn’t happening because of any shortfall coming out of OPEC, at least not in February. Our monthly report on the production numbers, and our analysis, can be found here.
Posts Tagged ‘Iraq’
By Tamsin Carlisle | February 11, 2014 12:01 AM Comments (1)
Call me an Iraq skeptic, but when I learned last week of US plans to deploy mobile power generation technology to help Iraq eliminate large-scale natural gas flaring, my applause was distinctly one-handed.
My initial thought: “Just how is that going to work in a country with a barely functional electricity transmission grid?” Read the rest of this entry »
By Jamie McDuell | January 30, 2014 06:55 AM Comments (1)
In January, Iraq found itself once more beset by a wave of insurgency, as Sunni extremists took hold of large areas of Ramadi and all of Fallujah, the two main cities in Anbar province. Given its strategic importance to global oil supply, our Design and Production team have put together this map detailing the complex web of Iraq’s oil and gas infrastructure.
By Tamsin Carlisle | December 31, 2013 12:01 AM Comments (0)
While much of the world has been praying for peace and goodwill, the Middle East has witnessed more mayhem and murder.
During Christmas week, the south of the region witnessed further sabotage attacks on Yemen’s Marib oil pipeline. Also in Yemen, there was a deadly army shelling of a funeral tent that killed 10.
In Iraq, al-Qaida-linked militants claimed responsibility for an attack on a television station headquarters that killed five journalists, bringing to 12 the number of journalists killed in the country in the past three months; a roadside bomb struck the convoy of the country’s acting defense minister, wounding two guards, only days after five senior army officers and 10 other soldiers had been killed during an operation against militants in western Iraq’s restive Anbar province; in the Dora area of Baghdad, other attacks targets Christians celebrating Christmas; in the country’s major southern oil producing province of Basrah, the disgruntled governor threatened to shut in Iraq’s roughly 2.2 million b/d of crude exports via the Persian Gulf over a revenue-sharing dispute with Baghdad.
By Margaret McQuaile | December 5, 2013 03:09 PM Comments (0)
OPEC has often been criticized in the past for failing to cut crude output until the tide of oversupply is washing up at its shores. On Wednesday, the cartel ignored all the latest tidings of doom and gloom and rolled over for at least another six months the 30 million b/d output ceiling that has been in place since January last year. What else could it have done?
Undoubtedly, there is a long list of possible developments that could put heavy downward pressure on oil prices.
By Tamsin Carlisle | October 14, 2013 12:01 AM Comments (3)
By News Desk | September 23, 2013 12:01 AM Comments (0)
By News Desk | July 29, 2013 12:01 AM Comments (0)
By News Desk | June 17, 2013 12:01 AM Comments (2)
It’s always been a problem with natural gas that sometimes, it just can’t find a market due to a lack of transportation. Iraq is dealing with that situation. In the Oilgram News column Regulation & Environment, Tamsin Carlisle reviews the problem and steps being taken to combat it.
By John Roberts | June 5, 2013 12:01 AM Comments (7)
Question: When is a gas pipeline not a gas pipeline? Answer: when it’s carrying oil.
This is a Q & A of particular relevance to the Kurdistan Region of Iraq, where ongoing tensions with the Federal Government of Iraq and a rapidly changing hydrocarbons investment profile are prompting innovative approaches to getting stranded hydrocarbons to market.