Tag Archives | CWC

Iraq Plans Big Increase in Oil Production

By John Lee. The Basra Oil Company (BOC) reportedly plans to increase production  from 3.2 to 5 million barrels per day over the next seven years. According to Platts, BOC directror Ihsan Ismaael told the CWC Basra conference in Istanbul that the increased production would be sustained for at least 20 years after that. Among […]

Luiebi named Head of new National Oil Company

Iraq’s Cabinet has named Jabbar al-Luiebi, the current oil minister, to head the new Iraqi National Oil Company (INOC) – giving new momentum to a fundamental restructuring of the country’s oil sector. “Yes, he is the president of the Iraqi National Oil Company,” said Oil Ministry Spokesperson Assem Jihad, in an interview with Iraq Oil […]

Video: Iraq lures Investors to Boost Oil, Gas Output

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is hoping to lure international investors to help develop its oil and gas industry. With victory declared over fighters from Islamic State of Iraq and the Levant (ISIL, also known as ISIS), […]

Natural Gas Must Be an Asset for Iraq

By Alessandro Bacci. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On February 27-28, 2018, the C.W.C. Group, an energy and infrastructure conference, exhibition and training company, will organize in Berlin, Germany, the twelfth edition of Iraq Petroleum, which is one of the major […]

Iraqi Govt Ministries to Attend Oil Conference in Berlin

Iraqi Government Ministries heading to Berlin for International Meeting in February Iraq’s oil and gas industry has started 2018 with invigorating news including new blocks to be offered at a bidding round in May, several high profile deals finalised with international companies as well as the continued upstream reforms led by Minister of Oil Jabbar […]

Kurdistan Oil Conference in London Postponed

By John Lee. The CWC Kurdistan-Iraq Oil and Gas conference, planned for London in December, has been postponed. The Kurdistan Regional Government (KRG) cited “the current logistical and other circumstances affecting the Kurdistan Region” for their request to reschedule the conference. CWC has said that new dates and venue will be announced shortly. (Sources: KRG, […]

Govt & Industry Leaders: Iraq’s Economic Capital Ready for Business

Advertising Feature Key figures of the Iraqi Government and Ministries have confirmed their attendance at the annual Basra Oil, Gas & Infrastructure Conference due to take place on 30-31 October in Beirut, to highlight the current investment projects available in Basra’s multiple industries and facilitate a direct dialogue towards promoting further business in Iraq’s Economic […]

KRG Leaders to Spearhead 7th Oil & Gas Conf in London

The Kurdistan Regional Government’s Deputy Prime Minister H.E. Qubad Talabani, as well as the Minister of Natural Resources H.E. Dr Ashti Hawrami have confirmed their attendance and participation at the Region’s annual Kurdistan-Iraq Oil & Gas Conference taking place on 11-13 December 2017 in London. International conference organisers CWC Group have announced the launch of […]

SOMO considers JVs in Oil Shipping, Storage

By John Lee. Reuters reports that following the setting up a new oil trading firm with Lukoil subsidiary Litasco, the State Oil Marketing Organization (SOMO) is considering setting up similar ventures in shipping and oil storage. The news agency quotes the head of SOMO, Falah Alamri, as telling the CWC Iraq Petroleum Conference: “The idea is […]