Baghdad signs contract to develop Iraq’s second largest gas field
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil announced on Monday that the state-owned Midland Oil Company signed a contract with a consortium of Jereh Group, a Chinese oil field services company and manufacturer of oilfield equipment, and Petro Iraq…
US ends leasing in its largest coal-producing region
Washington – President Joe Biden’s government on Thursday announced it was ending coal leases in the Powder River Basin, the nation’s largest coal-producing region, drawing condemnation from the mining sector and praise from environmentalists. It comes as the world’s second…
Iraq, US review cooperation in energy sector
Baghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, and the US Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, reviewed on Wednesday cooperation between the two countries in the energy sector. During their meeting in Baghdad, the…
Brazil government announces Petrobras chief dismissed
Brasília – The government of Brazilian President Luiz Inacio Lula da Silva announced Tuesday that the CEO of state oil company Petrobras has been sacked. The move follows a recent spat between Petrobras and shareholders over dividend payments, which heightened…
Iraqi-Chinese consortium to develop Tuba oil and gas field
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil signed on Sunday an initial agreement with an Iraqi-Chinese consortium to develop the Tuba oil and gas field in southern Iraq. The project aims to produce crude oil with a capacity of…
Iraq to reject further OPEC+ oil output cuts
Baghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan Abdul-Ghani, told reporters on Saturday that Iraq has implemented enough voluntary cuts in oil production and will not agree to any new cuts adopted by the OPEC+ group at its upcoming…
Jordan urges Iraq to extend oil supply agreement
Baghdad (IraqiNews.com) – The Jordanian Ministry of Energy and Mineral Resources said on Sunday that the country’s imports of crude oil from Iraq have stopped. The cessation of Iraq’s crude oil exports to Jordan is due to the expiration of…
Iraq expects oil reserves to top 160 billion barrels
Baghdad – Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion barrels, Oil Minister Hayan Abdel Ghani said on Saturday. The minister’s comment came during the launch of new licensing…
Akkas gas field to supply Anbar power plant with 100 million feet of gas
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil announced on Tuesday that it will cooperate with the Ministry of Electricity to supply the national grid with 1,640 megawatts. The Oil Ministry’s Undersecretary for Gas Affairs, Izzat Sabir, said in a…
Iraqi, US firms sign agreements to develop Bin Omar gas field
Baghdad (IraqiNews.com) – Raban Al-Safina Group of Companies signed nine agreements with seven US companies to develop the Bin Omar gas field in the southern Iraqi governorate of Basra. The Business Development Manager for Oil and Energy Projects at Raban…