U.S. oil major Chevron is pressing Iraq to improve returns on the giant West Qurna 2 oilfield as a condition for acquiring the project from Russia’s Lukoil. Earlier this month, Iraq nationalized the field after U. ...
India’s state-run Bharat Petroleum Corporation Ltd (BPCL) has secured one-year crude supply deals for Iraqi and Omani grades to compensate for imports from Russia and pivots toward Middle Eastern supply as Reuters ...
Basra Gas Company (BGC) has announced a strategic expansion of its export capacity, including a new large-scale project to export refrigerated liquefied natural gas (LNG) within two years, according to the Iraqi N ...
Iraq’s cabinet has endorsed the takeover of petroleum operations at the West Qurna 2 oilfield, one of the largest globally, following terms set out in the service contract with Russia’s Lukoil, as reported by Reut ...
Iraq's Nasiriyah and Gharraf natural gas field investment project has entered an advanced implementation stage, with specialized equipment now fully delivered and on-site installation set to begin, according to a ...
The Iraq’s Ministry of Oil revealed that the East Baghdad–Rashidiya field currently has a production capacity of about 8,000 barrels per day (b/d) of crude oil, in addition to 15 million cubic feet per day (mmcf/d ...
Iraqi oil ministry officials said that ExxonMobil has reached out to express interest in acquiring Lukoil’s majority share in the massive West Qurna 2 oilfield, Reuters reported.
A rocket attack struck a liquid storage tank at Iraq’s Khor Mor gas field, one of the largest in the Kurdistan region, forcing a halt in production and causing major power cuts across northern Iraq, joint field op ...
Wood, a UK-based consulting and engineering company, has secured a new contract to manage Engineering, Procurement, and Construction (EPC) services for PetroChina at the West Qurna 1 oilfield in southern Iraq.
Oil producers in Iraq’s Kurdistan region have successfully loaded the first export cargo from Turkey’s Ceyhan terminal, marking a critical step in the resumption of regional crude exports. Gulf Keystone Petroleum ...
