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Iraq looks to boost oil production and export capacity 

Iraq has begun soliciting bids for a new $4 billion project to boost production at its southern oil fields. The intention is that seawater will be injected into the fields to accelerate the removal of the remaining crude. According to the director-general of the state-run Basra Oil Co., Abdul Jabbar, five companies have already shown interest in Continue reading Iraq looks to boost oil production and export capacity 

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Saudi Arabia hopes production curbs to relax in 2019

Khalid al-Falih, the oil minister for Saudi Arabia, has commented that he hopes to see OPEC production curbs relaxed in 2019 after the current deal expires, although he stressed the need for a more permanent framework in future to preserve stability in the oil markets. Continue reading Saudi Arabia hopes production curbs to relax in 2019