Iraqi oil and gas deals aren't just for Big Oil as smaller firms already active in the country are better placed, the head of Petrel Resources said in a statement in which he said the Irish firm has settled payment disputes over a field it is helping develop.

MIAMI, April 30 (UPI) -- India's Reliance India Ltd. is reportedly preparing to buy a stake in a major Peruvian oil block, marking yet another foray into developing markets in Latin America for the Indian energy giant.

LONDON, March 4 (UPI) -- Ireland's Petrel Resources expects a production-sharing agreement for a deal it signed with Saddam Hussein for a block in Iraq's western desert.

BAGHDAD, Feb. 21 (UPI) -- Ireland's Petrel Resources has received a one-year extension on its Iraq oil project and has registered for future deals, the company said.

BAGHDAD, Sept. 24 (UPI) -- Irish firm Petrel Resources is upbeat on Iraq hydrocarbons ventures despite reporting an increase in operating losses.