Live Breaking News & Updates on Midland Oil Company|Page 7
Stay updated with breaking news from Midland oil company. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
صوت العراق | بعد توقف دام اكثـر من عام..حقل شرق بغداد يستأنف نشاطه في ضخ النفط الخام sotaliraq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sotaliraq.com Daily Mail and Mail on Sunday newspapers.
Iraq is considering buying ExxonMobil’s stake in the southern West Qurna 1 oilfield through the state-owned Basra Oil Company, the country’s oil minister said on Monday. The oil ministry is discussing BOC “taking ownership of the Exxon stake in West Qurna 1 and leading the project, as happened with Majnoon,” Ihsan Abdul Jabbar told a . ....
Tuesday, 4 May, 2021 - 05:15 Oil tankers are seen at a terminal of Sinopec Yaogang oil depot in Nantong, Jiangsu province, China June 11, 2019. (Reuters) Asharq Al-Awsat Iraq is considering buying ExxonMobil s stake in the southern West Qurna 1 oilfield through state-owned Basra Oil Co (BOC), the country s oil minister said on Monday. The oil ministry is discussing BOC taking ownership of the Exxon stake in West Qurna 1 and leading the project, as happened with Majnoon, Ihsan Abdul Jabbar told a news conference, referring to the huge Majnoon oilfield in Iraq s south. Iraq said last month that ExxonMobil was seeking to sell its 32.7% stake in the West Qurna 1 field, and that the oil ministry had started discussions with US oil companies over a possible purchase. ....
Iraq oil minister: Prices will not drop to under $65 per barrel Malcolm Mayes (R), managing director of the Basra Gas Company (BGC), and Iraq s oil minister Ihsan Abdul Jabbar (L) attend the inauguration of a new gas compressor station in the Rumaylah oil field near Iraq s southern port city of Basra on February 28, 2021 [HUSSEIN FALEH/AFP via Getty Images] May 4, 2021 at 9:07 am Iraq s Oil Minister Ihsan Abdul Jabbar Ismail yesterday said he does not expect oil prices to drop below $65 a barrel and that lower oil prices should not be a concern after OPEC+ eases production cuts from May. Iraq has been severely affected by the drop in crude oil prices over the past two years due to the coronavirus pandemic. ....
Source: Reuters The oil ministry is discussing BOC “taking ownership of the Exxon stake in West Qurna 1 and leading the project, as happened with Majnoon,” Ihsan Abdul Jabbar told a news conference, referring to the huge Majnoon oilfield in Iraq’s south. Iraq said last month that ExxonMobil was seeking to sell its 32.7% stake in the West Qurna 1 field, and that the oil ministry had started discussions with U.S. oil companies over a possible purchase. ExxonMobil did not respond to a request for comment. Abdul Jabbar also said at the news conference that the development of Iraq’s Mansuriya gas field on the coast near the Iranian border is expected to cost $2.1 billion ....