- Opening ceremony of the 17th Arab Steel Summit under the patronage of H.E. Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affa...
- Algeria allocates $3.5 billion to support exploration and to increase the size of hydrocarbon reserves
- Qatar Energy to add another 2 gigawatts to its installed solar capacity
- Indian Oil Corporation signs second agreement with Ruwais LNG
- The Iraqi government is unable to reduce production from Iraqi Kurdistan to be in line with OPEC+ decisions
- Saudi Arabia's oil export revenues to fall in 2024 due to repeated voluntary production cuts
- ASRY Awarded 2024 RoSPA Gold Medal in Health and Safety
- BP ponders shifting focus away from renewables, say sources
- QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation
- The International Energy Agency expects oil demand growth to slow in 2024
Iraq
Iraq: The Ministry of Oil expects the gas platform to be ready for operation within the next two years
The Iraqi Ministry of Oil announced the imminent launch of the liquefied gas import platform, which will begin operating within two years. The platform will provide great flexibility in negotiating...
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Iraq is drilling new oil wells to expand crude oil production capabilities
Iraq is proceeding with ambitious plans to drill many new oil wells with the aim of increasing crude oil production capacities and securing Iraq’s position in the global oil market. Iraq is...
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33 billion dollars for Iraqi crude oil sales by the state company (SOMO) during the first half of 2021
Sales of Iraqi crude oil by the Oil Marketing Company, which represents the federal government, from the southern ports of Basra oil, as well as from the northern port of Kirkuk crude from the...
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Iraq: The priority is to stop gas flaring and increase investment in oil, gas and clean energy
In a statement to the Iraqi News Agency, Iraqi Oil Minister Ihsan Abdul-Jabbar stressed that the ministry’s most important priorities and plans are to stop burning associated gas resulting from...
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Iraq plans to increase its oil export capacity to 6 million barrels per day
Iraq currently has a production capacity of 5 million barrels per day, and this capacity allows it to export more than 3 million barrels per day. Iraq is the second largest producer of crude oil in...
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Iraq: The Prime Minister stresses the importance of rationalizing the investment of financial resources obtained from the oil prices increase
Prime Minister Mustafa Al-Kazemi held a meeting with the Finance Committee to discuss the financial budget in light of recent price developments in the global market. At the meeting, Al-Kazemi...
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Iraq to reduce oil production to compensate for exceeding quota last year
Iraq, which is the second largest producer in OPEC after the Kingdom of Saudi Arabia, plans to reduce oil production in January and February of this year 2021 in order to compensate for its excess of...
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Iraq is implementing projects to increase its export capacity to 6 million b/d
The Iraqi Ministry of Oil confirmed its intention to increase the export capacity to 6 million barrels per day after 2023 through the implementation of projects to develop oil tanks in the FAO area,...
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Iraqi Oil Minister: We could raise oil production to 7 million barrels per day by 2025
19 Sept., 2020 The Iraqi News Agency published statements by the Iraqi Oil Minister, Ihsan Abdul-Jabbar, which included that Iraq currently has a production capacity of 5 million barrels per day,...
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Iraq cuts its oil production by 400,000 barrels per day in August 2020
4 September 2020 Iraq confirmed that it would implement additional cuts to its oil production by about 400 thousand barrels per day in August to compensate for surplus production in the previous...
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