The OPEC country'.s output has recovered in the last year to nearly 1 million b d.
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Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.
Read More »Oman-Iran to Finalize Subsea Gas Pipeline Deal
In February last year. Tehran and Muscat signed a preliminary agreement on the pipeline project that is estimated to cost $1.2 billion.
Read More »Oil Minister Regards $60 Oil Price Acceptable
India and Iran have settled the main issue on the development of Farzad B Gas Field.
Read More »Korean KTC to Build Solar Plant in Iran
With the construction of the mentioned solar plant and wind farm. KTC will also transfer new technologies to the country.
Read More »BP will Develop Second Phase of Khazzan Gas Field
The Ghazeer project is expected to come onstream in 2021.
Read More »Competition of Five Company for Critical Basrah Oil Fields Water-Injection Project
There are five international companies that are competing to win the project.
Read More »Russia Restores Syria`s Energy Sector
Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.
Read More »Iraq`s Government Announces Plan to Decrease Oil Dependency
Baghdad depends on the oil sector for more than 90 per cent of its revenue.
Read More »Trump’s Tariffs Can’t Deter Chinese LNG Investment
The necessary funds will likely be raised in multiple rounds.
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