Iraq Business News: Oil & Gas

FEBRUARY 9, 2025

Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion. By John Lee.

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Iraq Business News: Oil & Gas

FEBRUARY 5, 2025

Al-Sudani has overseen the signing of an $800-million contract for the expansion of Al-Diwaniya Refinery , adding a 70,000 barrel-per-day (bpd) atmospheric distillation unit to raise total capacity to 90,000 bpd. Source: PMO) The post $800m Iraqi Refinery Expansion Project Signed first appeared on Iraq Business News. By John Lee.

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Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

The Iraqi Council of Ministers has approved an increase in the consultancy contract amount for the Basra Refinery Development / Fluid Catalytic Cracking (FCC) Project with Japan's UNICO and France's Technip. Source: PMO) The post Increased Consultancy Contract for Basra Refinery Project first appeared on Iraq Business News.

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Aresco

MARCH 13, 2025

AI models analyze real-time data from drilling sites, pipelines, and refineries, adjusting operations to optimize production and efficiency. AI-powered systems can fine-tune extraction techniques, monitor pipeline integrity, and adjust refinery processes to maximize output while reducing the risk of inefficiencies.

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Oil Gas Leads

MARCH 10, 2025

” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution. Energy-driven industrial growth Power plants, data centers, and refineries are driving new demand. With 6,000 wells drilled in 2024 , this region remains the largest driver of U.S.

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Rextag

FEBRUARY 24, 2025

Haynesville (Louisiana & East Texas) LNGs Key Driver 2023-2024 Overview Unlike the Permian Basin, which primarily drives crude oil growth, Haynesville is the primary engine behind U.S. Gulf Coast refineries. LNG export expansion. Brazil's offshore pre-salt production is a key driver as Petrobras ramps up new deepwater projects.

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