Iraqi Oil Minister Hayan Abdel-Ghani said that Iraq is waiting on a final answer from Turkey to resume its northern oil exports through the Mediterranean port of Ceyhan. This statement comes as oil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region continues to Full article available for subscribers of Energy NEWS service (PDF publications, […]
UK-based Ascent Resources has agreed to settle part of its revenue recognition claim against Slovenian company Geoenergo. The statement from the company said that Geoenergo has agreed to pay in full 1.7 million euros claim for its non-payment of agreed hydrocarbon revenues owed to Ascent from Jan Full article available for subscribers of Energy NEWS […]
Serbian oil company NIS confirmed that the crude oil produced at the Obudovac well in the Republic of Srpska (RS) will be exported to Serbia. NIS has the concession rights for hydrocarbon exploration and exploitation through its subsidiary Jadran-Naftagas. Last week, RS Government approved the co Full article available for subscribers of Energy NEWS service […]