Shell, Iraq take steps toward gas joint venture; South Korea, KRG finalize oil deals; Petrel Resources says issues over payment, contractor resolved; KRG takes bids on wind and hydro power, signs electricity deal.

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.