Prices for renewable fuel credits cracked the $1 barrier Friday and RBOB prices settled sharply higher as the war of words over who is to blame for skyrocketing credits prices also escalated. The price for the traded Renewable ...
Tags: renewable fuel, skyrocketing credits prices, RBOB price
Shanghai-based Chinese steel giant Baosteel Group has announced that the X70 line pipe steel produced by its Xinjiang-based subsidiary Bayi Steel has successfully passed tests carried out by PetroChina Co., and so Bayi Steel has become a ...
Tags: Line Pipe Steel, Pipe Steel, Steel
MP Suzan al-Saad, a member of the Oil and Energy Parliamentary Committee, has announced that a committee is to be formed to solve the problems of the employees at the South Oil Company (SOC), who have been protesting against working ...
France-based pipe manufacturer Vallourec has announced that its new finishing plant in Dammam, Saudi Arabia is now fully qualified to carry out all operations required in the production of premium connections. The new finishing plant is ...
Tags: pipe manufacturer, pipe, Vallourec
The Missan Oil Company (MOC) has announced the completion of the exploratory oil well in the Deema-1 [Dima-1] formation. Oil Minister Abdul Kareem Luaibi [Elaibi] said that the Deema oil field, which is located in Maysan governorate, was ...
Tags: Missan Oil, oil well, oil
Missan Oil Company has announced that the US company Weatherford has successfully completed an oil well at the Bazargan field. It has also rehabilitated another well in the same field, and one at the Faqa oil field. According to a ...
Tags: Missan Oil Company, Weatherford, oil well
For weeks, numerous Iraqi politicians have been speaking about a bundle of development projects in the country, including reviving the thousands of border villages that were abandoned and decimated during the Iran-Iraq war. However, some ...
Tags: Iraqi politicians, development projects, border villages
On February 4, Hebei Province-based Chinese steel producer Hebei Iron and Steel Group announced that it has won a tender to supply construction steel to Wudonghe Hydroelectric Power Station at Jinsha River, a project of the Chinese ...
Tags: Hebei Steel, steel producer, Steel
Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq upstream petroleum witnessed three unprecedented interrelated developments post-2003: A grand opening to FDI;offering ...
Tags: Frameworks, Upstream Petroleum, Iraq
Shell said Thursday it remains on track to grow its oil and gas production by over 20% in the next five to six years, despite weak North American fuel prices continuing to dent the performance of its key upstream growth centre. ...
Tags: oil, gas production, fuel prices, North America
Minister for Mines and Energy Edison Lobao said Wednesday the proportion of ethanol added to gasoline would be increased from 20% to 25% on May 1. Speaking to reporters in Brasilia following a meeting with Finance Minister Guido ...
The Province of Missan has emerged as a major oil producer in Iraq as more of its oil fields come on stream. Ali Muaarij, the head of Missan Oil Company, said foreign firms are developing these fields and currently the province produces ...
Tags: oil, Iraq, oil industry
The China Petroleum Pipeline (CPP) company is said to be close to winning a $650-million contract to build a pipeline linking the southern oilfields in Maysan province to the al-Fao [al Faw] storage depots. The chief of state-run Maysan ...
Tags: China, Iraq, Oil Pipeline
BP said Monday it was too early to estimate when it could restart gas flows from its In Amenas fields in eastern Algeria two days after Algerian forces ended a bloody hostage crisis at the desert gas plant. "Production from the plant ...
Tags: BP, gas, Algerian Gas Plant, gas industry
ZIV Metering Solutions, an automation arm of the CG, has secured an order to supply 90 electric vehicle (EV) charging stations to the IBIL, the Spanish EV charging operator. The order includes Smart Grid-enabled charging stations that ...