Tag Archives: Gas

Iraq Set to Shift Economic Focus Away from Oil by 2028, Asserts Prime Minister al-Sudani

Iraq’s Prime Minister,Mohammed Shia al-Sudani, on Wednesday said that Iraq would no longer remain dependent on oil, highlighting that “ready alternatives” will be available after 2028. In a meeting with the Iraqi-American Business Council delegation, led by the Council President and Deputy Head of the U.S. Chamber of Commerce for …

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Oil prices, oil stocks surge on OPEC+ move

Oil prices surged on Monday after Iraq, Saudi Arabia and other OPEC+ producers announced a surprise cut in their output target, a move that rippled through stock markets, though the dollar failed to hold onto its early gains. Brent crude futures looked set for its biggest daily percentage gain in …

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Al-Sudani heads a meeting on the Integrated Gas Development Project with Total’s CEO

Iraq’s Prime Minister Mohammad Shia al-Sudani on Thursday headed an expanded meeting to discuss an integrated gas project with French Total Energies’ CEO Patrick Pouyanné. According to an official readout, the meeting discussed gas investments in Iraq, including a 600-MMSCF, flared gas plant, the Artawi oilfield, a seawater desalination project, …

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Hard winter ahead for Europe – Erdogan

The entire continent wonders how it will get through the season, Turkey’s president said European countries are about to face significant difficulties this winter amid limited deliveries of Russian natural gas, Turkey’s President Recep Tayyip Erdogan said on Sunday. Speaking at the TUGVA youth forum, Türkiye’s leader noted that the …

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