Mosul, northern Iraq to refine oil in disputed areas

An oil refinery construction agreement between Iraq's Mosul province and the Kurdish Regional Administration was signed on Monday, says Mosul governor.The agreement includes the sharing of oil extracted from the disputed areas between Mosul and the Kurdish Regional Administrationm (KRG) in support of the Mosul province, said Nujaifi and added, "This agreement will change Iraq'

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Major oil contract of Eni, approved by Iraq

Iraq has approved major contract items for Eni's giant oilfield project in its south, just hours after the Italian company threatened to pull out if red tape was not cut and Angola's Sonangol quit projects in the north due to security concerns. Rising violence has not hit operations at the southern fields driving Iraq's oil expansion, but Western companies at work there say det

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Why unbridled oil consumption in the Middle East could pose a threat to the region and beyond. By Keith Johnson

Download PDF From the American point of view, the biggest energy revolution in recent years has been the explosion in domestic supplies of oil and gas that has catapulted the United States into the top ranks of global energy producers. But globally, one of the most important, if less visible, energy revolutions has been the ongoing explosion in demand for oil in the Middle Ea

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Region’s refiners need to balance costs jointly. By Saadallah Al Fathi *

One of the major problems faced by decision-makers is the rising cost of refinery projects   A few weeks ago I wrote about the outlook for the petroleum refining industry in the Middle East and the great expansion that is forthcoming from about 8 million barrels a day (mbd) to 15.5 mbd in 2020. One of the major problems faced by decision-makers is the rising cost of ref

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Iraq & Turkey: Neighbors On The Road To Prosperity? By- Luay al-Khatteeb*

Download PDF In Iraq, the journey to prosperity and success will be much faster this time around – we did it 5,000 years ago, and we will do it again. Turkey’s insatiable demand for energy to sustain its growth and development has seen it casting aside its traditional suppliers as it looks to the Caspian region and Iraq to secure its energy requirements. According to the OE

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