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‘Destroy caves & shelters’: Turkey launches 2nd wave of military op against Kurdish PKK in Iraq

3 days ago DieselGasoil Comments Off on ‘Destroy caves & shelters’: Turkey launches 2nd wave of military op against Kurdish PKK in Iraq
Ankara has launched military operation ‘Claw-2’, seeking to destroy PKK hideouts in northern Iraq. The move is part of Turkey’s bigger fight against Kurdish militants, which has taken a toll on its relations with Baghdad. The Turkish army began moving into northern Iraq at 10pm local time on Friday, after conducting airstrikes and shelling the Read More

Iran strikes ‘terrorists’ at Iraqi Kurdistan border after attack that killed 3 IRGC troops

4 days ago DieselGasoil Comments Off on Iran strikes ‘terrorists’ at Iraqi Kurdistan border after attack that killed 3 IRGC troops
Iran’s Revolutionary Guards hit ‘terrorist strongholds’ along Iraqi borders, it said in a statement. The IRGC, Tehran’s elite troops, attacked targets near the borders of the Iranian provinces of Kurdistan and West Azerbaijan. The Islamic Revolutionary Guard Corps’ statement regarding the attack was carried by several Iranian news outlets, with some reports in English and Read More

Oil companies earmark investment for Iraq’s liberated areas

4 days ago DieselGasoil Comments Off on Oil companies earmark investment for Iraq’s liberated areas
London — Oil companies have earmarked a significant amount of capital to invest in areas of Iraq that have recently been liberated from the control of Islamic State militants. The reconstruction of such areas will prove vital for rebuilding the Iraqi economy, but Iraq’s worsening security issues could mean slow progress. Not registered? Receive daily Read More

Sonangol working with Iraq oil ministry on Mosul complex refinery

2 weeks ago DieselGasoil Comments Off on Sonangol working with Iraq oil ministry on Mosul complex refinery
London — Angola’s state-owned oil company, Sonangol, is working “seriously” with Iraq’s ministry of oil to build a complex refinery in Mosul, an area which has recently been liberated from Islamic State militants, a company official said Saturday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We have expressed Read More

Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway

4 weeks ago DieselGasoil Comments Off on Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway
Highlights Most Iraqi crude exported through Basrah SOMO lacks viable alternative export routes Iraq needs stable security to court investors Iraq’s only sea coastline is just 36 miles long — a sliver of access at the northern tip of the Persian Gulf critical to the world’s fourth-largest crude producer, which exports some three-quarters of its Read More

‘A cemetery for the living’: Mosul, 5 years after Islamic State conquest

1 month ago DieselGasoil Comments Off on ‘A cemetery for the living’: Mosul, 5 years after Islamic State conquest
Mosul had fallen to Islamic State five years ago. The US-led coalition liberated the Iraqi city in 2017, but left it largely in ruins. With the ISIS caliphate gone, are the local residents recovering, and how? IS takes Mosul After taking control of Fallujah and Ramadi in early June 2014, IS (also known as ISIS) Read More

Wildlife charity boss sparks fury after smashing birthday cake in pet lion’s face

1 month ago DieselGasoil Comments Off on Wildlife charity boss sparks fury after smashing birthday cake in pet lion’s face
The head of a wildlife NGO has ruffled the feathers of animal lovers worldwide after a shocking video surfaced of him throwing cake in the face of a rescued lion during a party held to celebrate the big cat’s birthday. Blend Brifkani, CEO of the Kurdish American Cooperation Organization, had posted the video to his Read More

Marathon Oil exits Iraq upon completion of Kurdistan divestiture

2 months ago DieselGasoil Comments Off on Marathon Oil exits Iraq upon completion of Kurdistan divestiture
5/31/2019 HOUSTON — Marathon Oil Corporation has announced that it has closed on the sale of its 15% participating interest in the Atrush Block in Kurdistan, where first-quarter 2019 production averaged 2,400 net boed (100% oil). As previously disclosed, this divestiture represents a complete country exit for Marathon Oil. Including this transaction and the recently Read More

DNO ASA: FAPE01 bond buyback

2 months ago DieselGasoil Comments Off on DNO ASA: FAPE01 bond buyback
Oslo, 29 May 2019 – DNO ASA, the Norwegian oil and gas operator, today purchased USD 5.0 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, now a wholly-owned subsidiary of the Company and renamed DNO North Sea plc. The bonds were purchased at a price of 107.25. Following Read More