-- Kazakhstan: Tethys adds Doris production facility Tethys Petroleum Ltd. has boosted production capacity at its Doris oil field in western Kazakhstan to 2,000-2,500 b/d with the opening of facilities that will turn out refinery grade crude oil for better margins.
-- Baker Institute study says Iraq faces hurdles in becoming oil leader Iraq’s large oil-production potential could put it in a position to vie for leadership with Saudi Arabia in the world oil scene in the coming decades. But Baghdad and Riyadh each might have difficulty meeting rising demand for oil, according to a study released by Rice University's Baker Institute for Public Policy.
-- IPIC acquires Total SA's 48.83% stake in CEPSA Total SA sold its entire 48.83% interest in Compania Espanola de Petroleos SA (CEPSA) to Abu Dhabi's sovereign fund International Petroleum Investment Co. (IPIC) for €3.7 billion.
-- Essar completes purchase of UK refinery Essar Energy PLC, Mumbai, has completed its purchase from Royal Dutch Shell of the Stanlow refinery near Ellesmere Port in Northwest England (OGJ Online, Mar. 29, 2011).
-- Karbala Refinery plans refinery south of Baghdad Iraq’s ministry of oil, in an effort to boost the country’s refining capacity, has signed an agreement with Karbala Refinery Corp. Ltd. for the construction of a 200,000 b/d refinery in the Karbala region.