By John Lee. Chinese oilfield services group Anton Oil reported a 16.2% decline in revenue from the Iraq market in the first half of 2026, with regional disruption cited as the primary cause. Revenue from Iraq fell to approximately RMB 1,212.4 million from RMB 1,447.2 million in the same period of 2025, representing 45.2% of […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China Tightens Its Grip On Iraq With Major Successes in Licensing Rounds With this new slew of oil and gas license awards, it may be that China has ultimately got […]
By John Lee. Iraq's Ministry of Oil has concluded its fifth-plus and sixth oil and gas licensing rounds, with Chinese companies winning most of the fields awarded: Fifth-plus licensing round: Abu Khema: Zhenhua Oil Ad Daimah: KAR Group Alan: KAR Group Block 7: China National Offshore Oil Corporation (CNOOC) Dhufriyah: Anton Oil Fao: United Energy […]
By John Lee. Iraq's Minister of Oil has invited international companies to bid to develop new oil fields, in what is being described as an annex to the Fifth Licensing Round. This round includes 13 exploration fields and sites distributed across the northern, central, and southern provinces. The announcement complements the Ministry's previous declaration in […]
