Iraq to Auction Giant Nassiriya Oil Field
By John Lee. Rigzone reports that the Iraqi oil ministry is planning to auction the giant 'Nasiriya Integrated Project' -- which involves the development of a $4.4-billion oil field and the building of...
View ArticleMore Firms Pre-Approved for Nassiriya Bid
By John Lee. Iraq has selected five additional international oil companies to bid for the development of its $4.4-billion Nassiriya oil field and the construction of a new 300,000 bpd refinery, reports...
View ArticleBasra Heavy Trading at Discount
By John Lee. According to a report from Reuters, the new Basra Heavy crude oil grade has been trading at a widening discount. Malaysia's Petronas reportedly sold 2 million barrels for June loading to...
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