Iraq Oil Exports Unchanged After Basra Attack
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Iraq's oil exports are still flowing at  one million barrels per day through southern terminals despite  an attack on the South Oil Company headquarters on Thursday, an  oil official at the company said.
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BASRA, Iraq Aug. 26, 2004 - Saboteurs have attacked about 20 oil pipelines in southern Iraq, reducing exports from the key oil producing region by at least one third, a top oil official said Thursday.
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Oil prices rose on Friday as a sabotage attack on Iraqi oil infrastructure reignited concern about the reliability of crude exports from the country despite a peace deal to end an uprising in Najaf.
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Multinational oil giant, Royal Dutch/Shell has disclosed that its out put remains unchanged despite its evacuation of non-essential staff from two oil production plants in its eastern operations area in the Niger- Delta where Nigerian troops are engaged
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Oil prices tumbled on Monday after OPEC  producers agreed to keep crude output unchanged for now and  Iraq's elections passed without disruption to oil exports.
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BAGHDAD, Iraq - Oil exports from southern Iraq have been brought to a complete halt, a senior oil official said Monday, following a spate of pipeline attacks launched by insurgents trying to undermine the volatile nation's interim government.    In Baghdad, military officials and representatives of rebel Shiite cleric Muqtada al-Sadr held talks Sunday aimed at reducing violence in the restive Baghdad slum of Sadr City...
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Iraqi engineers have fixed most of the damage caused by a sabotage attack earlier this month on the main pipeline carrying Iraqi oil to Turkey, but the country is still depending on a network of substitute lines to export crude, an official with the North Oil Co. said Monday.
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BAGHDAD, Iraq - Insurgent attacks on pipelines have brought oil exports from southern Iraq to a complete halt, a senior oil official said Monday, part of a rebel campaign to undermine the nation's post-war reconstruction efforts.    In Baghdad, military officials and representatives of rebel Shiite cleric Muqtada al-Sadr held talks Sunday aimed at reducing violence in the restive Baghdad slum of Sadr City...
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Iraq's oil exports rose 9.2 percent last year, the Oil Ministry announced Thursday, largely because improved security allowed pumping to resume through a pipeline from northern oil fields.
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WASHINGTON - Oil futures dropped by nearly $1 per barrel Monday despite pipeline sabotage in Iraq that has delayed exports from a southern port - reinforcing the view among traders that prices had risen too fast earlier this summer.   "It just goes to show you that when the psychology turns, it turns," said Tom Bentz, a trader at BNP Paribas Futures in New York...
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Oil prices eased on Friday as OPEC looked set to keep output unchanged at its meeting this weekend, although concern ahead of Sunday's election in Iraq limited the fall.
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Oil prices fell for a fifth consecutive day Thursday despite a sharp drop in Iraqi exports after pipelines were sabotaged -- evidence that the bull market may have lost some steam.
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Iraq is struggling to cope with the fiercest attack yet on its northern oil export network, while flows to southern export terminals have been steady after recovering from sabotage, officials say.
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London - Oil prices fell Wednesday as Iraq resumed pumping crude through a key northern pipeline, though supply concerns remained amid a fresh hurricane threat, analysts said.
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LONDON: World oil prices rebounded slightly Thursday in the wake of multiple pipeline attacks in major producer Iraq, traders said.
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A shell or rocket attack on a British base in the southern Iraqi city of Basra set fire to a fuel dump overnight but caused no casualties, a military spokeswoman said Friday.
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BAGHDAD - Oil exports from southern Iraq have been brought to a complete halt, a senior oil official said today, following a spate of pipeline attacks launched by insurgents trying to undermine the volatile nation&#39;s interim government.