Chevron in Exclusive Talks to Acquire West Qurna 2 Oilfield in Iraq

• Tuesday, 24th February 2026
• by Fatma Ahmed

Chevron has begun exclusive negotiations with Iraq over the massive West Qurna 2 oilfield, bringing it closer to taking over the asset from Russian producer Lukoil, which is under sanctions, according to Reuters. Chev...

SOMO Negotiates with Exxon for Storage Space in Singapore

• Sunday, 7th September 2025
• by Fatma Ahmed

The State Oil Marketing Organization (SOMO) revealed that it entered into negotiations with ExxonMobil seeking a deal for more storage space in Singapore, according to Iraq News Agency (INA). It added that the negotia...

Workers Continue Strikes at Some TotalEnergies Sites in France

• Monday, 17th October 2022
• by Israa Ibrahim

The French Finance Minister Bruno Le Maire said on Monday that the time for negotiation is now over because the ongoing strike by union employees had significantly reduced the amount of gasoline available to service s...

Iraq, Lebanon Discuss Imported Oil Details

• Thursday, 14th January 2021
• by Fatma Ahmed

Iraq and Lebanon are going into discussions about the technical details of the imported oil material from Iraq to Lebanon, Director General of the Lebanese Public Security, Abbas Ibrahim, stated, Iraq News Agency (INA...

Genel Energy Continues Negotiation Over Bina Bawi

• Sunday, 3rd May 2020
• by Editorial Team

Genel Energy plc negotiates further with the Kurdistan Regional Government (KRG) over the Iraqi oil field Bina Bawi, according to a press release. The documentation that requires further negotiation includes a new dra...

Egypt, Siemens Halt Negotiations over 2000 MW Wind Farm

• Monday, 15th January 2018
• by Sarah Samir

Egypt’s negotiations with Siemens over establishing a 2000 MW wind farm have stopped for the second time after talks held over the last two months did not lead to productive results, governmental sources stated, accor...

Bahrain’s Bapco in Talks on Sitra Expansion Bids

• Tuesday, 4th April 2017
• by Dr. Mahinaz El-Baz

Bahrain Petroleum Company (Bapco) has started two weeks of negotiations with international contractors to clarify bids to expand the Sitra oil refinery, estimated to cost around $5b. Under the Bapco Modernization Prog...

Schneider Pushed to Amend Electricity Contracts

• Thursday, 26th January 2017
• by Sarah Samir

Schneider Electric Egypt started negotiations with the Ministry of Electricity and Renewable Resources in order to increase the value of contracts after EGP devaluation and price increase, reported Al Mal News. The co...

Rwanda, China Halt Oil Exploration Talks

• Sunday, 15th January 2017
• by Editorial Team

Oil exploration in Rwanda has stalled after negotiations with Chinese firm BGP suddenly collapsed, The East African reported. Oil exploration was expected to resume in November 2016 when BGP, which also conducts explo...

Iraq Issued Oil Field Tender

• Tuesday, 25th October 2016
• by Sarah Samir

The Iraqi oil ministry launched a new tender to develop 12 small to medium-sized oil fields, reported Reuters. The fields on offer are four fields located in Basra, five fields located in Misan and three fields locate...