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The Iraqi government has given its approval for the Iraqi National Oil Company to acquire Exxon Mobil Corp’s stake in the giant West Qurna 1 oilfield, Oil Minister Ihsan Abdul Jabbar announced Wednesday, Zawya reports. Located in Southern Iraq, West Read more
Iraq is in advanced talks with Saudi energy company ACWA Power to launch a solar energy plant in the Najaf Governorate, Arab News reports citing the Iraqi Oil ministry. ACWA Power according to the ministry will be tasked to set Read more
The UAE and Iraq signed on Wednesday a contract to build five electric power plants using solar energy, Arab News reports citing state-run Iraqi News Agency (INA). The Iraqi Ministry of Electricity and the National Investment Authority signed the deal Read more
France’s energy giant Total has signed $27-billion with Iraq to invest in four giant energy projects, reports say, citing Iraqi Oil minister Ihsan Abdul Jabbar. The deal according to Jabbar aims to reduce Iraq’s reliance on fossil fuel. The company Read more
Iraq is reportedly ramping up efforts to expand its capacity to pump and export oil through building a processing facility that will double output at the Majnoon field to 450,000 bpd. Ihsan Abdul Jabbar, the director-general of state-run Basra Oil Read more