Iraq’s government is still studying a proposed amendment to the federal budget that would enable Baghdad to pay international oil companies working in Kurdistan, according to Oil Minister Hayyan Abdul Ghani.
Raptors return on investment is the real dealMLS Cup the winning goal in record-breaking season for soccer in North AmericaNorth America’s oldest sport catches momentum in new professional localesCanadian Football League fanatics fuel financialsCanada’s Davis Cup team finding love
The change would allow producers in the semi-autonomous region to resume output — and eventually exports via the Turkish port of Ceyhan. Turkey shut the pipeline bringing crude from Kurdistan last March, and that’s resulted in billions of dollars of lost revenue for the governments and companies involved.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil price news: Oil rises on Russian refinery outages, Iraq export reductionTightening oil supplies pushed West Texas Intermediate above US$83 a barrel, extending a rally that has propelled prices to the highest since October.
Read more »
Iraq to Amend Budget in Bid to Restart Crude Exports Via TurkeyIraq may amend its federal budget to pay recovery and transit fees to international oil companies in a bid to restart a crucial oil pipeline after a year, according its foreign minister.
Read more »
Iraq Says Will Cut Oil Exports to Compensate for Output BreachIraq said it will reduce oil exports in the coming months to compensate for producing above its OPEC+ limits earlier this year.
Read more »
Oil price news: Oil posts least volatile week since 2021 with prices rangeboundOil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years.
Read more »
Oil price news: crude oil rally loses steam as technicals signal pullbackWest Texas Intermediate fell about 2 per cent to settle near US$81, cooling a rally that had carried crude to the highest closing price since late October.
Read more »
Oil price news: Oil rally loses steam as traders await interest rate decisionOil cooled after a strong run of gains that carried crude into overbought territory, with traders turning their attention to an interest-rate decision by the U.S. Federal Reserve.
Read more »