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After having made clear its intention to exit Iraq’s oil industry, Exxon has now been replaced by PetroChina as the operator of the West Qurna 1 oil field in Iraq.
BASRA: The head of Iraq's Basra Oil Co. told Reuters on Wednesday that he expects Qatar to acquire a 20-25 percent stake in TotalEnergies' $27 billion cluster of energy projects in the country, with the Baghdad government aiming to hold around 40 percent. A major investment in the projects by a Gulf state would be an important win for Iraqi Prime Minister Mohammed al-Sudani,
U S crude ends below $95/bbl as EU tweaks Russian oil sanctions | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.