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Libya will not reveal the details of its oil sales this year, National Oil Corporation (NOC) officials said this week, stepping back from pledges to deliver greater transparency after the corruption of the pre-revolutionary regime Oil producers
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Iraq on Tuesday barred US energy giant Chevron from working in non-Kurdish parts of the country after it bought two exploration blocks in the autonomous Kurdish region against Baghdad's wishes. The announcement comes after Chevron announced the
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U.S. oil giant Chevron Corp. says it has signed a deal to acquire two oil drilling blocks in Iraq's northern Kurdish region, where authorities have been at loggerheads with the central government in Baghdad over how to distribute the region's oil
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Chevron Corp. has signed a preliminary deal with Indian conglomerate Reliance Industries Ltd. that would see the U.S. company take stakes in two oil exploration blocks in the Kurdish region of Iraq, two people familiar with the matter ... Chevron
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Iraq's government has warned Turkey that its separate oil deal with the northern self-ruled Kurdish region could damage bilateral relations. This month, Iraq's Kurds announced that they have started exporting crude oil to Turkey.
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Iraq has awarded Russian oil giant Bashneft rights to explore for oil in the south of the country after nearly one month of negotiations, a senior Baghdad official said on Sunday, bringing the total number of Russian companies with oil deals in Iraq
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Plans for Iraq's semiautonomous Kurdish enclave to build an oil pipeline to Turkey points to a major political and economic realignment in the Middle East that will impact heavily on Iraq. The country stands to lose a region believed to contain 45
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Iraq's oil ministry said Thursday that the U.S. oil giant Exxon Mobil Corp. May energy auction because of its oil deals with the northern self-ruled Kurdish region in Iraq. The Texas-based Exxon signed six deals with the Kurds
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A deputy prime minister overseeing the oil industry has issued a sharp rebuke to the largest American oil company operating in Iraq , ExxonMobil, over the company's reported efforts to expand its oil holdings into the semiautonomous Kurdish region in
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Johannes Eisele/EPA Britain's richest man is being sued for allegedly reneging on a multi-million dollar agreement to pay fees to a former friend for helping to secure an oil deal with a former Nigerian president. Lakshmi Mittal , the steel tycoon
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