Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
Baghdad wants complete control over Iraqi oil, Kurdish prime minister says
by Daniel J. Graeber
Erbil, Iraq (UPI) Jun 5, 2013


German company RWE Dea marks 30 years of operations in Egypt
Cairo (UPI) Jun 5, 2013 - German energy company RWE Dea said Thursday it's produced more than 640 million barrels of crude oil during its 30 years of operations in Egypt.

The German oil and gas company marked Thursday as the 30th anniversary of work in the Gulf of Suez. It's been working through the Suez Oil Co., a joint venture established with the Egyptian General Petroleum Corp.

The company said production from the Ras Fanar, Zeit Bay and Ras Budran fields in Egypt have yielded 640 million barrels of oil since operations began in 1984.

"For 30 years now, we have consistently leveraged new ideas to develop intelligent solutions, using the latest technology, and investing in our infrastructure," Maximilian Fellner, general manager of RWE Dea Egypt, said in a statement. "That's how we have been able to maintain a high level of oil production from these three fields over an extended period of time while ensuring profitability."

British energy company BG Group in May expressed concern about its future operations in Egypt, citing continued diversions of natural gas to the domestic market. No cargoes of liquefied natural gas left Egypt during the first quarter of 2014 for BG Group and the company said its production was down 35 percent from fourth quarter 2013

The German energy company holds shares in 10 oil and gas areas in Egypt covering more than 1,300 square miles.

The Iraqi central government in Baghdad aims to control the issue of oil "completely," the prime minister of the semiautonomous Kurdish government said.

The United Leadership, a crude oil tanker, is parked off the coast of Morocco with more than 1 million barrels of Kurdish oil taken last month from a Turkish sea port.

The Kurdish and central governments are at odds over who controls what in terms of oil. Baghdad said the export is a violation of the national constitution, though the Kurdistan Regional Government contests the allegation.

KRG Prime Minister Nechirvan Barzani told Kurdish lawmakers who controls Iraq's oil is the "big question" in the country.

"[Our] counterparts in Baghdad did not identify 'right' or 'wrong' KRG actions," he said in remarks published Thursday. "They just wanted to control the issue completely."

The central government in Baghdad filed a case at an international court of arbitration in Paris to challenge the export.

The prime minister said the Kurdish government "resorted" to exports from the Turkish port because Baghdad cut its share of the federal budget. Any cooperation with the Turkish government, he said, wasn't part of a move to increase Kurdish autonomy.

"We do not consider this to be a political move to divide Iraq," he said.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
IEA report says right policies needed as much as right investments
Paris (UPI) Jun 3, 2013
It will require $48 trillion in investments through 2035 to meet the world's growing energy needs, the International Energy Agency said Tuesday from Paris. IEA Executive Director Maria van der Hoeven said in a statement the reliability and sustainability of future energy supplies depends on a high level of investment. "But this won't materialize unless there are credible policy f ... read more


OIL AND GAS
Russia preparing to launch Okno space surveillance system at full capacity

Leaving the islands

A Path Toward More Powerful Tabletop Accelerators

Microsoft allies with Salesforce.com in 'cloud' push; Acer launches software 'cloud' service

OIL AND GAS
NATO agency extends Globalcomms services

Rockwell supplying radios, satellite terminals to Canadian military

Exelis to help repair, modernize tactical radios

The U.S. Navy has contracted Harris Corporation for next-gen radios

OIL AND GAS
Roscosmos Scolded for 'Pestering Society' with Proton Crash Theories

SpaceX unveils capsule to ferry astronauts to space

Elon Musk to present manned DragonV2 spacecraft on May 29

Russia puts satellite in orbit from sea platform after 2013 flop

OIL AND GAS
Chinese army regulates sat nav use

Beidou to help safeguard fishermen on high seas

China's domestic navigation system guides Pakistan

China's BeiDou system standard ratified by IMO

OIL AND GAS
Australia probes possible MH370 witness account

Chinese ship in latest glitch in MH370 search mission

Heavy airplane traffic potentially a major contributor to pollution in Los Angeles

Thales teams with Provincial Aerospace

OIL AND GAS
EMCORE Introduces Internal Fiber Delay Line System for the Optiva Platform

New analysis eliminates a potential speed bump in quantum computing

NIST chip produces and detects specialized gas for biomedical analysis

Merger planned of electronic component providers

OIL AND GAS
Sentinel-1 aids Balkan flood relief

Japan launches land observing satellite

Airbus partners with BAE for radar satellite imagery

Japan launches new satellite to survey disasters

OIL AND GAS
New pollution rules will reduce asthma, heart attacks: Obama

Cutting Carbon Emissions Reduces Everyday Air Pollution

Sweden to sue EU for delay on hormone disrupting chemicals

Dangerous nitrogen pollution could be halved




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.