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1 week ago | 
iraq-businessnews.com | John Lee |Iraq Commodities |Iraq Oil
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting of the Industrial Coordination Council on Monday, in the presence of Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdulghani Al-Sawad, along with several ministers, advisors, business leaders, and representatives of local and foreign companies partnering with the private sector.
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1 week ago | 
iraq-businessnews.com | John Lee |Iraq Oil
By John Lee. The Iraq Britain Business Council (IBBC) has announced that Basra-based Al Marafaa has joined IBBC as a member. According to a statement, the company specialises in delivering advanced Information and Communication Technology (ICT) solutions tailored to the unique needs of the international oil and gas industry in Basra, Iraq.
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1 week ago | 
iraq-businessnews.com | John Lee |Iraq Oil
By John Lee. Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein (pictured), has cautioned that the continuation of Israeli and Iranian military operations may lead to the closure of the Strait of Hormuz, which could result in the loss of up to five million barrels per day of oil exports from the Gulf and Iraq.
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1 week ago | 
iraq-businessnews.com | Iraq Oil |John Lee
By John Lee. China Petroleum Engineering Corporation (CPEC) has announced that its wholly owned subsidiary, China Petroleum Pipeline Engineering has received a letter of award from France's TotalEnergies for a major gas infrastructure project in Iraq. The Artawi [Ratawi] GMP EPSCC Project, commissioned by TotalEnergies, involves the construction of midstream gas pipeline facilities linking the Majnoon and West Qurna 2 oilfields to a new gas processing plant in Artawi.
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1 week ago | 
iraq-businessnews.com | Iraq Oil |John Lee
By John Lee. The Iraqi Cabinet has approved the recommendations of the committee tasked with reviewing and addressing issues related to locally produced and imported industrial oils, as part of broader efforts to strengthen the domestic manufacturing sector.
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3 weeks ago | 
iraq-businessnews.com | Iraq Oil |John Lee
By on in Iraq Industry & Trade News, Iraq Oil & Gas News By John Lee. The Kurdistan Regional Government (KRG) has said that its Runaki (Light) project is making significant progress toward delivering 24-hour electricity to the entire Kurdistan Region by the end of 2026. One of the initiative's key milestones is the planned decommissioning of approximately 7,000 private diesel generators, which have long been a major source of environmental pollution.
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3 weeks ago | 
iraq-businessnews.com | Iraq Oil |John Lee
By John Lee. The Iraqi Ministry of Oil has announced that crude oil production at the Nasiriyah and Saba [Subba] fields has been raised to a combined total of 100,000 barrels per day (bpd), as part of the first phase of a broader integrated development plan. Saeed Zghair Shallagha, Director General of Dhi Qar Oil Company (DQOC), said that this increase is the result of an intensive three-month effort led by national engineering and technical teams.
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1 month ago | 
iraq-businessnews.com | Iraq Oil |John Lee
By John Lee. The Iraqi Ministry of Oil has presented a strategic roadmap to reduce carbon emissions in the oil sector, structured around three core pillars: reducing flared gas, utilising gas and cutting methane emissions, and electrifying oil production operations to lower the carbon footprint. The plan was outlined by Abdulbaqi Khalaf, Energy Advisor to the Ministry, during a panel session on carbon reduction in the oil industry.
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1 month ago | 
iraq-businessnews.com | Iraq Oil |John Lee
By John Lee. The Iraqi Centre for Oil Services, a strategic partnership between Basra Oil Company (BOC), the Arab Well Logging and Oil Services Company (AWLCO), and Gilgamesh Oil Services, has been inaugurated by Minister of Oil, Hayan Abdul Ghani. Speaking at the event, he highlighted the centre as a milestone in Iraq's oil industry, aimed at achieving self-sufficiency and fostering private sector partnerships.
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2 months ago | 
iraq-businessnews.com | John Lee |Iraq Oil
By John Lee. The Iraqi National Intelligence Service has led an official delegation to Damascus under the direction of Prime Minister Mohammed S. Al-Sudani. The delegation, headed by Mr. Hamid Al-Shatri, President of the Iraqi National Intelligence Service, is scheduled to meet with Syrian President Ahmed al-Sharaa' and other senior Syrian officials.
