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April 26, 2018

Rocket Hits Site of Foreign Oil Firms Exxon, Shell, Eni in Iraq's Basra, Three Hurt

Iraq’s Oil Bidding Raises Eyebrows

April 26, 2018

Iraq’s five year development plan calls for production to rise to 6.5 MMBOPD by 2022 BAGHDAD — Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to increase revenue after its costly war with the Islamic State militant group, but analysts say the rushed bidding process — now timed to precede national elections —

Alberta Oil Industry Could See Bottleneck Relief in Rail Deals

April 26, 2018

From The Star CALGARY—Alberta’s beleaguered oil industry may, in the second half of the year, get some relief from its persistent shipping bottlenecks as producers strike deals with rail companies to move more crude. Oil producers and railroads have room to strike deals that will make economic sense for both parties, Cenovus Energy Inc. chief executive officer Alex Pourbaix said.

Senate Confirms Pompeo as New Secretary of State

April 26, 2018

From The Hill The Senate narrowly confirmed CIA Director Mike Pompeo to be secretary of State on Thursday, overcoming steep opposition to his nomination. Senators voted 57-42, just over the simple majority needed for approval by the chamber. Pompeo’s confirmation was a virtual lock after Sen. Rand Paul (R-Ky.) reversed his position and said he would support Trump’s pick. The announcement came amid an intense pressure

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