Iran ratifies IPC terms

The IPC Regulation still needs to be approved by Iran's parliament, but the risk of a reversal at this stage is unlikely.

DNO to make $300m Gulf Keystone Petroleum bid

The terms of the DNO proposal, which would comprise cash and shares, reflects a 20 per cent premium to the share price of...

Kurdish oil production averaged 451,000 bpd in July

Total production for the month of July was in excess of 14 million barrels of oil, according to the KRG's Ministry of Oil and...

Iran doubles crude and condensate exports to Japan

Iran exported 308,000 barrels of crude oil and gas condensate to Japan per day in the first half of 2016, a 195.8 per cent...

Saudi refiner Petro Rabigh names new chief exec

Nasser al-Mahasher was previously chief executive of South Korean refining giant, S-Oil Corporation, with whom Saudi Arabia has a...