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HomeIraq

Iraq

Crude Oil News

Lukoil Retracts Decision to Sell Stake in Iraq’s Field: Al-Sabah

July 31, 2021 Stu Turley

Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies, according to Iraqi state-run newspaper Al-Sabah. Iraq’s oil ministry has been in talks with the company […]

Iraq cuts crude oil supplies for most Indian refiners in 2021
ENB Pub Note

Iraq Agrees to Sign Deal with Total to Execute Energy Projects

July 24, 2021 Stu Turley

ENB Publishers Note: Interesting turn by TotalEnergies to help with Iran’s gas fields. This appears to be going against sanctions that are in place. Verification will need to be used.  Iraqi cabinet granted the country’s […]

International News

Iraq inks deal with UAE firm to produce renewable energy

June 28, 2021 Clark Savage

Baghdad, Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail announced the signing of an agreement with Masdar, a renewable energy developer based in the United Arab Emirates (UAE), to establish a solar energy project. Ismail, who is also chairman of the Iraqi Ministerial Council […]

Crude Oil News

Iraq signs deal to drill 96 oil wells

June 18, 2021 Stu Turley

Baghdad: Iraq has signed a contract to drill 96 oil wells in the West Qurna-1 oil field located in the southern province of Basra to raise production, according to a statement by the Ministry of Oil. The state-run Basra Oil […]

oil rig - EnergyNewsBeat.com
International News

Iraq Aims to Clinch Exxon Oil Sale by June Even as Chevron Balks

April 21, 2021 Stu Turley

Iraq aims to finalize the sale of Exxon’s stake in the West Qurna-1 oil field by the end of June even after rival U.S. supermajor Chevron Corp. rejected overtures to buy the position. Basra Oil Co., the state-run […]

Crude Oil - EnergyNewsBeat.com
Crude Oil News

China’s Iranian oil buying spree crushes demand for Brazil, Angola crude

April 14, 2021 Clark Savage

By Chen Aizhu, Shu Zhang, Sabrina Valle SINGAPORE/Rio de Janeiro, Brazil (Reuters) – China’s record imports of Iranian crude in recent months has squeezed out supply from rival producers, forcing sellers of oil from countries such as Brazil, […]

Patrick Pouyanne - CEO of Total
Electrical Generation / Utilities

Iraqi Government and Total to Collaborate on Major Energy Projects, Including 1GW of PV Generation

April 11, 2021 Stu Turley

According to reporting from various media outlets, the Iraqi government just entered into an agreement in principle with French energy giant Total to develop four major projects. While three of these projects are related to oil and gas, […]

Iraq cuts crude oil supplies for most Indian refiners in 2021
Finance

Iraq Discussing $7 Billion Energy Deal With Total, Minister Says

March 27, 2021 Stu Turley

Iraq is discussing a “giant” agreement with French oil giant Total SE to build large infrastructure installations, develop oil fields and produce gas, Oil Minister Ihsan Abdul Jabbar told Asharq News in an interview that aired on […]

Still Stuck - Source - Suez Canal Authority -energynewsbeat
Commodities

Suez Shows Civilization Is More Vulnerable Than We Think – Time to rethink all of our energy policies

March 27, 2021 Stu Turley

Energy News Beat Publishers Note: It is a great time to review our energy policies and think about the precarious we now find ourselves. We are no longer an energy exporter, but reliant on political […]

Crude Oil News

Iraq Denies UAE Firm’s Claim U.S-Seized Iranian Oil Cargo Was From Baghdad

March 18, 2021 Stu Turley

Iraq’s state oil marketing firm SOMO denied a claim by Fujairah International Oil & Gas Corp of the United Arab Emirates (UAE) that an oil cargo, which the United States seized alleging that it carried Iranian crude […]

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