By John Lee. The Iraqi Cabinet has agreed to approve the contract for TotalEnergies' integrated gas development project with some amendments, as follows: The government's participation will be amended from 40 percent to 30 percent in accordance with Cabinet Resolutions (361 and 480 of 2021) to facilitate the signing of related agreements and resolve the […]
By John Lee. Iraq's Oil Minister Ihsan Abdul-Jabbar Ismail has said that the Iraqi National Oil Company (INOC) has opened a dialogue about gas exploration in the Western Desert in Anbar Governorate. The company involved was not named, but was described as "one of the major international companies". The Minister said Iraq is keen to […]
The creation of a new Iraqi National Oil Company (INOC) to run the country's energy sector is not essential and might confuse the work of the oil ministry, Iraq's oil minister said on Sunday, according to Reuters. Iraq's cabinet approved a draft law setting up a new national oil company in 2009, but the agency […]
