TotalEnergies strikes deal with Iraq to revive $27bn energy projects

Gas, oil and solar initiatives had become bogged down in political negotiations Sarah White in Paris and Raya Jalabi in Beirut APRIL 5 2023 French oil major TotalEnergies and the Iraqi government have struck a deal to salvage a $27bn series of energy projects that are considered key tests of Baghdad’s ability to attract hesitant foreign investors. The contracts, includ

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OPEC oil output falls on Angola, Iraq outages – Reuters survey

Summary OPEC output falls 70,000 bpd from February - survey Nigerian output rises by 110,000 bpd, biggest gain in group Quota-bound members undershoot target by about 930,000 bpd Output by country LONDON, March 31 (Reuters) - OPEC oil output fell in March due to oilfield maintenance in Angola and a halt in some of Iraq's exports, a Reuters survey found on

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Iraq Sets New Price Mechanism for Kurdistan Oil Sales. By Khalid Al-Ansary

(Bloomberg) -- Iraq said Kurdistan oil will be sold at international prices and told companies buying supplies to sign new contracts, Rudaw reported citing unnamed sources. Representatives from the Kurdistan Regional Government and Iraqi government met on Friday and agreed on the new mechanism to sell Kurdistan oil jointly. Negotiations on contracts and finding new buyers

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Iran, Iraq agree on new mechanisms to use frozen assets

TEHRAN, March 20 (Xinhua) -- A top Iranian official said Iran and Iraq have agreed on new mechanisms, enabling the former to use its frozen oil and electricity exports money in the latter's banks, official news agency IRNA reported on Monday. Secretary of Iran's Supreme National Security Council (SNSC) Ali Shamkhani made the remarks in an interview with IRNA following his Su

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