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Former Vice President Dick Cheney says he will vote for Kamala Harris


Former Vice President Dick Cheney says he will vote for Kamala Harris

CHEYENNE, Wyoming (AP) – Former Vice President Dick Cheneya lifelong Republican, will choose Kamala Harris as his presidential candidate, he announced on Friday. Liz Cheney, who herself supported Harris first announced her father’s support on Wednesday when Mark Leibovich of The Atlantic magazine asked her about it during an onstage interview at the Texas Tribune […]

Islamic resistance in Iraq claims responsibility for attack on Haifa nuclear power plant


Islamic resistance in Iraq claims responsibility for attack on Haifa nuclear power plant

In retaliation for Israel’s bombing of the Gaza Strip, Iraqi factions allied with Iran claimed to have carried out several attacks on Israeli targets. (Getty) The Islamic Resistance in Iraq announced early Thursday morning that it had used a drone to attack a power plant in the city of Haifa in the pre-1948 Palestinian territories. […]

Dana Gas terminates Enerflex contract for Khor Mor gas field project


Dana Gas terminates Enerflex contract for Khor Mor gas field project

The Khor Mor gas field is important because it is being developed by the Emirati gas company Dana Gas. (Getty) Dana Gas has terminated its contract with Enerflex Ltd. to expand the Khor Mor gas field in Iraq’s Kurdistan Region, citing ongoing performance issues that have led to significant delays in the $806 million KM250 […]

Rating agency: As Sino-Saudi relations develop, cross-border use of the yuan will also increase


Rating agency: As Sino-Saudi relations develop, cross-border use of the yuan will also increase

Deepening economic relations between China and Saudi Arabia will encourage the use of the yuan for oil purchases, S&P Global Ratings said in a report on Tuesday. However, it will take some time for these transactions to become profitable. Non-oil-based ties between the two countries, boosted by President Xi Jinping’s visit to the Gulf state […]

Iraq increases power production to 170 MW through increased gas supplies from northern fields


Iraq increases power production to 170 MW through increased gas supplies from northern fields

2024-08-19T07:25:35+00:00 font Activate reading mode A- A A note Shafaq News/ On Monday, the Iraqi Oil Ministry announced that it had increased electricity supply to the Dibis, Kirkuk and Mosul gas-fired power plants to 170 megawatts, adding 50 million standard cubic feet per day (Mscfd) of gas from the Northern Gas Company. The ministry’s statement […]

Iraq wants to increase oil and gas production


Iraq wants to increase oil and gas production

Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse business ecosystem and significant investment in increasing oil and gas production. However, key infrastructure issues still need to be overcome and the lack of exploration activity remains a challenge. According to Wood Mackenzie’s report “Iraq’s upstream opportunities: a review,” Iraq’s gas production could more […]

Baghdad relies on profit sharing in new oil and gas contracts


Baghdad relies on profit sharing in new oil and gas contracts

Baghdad relies on profit sharing in new oil and gas contracts BAGHDAD, August 15 (Reuters) – Iraq is making the biggest changes in its relationship with global oil companies in decades, sources said Thursday, in a bid to attract more money to the country’s hydrocarbon sector and share in the profits from the development of […]