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Posts under ‘Iraq’

Iraq and Iran plot oil revolution in challenge to Saudi Arabia

Iraq’s goal of pumping 9m barrels a day of crude could be a game changer for oil prices and British companies: British oil giants BP and Royal Dutch Shell are also poised to benefit from Iraq’s ambitious production plans. Both companies are already managing two huge oil fields in southern Iraq which are vital if Baghdad […]

Shell-led consortium boosts production at Iraq’s prized Majnoon oil field

By Associated Press, Published: October 6 BAGHDAD — An Iraqi official says a consortium led by Royal Dutch Shell has boosted production at a prized oil field in the country’s south to 175,000 barrels a day, speaking at a ceremony formally inaugurating commercial production.The head of the state-run South Oil Company, Dhia Jaafar, said Sunday that […]

An Uphill Climb for the Oil Giants

The big international oil companies are going through a crisis little noticed by analysts and the markets. It is a crisis of results and of vision. Simply put, the majors — companies like Exxon Mobil, Royal Dutch Shell and BP — aren’t growing. They have discovered relatively little oil in recent years despite increasing investment. […]

Iraq blames Shell for $4.6 bln lost income: letter

Iraq’s oil ministry, struggling with sputtering output, has blamed Anglo-Dutch energy giant Shell over $4.6 billion in lost revenue due to production delays, in a letter seen by AFP on Monday. BAGHDAD (AFP) 26 Aug 2013 Iraq’s oil ministry, struggling with sputtering output, has blamed Anglo-Dutch energy giant Shell over $4.6 billion in lost revenue […]

The hunt for WMDs in the oil price process

Monday, July 08, 2013: The EC raid on the offices of BP, Shell and Statoil on May 14th seeking evidence of oil price manipulation has created a level of consternation not seen since the hunt for weapons of mass destruction (WMDs) in Iraq. If the WMDs had been there they would probably have been found. […]

Iraq’s 2013 oil target within reach, 2014 to disappoint

Fri Jun 21, 2013 10:39am EDT * Production flatlines at 3 mln bpd in first half * Target of 3.4 mln by end year “doable” * New oilfields due on stream include Shell’s Majnoon * 2014 goal of 4.5 mln bpd seen as unachievable By Peg Mackey and Alex Lawler LONDON, June 21 (Reuters) – […]

First Production from Iraq’s Majnoon Field

  By Sarah Ken: June 18, 2013 LONDON–First production from Iraq’s Majnoon field is expected in July, Thamir Ghadbhan, top energy advisor to Iraqi Prime Minister Nouri al-Maliki said Tuesday. The giant Majnoon oil field is being developed by a consortium led by Royal Dutch Shell PLC … FULL ARTICLE

Shell to Start Iraq Oil Output Amid Plans for Saudi Investments

By Maher Chmaytelli and Nayla Razzouk: May 16, 2013 Royal Dutch Shell Plc (RDSA) will start producing crude at Iraq’s Majnoon oil field as early as next month and plans to increase energy investments in Saudi Arabia, its regional vice president said. Output from Majnoon, one of Iraq’s largest oil fields, will start “around mid-year” […]

News on Irish oil and gas exploration 5 May 2013

News on Irish oil and gas exploration kindly supplied by a regular contributor ExxonMobil kicks off Irish drilling campaign: Financial Times-But the US oil major and its partners will be hoping to successfully replicate the …. But the field, acquired by Shell, has attracted a wave of local … US explorer Kosmos may spend $200m on Irish wells: Irish Independent-Apr 18, 2013 […]

Shell Starts World’s Largest Gas-Capturing Plant in Iraq

By Kadhim Ajrash & Nayla Razzouk – May 1, 2013 1:32 PM GMT+0100 Royal Dutch Shell Plc. (RDSA) and Mitsubishi Corp. (8058) started operations at a $17-billion joint venture to capture gas from some of Iraq’s largest oil fields. The Basrah Gas Co. project, the biggest of its kind, captures so-called associated gas flared from […]

Iraq, Royal Dutch Shell kick off major gas project in oil-rich south

By Associated Press, Updated: Wednesday, May 1, 1:16 PM BAGHDAD — Royal Dutch Shell says it has officially kicked off a multibillion-dollar project to tap natural gas in Iraq’s south.The $17 billion joint venture will gather, process and market associated gas, a by-product of producing oil, from three oil fields in the petroleum-rich province of […]

Shell, Mitsubishi Will Start Iraq Plant on April 15

By Khalid Al-Ansary and Nayla Razzouk on April 11, 2013 Royal Dutch Shell Plc (RDSA) and Mitsubishi Corp. (8058) will start capturing gas from Iraq’s oil fields next week in a $17 billion project known as Basra Gas Co. “Basra Gas Co. will start operations officially on April 15,” said Ali Hussain Khudayir, director general […]

Selection of links to Shell related articles 1 April 2013

Selection of links to Shell related articles kindly supplied by a regular contributor Niger Delta fishermen want N4.32b from Shell: P.M. News-We are appealing to Federal Government, Shell Company and NOSDRA to look into the hardship caused by the oil spill on our members in the … Kiobel case: Corporate accountability for human rights abuses: […]

Shell to invest $1 bln at big Iraq oilfield: official

Arif Mohammed, Reuters: Saturday, 16 March 2013 Royal Dutch Shell will spend more than $1 billion this year developing one of Iraq major oilfields, where it will resume operations on May 1, officials said on Saturday. “The figure for the budget will exceed one billion dollars,” said Mehdi Badi, the head of the joint management […]