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IBBC Conference: Iraq Prioritises Gas Investment to Boost Growth

Iraq Business News: Oil & Gas

He cited the reactivation of fifth licensing round contracts, the development of Akkas (400 mmscfd) and Mansouriya (300 mmscfd) gas fields, and the award of 14 new gas exploration blocks. On renewable energy, Iraq has secured commitments for 8,000 MW of solar power at oil field sites.

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Upstream Midstream Downstream – What is the Difference?

Aresco

Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells. Key Processes: Transportation via pipelines, rail, trucks, or ships; storage in tanks or other facilities; and marketing for wholesale distribution. This includes both onshore and offshore activities.

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Investment Opportunities in the Oil and Gas Sector

Nestoil

The benefit here lies in the high profitability associated with discovering and producing new oil and gas fields, especially when oil prices are high. Midstream Investments; Transportation and Storage : The midstream sector focuses on transporting and storing oil and gas from production sites to refineries and end-users.

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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. The country’s first field began producing in 1958 at a rate of 5,100 BPD. The government has been fighting the illicit refineries for years. How did this happen?

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Software Is the Missing Piece to Oil & Gas Digital Transformation

Coolfire Core

Similarly, accidents from pipeline leakage to oil spills can incur large fines and significant reputational damage. Smart companies are investing in proactive monitoring through the IoT, replacing intermittent manual checks on pipelines, pumps, and filters with more efficient and accurate automatic checks.

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

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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Sierra Club Asks Court to Ban Use of Legacy DOT-111 Tank Cars

The Energy Law Blog

As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.