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40 results for “Energy Sector”
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Ministry of Oil Signs Contract with Halliburton to Develop Bin Umar and Sindbad Fields
The Ministry of Oil announced the signing of an integrated management contract to develop the Bin Umar and Sindbad fields with the American company Halliburton, as part of the Ministry's strategy to i...
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High-Level Iraqi-Turkish Talks to Enhance Energy Cooperation and Resume Oil Exports
A high-level Iraqi delegation, comprising officials from the Ministries of Oil and Foreign Affairs, as well as representatives from the Kurdistan Region, held official talks in the Turkish capital, An...
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Economic Expert Identifies Key Obstacles to Investment Boom in Iraq
Economic experts have emphasized that Iraq possesses promising investment potential that extends beyond the energy sector to include housing, industry, and agriculture, in addition to its strategic ge...
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Iraq Nears End to Economic and Environmental Waste by Stopping Associated Gas Flaring
Iraq's energy sector is on the verge of closing one of its most complex files, as it nears the end of associated gas flaring—a practice that has cost the country billions of dollars annually for decad...
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Reports Reveal Anticipated Understandings to Release Frozen Iranian Assets and Ease Energy Restrictions
Informed sources have revealed a draft of ongoing understandings encompassing comprehensive financial and economic clauses that could lead to the release of billions of dollars in frozen financial ass...
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Administrative Changes in Dhi Qar's Electricity Sector Approaching Summer
Informed sources reported the dismissal of the director of the electricity distribution branch in Dhi Qar province from his duties, and the appointment of a new figure to manage the branch. This step...
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Iraqi Minister of Electricity Directs the Formation of an Urgent Operations Room to Improve National Grid Stability
In an urgent move to address the energy crisis, the Iraqi Minister of Electricity has issued immediate directives to form a central operations room working around the clock to monitor the performance...
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OPEC+ Alliance Heads Toward Slight Production Increase Coinciding with UAE Exit
Informed sources in the energy sector revealed on Saturday (May 2, 2026) that the OPEC+ alliance has reached a preliminary agreement for a slight increase in oil production quotas for the upcoming mon...
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Monetary Policies in a Dilemma Between Curbing Inflation and Supporting Slowing Growth
According to Fitch Ratings, central banks face a real dilemma due to the fallout from the Middle East crisis. With oil prices igniting due to the Strait of Hormuz crisis, banks find themselves forced...
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Major Partnership Agreement with TotalEnergies Enters Effective Implementation
Technical staff at the Ministry of Oil, in cooperation with the French company TotalEnergies, have begun implementing four major projects within the Integrated Energy Agreement, valued at approximatel...
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Iraq Ranks Fifth in the Arab World in Supporting Global Economic Growth for 2026
Recent detailed IMF data revealed that Iraq ranked fifth in the Arab world in contributing to global economic growth this year. This important achievement is attributed to the increasing vitality of t...
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Expectations of Growing Foreign Investment in Iraq's Associated Gas Sector
Economic reports indicated increased interest from international companies in investing in associated gas projects in Iraq. These steps aim to reduce reliance on imported gas for power plants, which w...