The latest China – Iraq Business News – Chinese Electricity Company, CNPC, CNOOC, PetroChina & more – brought to you by Iraq Business News
By John Lee. Firefighting and safety teams from the Midland Oil Company have assisted in extinguishing a fire at a private asphalt plant east of Baghdad. The incident occurred around four kilometres from the S2 site within the East Baghdad oil field, southern area, in the Kargouliya district. The company's teams responded as part of […]
By John Lee. The Iraqi Government has approved the settlement of outstanding payments to China Machinery Engineering Corporation (CMEC) related to operation, maintenance and electricity generated at the Salah al-Din power plant for the years 2021, 2022 and 2023. According to a statement from the Prime Minister's Office, the settlement is based on details set out […]
By John Lee. Plans have reportedly been approved to expand the Najaf refinery's production capacity to 100,000 barrels per day, alongside the development of several oilfields in the province. The governor of Najaf, Yousif Kinawi, told the state-run Iraqi News Agency (INA) that the refinery's current capacity stands at around 30,000 barrels per day. Implementation […]
By John Lee. The Baghdad Metro project remains under review following an assessment of current proposals, which were found not to meet the requirements necessary to proceed with a project of this scale. A fourth report on the project, prepared by the Iraq Development Fund in cooperation with international institutions and companies with metro experience […]
By John Lee. Construction has begun on a new field operations centre at the Naft Khana oilfield in Diyala province, marking a new phase of development for the project. The facility is being developed under a contract signed during Iraq's fifth licensing round between Midland Oil Company (MdOC) and the Chinese firm Geo-Jade, which covers […]
By John Lee. The Ministry of Oil has confirmed that operations at the Nasiriya and Gharaf gas fields project will begin on schedule in the first quarter of 2027. In a statement, it said the installation of specialised equipment has begun, in collaboration with Baker Hughes. China Petroleum Engineering & Construction Corporation (CPECC) is also […]
By John Lee. China's Shanghai Electric has officially launched the Euphrates Combined Cycle Expansion Project in Iraq, aimed at upgrading power plants across four governorates by converting simple-cycle units into combined-cycle systems. According to a press release from the company, this expansion will add 625 megawatts (MW) to the national grid and improve plant efficiency […]
By John Lee. Chinese car maker BYD has officially launched its operations in Iraq, marking its market entry alongside the debut of the BYD SHARK 6 (pictured). The company said eight new models are now available in the country, signalling a move towards green and intelligent mobility. The launch coincided with the opening of the BYD […]
By John Lee. Iraq's Minister of Transport, Razzaq Muhaibis Al-Sadaawi, has directed contractors to accelerate work on Nasiriyah International Airport as the project enters its final stages. During a meeting at the General Company for Air Navigation Services, attended by representatives of China's CSCEC (China State Construction Engineering Corporation), the implementing contractor, and senior Iraqi […]
By John Lee. Deputy Prime Minister and Foreign Minister H.E. Fuad Hussein met Mr. Jin Xin, Assistant Minister of the International Department of the Communist Party of China's Central Committee, in Baghdad to review bilateral relations and future cooperation. Mr Hussein described China as a pivotal strategic partner for Iraq, noting that bilateral trade stands […]
By John Lee. Italy's Prometheus will supply its ProFlex passive fire protection systems for the New Nassiriya Depot Project, where China Petroleum Pipeline Engineering Co., Ltd (CPP) is the EPC contractor. The project, developed by the State Company for Oil Projects (SCOP), involves the construction of a new crude oil storage and handling facility on the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will return of US oil giant herald western re-engagement with Iraq's energy sector? ExxonMobil has signed a preliminary agreement with Baghdad to develop the supergiant Majnoon oil field. The move signals the company's […]
