By John Lee. Iraq's daily petrol consumption reached approximately 35 million litres on Wednesday, surpassing all previous records, according to the Ministry of Oil's media and government communications office. The ministry said the shortfall between production and consumption has reached around 4 million litres per day. South Refineries Company (SRC) refineries are operating at full […]
By John Lee. According to the Ministry of Oil, construction work on a new refinery unit at the Missan [Maysan] refinery is entering its final stages, with commissioning expected within days. The new unit will add a processing capacity of 70,000 barrels per day (bpd), bringing the refinery's total capacity to 110,000 bpd. The project […]
By John Lee. The Ministry of Oil has announced the successful commissioning of the Fluid Catalytic Cracking (FCC) unit at South Refineries Company (SRC), with the start of production of high-octane upgraded petrol. Deputy Prime Minister for Energy and Minister of Oil Hayan Abdul Ghani Al-Sawad praised the workforce at South Refineries Company for achieving […]
By John Lee. Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani Al-Sawad has announced that the launch of the Fluid Catalytic Cracking (FCC) project at the South Refineries Company (SRC) in Basra will enable Iraq to achieve self-sufficiency in petrol and other oil derivatives once it is inaugurated on Saturday. […]
By John Lee. The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's total output to 110,000 bpd. During a visit to the refinery, Deputy Minister for Refining Affairs Adnan Mohammed Hammoud emphasized that […]
By John Lee. Iraq's Deputy Minister of Oil for Refining Affairs, Hamed Younis, reaffirmed Iraq's commitment to collaborating with reputable global companies to advance its refining sector. This aligns with the government's strategic program and directives from Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani. During a meeting with Honeywell's Middle […]
By John Lee. The Japan International Cooperation Agency (JICA) signed a $388-million loan agreement with Iraq on Sunday, to provide Japanese ODA loan for the sixth phase of the Basrah Refinery Upgrading Project. In a statement, JICA said: "This project aims to improve the quality and productivity of petroleum products, reduce the supply-demand gap, decrease […]
By John Lee. Iraqi security forces have allegedly escalated their violence against contract workers at the South Refineries Company (SRC), who were said to have been peacefully protesting for permanent contracts. In a joint statement, IndustriALL affiliates, the General Federation of Oil, Gas and Petrochemical Unions in Iraq (GFOGPUI), the General Union of Oil Workers, […]
By John Lee. Oil Minister Hayyan Abdul Ghani commended the recent achievements in the refining sector during his visit to the Midland Refineries Company (MRC) on May 21, 2024. Accompanied by Deputy Minister for Distribution Affairs Ali Maarij, Abdul Ghani acknowledged the ministry and companies' efforts in adding 360,000 barrels per day of refining capacity […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani presided over the signing ceremony for the Faw Refinery Investment Project, a significant initiative within the framework of Iraq's plan to expand refining capacities and attract foreign investment. The project, a collaboration between the Ministry of Oil's South Refineries Company (SRC) and the China National Chemical Engineering […]
By John Lee. Iraq's Deputy Minister of Oil for Refining Affairs emphasized the government's and ministry's focus on increasing refining capacity and improving production at national refineries to achieve self-sufficiency and gradually transition to exporting refined products to global markets. Deputy Minister Hamed Younis highlighted that the dedicated efforts of the South Refineries Company (SRC) […]
By John Lee. The Ministry of Oil has opened the largest and most advanced oil training center in Basra, in collaboration with the Japanese company JGC. Hamed Younis, the Deputy Minister of Oil for Refining Affairs, emphasized the ministry's strong focus on training, qualifying, and developing the skills of workers in the oil sector. He […]
