Oil Wells On Fire After Attack On Iraqi Oilfield

A terrorist attack set ablaze two oil wells at a small oilfield in northern Iraq on Wednesday, but total production at the 25,000-bpd field has not been affected, the oil ministry of OPEC’s second-largest producer said. According to the Iraqi oil ministry, quoted by Reuters, explosive devices were set off at two wells at the Khabbaz oilfield, which is located 20 kilometers, or 12 miles, southwest of the large northern Iraqi city of Kirkuk. Oil production from the two wells doesn’t exceed 2,000 bpd, the ministry said. Sources from Iraq’s…