Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production.

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Gas Exploration and Production Oil Pipeline 52

Oil Gas Leads

MARCH 8, 2025

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Additional crude and NGL gathering expansions.

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Basin Natural Gas Pipeline BCF 52

Oil Gas Leads

MARCH 11, 2025

Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.

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Energy Energy Basin Midstream 52

Oil Gas Leads

MARCH 8, 2025

During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. energy production.

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Basin Midstream Pipeline Oil 52

Rextag

FEBRUARY 24, 2025

However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 This pipeline has significantly reduced flaring, stabilized natural gas prices at the Waha hub, and enabled higher oil production by ensuring gas associated with oil drilling can be transported efficiently. Bcf/d of takeaway capacity. MMBbl/d , a 0.3

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Basin Oil Gas Exploration and Production 40