Damascus: Turkey announced its intention to export two billion cubic meters of natural gas and increase its electricity exports to Syria. Turkish Energy Minister Alparslan Bayraktar stated at a press conference with his Syrian counterpart, Mohammed al…
Baghdad: The Middle Oil Company has signed the first amendment to the service contract for the Badra oil field with the Russian company Gazprom and its affiliated entities. This significant development took place on Thursday.
According to National I…
Kirkuk: The North Oil Company announced today the resumption of production at five oil wells in the Jambur field, located north of Kirkuk Governorate. This development comes after the company successfully addressed technical challenges that had previo…
Basra: Basra heavy and medium crude oil prices rose on Wednesday, with the rise in global oil prices. The price of Basra heavy crude rose 57 cents, or 0.93%, to reach $61.60. The price of medium crude also rose 57 cents, or 0.89%, to reach $64.75.
A…
