Iraq draws oil interest despite violence

DUBLIN, Ireland, Aug. 15 (UPI) -- Irish energy company Petrel Resources said it paid cash and provided a stock swap in exchange for a position on the oil and gas in Wasit province in Iraq.

Iraq Energy Roundup

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.
BEN LANDO, UPI Energy Editor

Small firms best for Iraqi oil development, Petrel manager says

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.
BEN LANDO, UPI Energy Editor

Analysis: Peru, India cultivate oil ties

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.
CARMEN GENTILE, UPI Energy Correspondent

Petrel eager for Iraq west desert oil deal

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.

Petrel gets Iraq extension, ready for deal

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.

Petrel high on Iraq oil prospects

BAGHDAD, Sept. 24 (UPI) -- Irish firm Petrel Resources is upbeat on Iraq hydrocarbons ventures despite reporting an increase in operating losses.
Most Popular
Hershey's new logo launched, compared to emoji poop
Pakistan PM Nawaz in hiding, death toll reaches 11
Al Pacino rules Venice Film Festival on Saturday
'Fifty Shades of Grey' director's home raided by police
LeAnn Rimes jokes she lost virginity by raping boyfriend