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Iraq signs agreement with Orion to process natural gas from southern oilfield

  • Iraq’s oil output is expected to reach five million barrels per day by end-2017 (Reuters) Baghdad (IraqiNews.com) Iraq has announced signing an agreement with the U.S. firm Orion to invest in natural gas extracted from an oilfield, located south of Iraq, and tu into usable fuel.The memorandum of understanding signed between the Iraqi Ministry of Oil and the U.S. firm representatives allows building facilities to capture the gas from Nahr bin Omar oilfield in Basra province, Reuters reported. The ministry has not revealed yet the volume of investments in the oilfield or the expected revenues. Earlier this month, the ministry announced reaching an agreement Orion to invest in the associated natural gas from the southe oilfield, operated by the state-run Basra Oil Company, which produces more than 40,000 barrels of crude oil and 25 million cubic feet of gas daily. This came after the minister Jabbar al-Luaibi urged the US oil companies to compete for the investment projects offered by the ministry. In November, the ministry called on inteational companies to bid for investments to look for, develop and produce oil and gas in nine regions in Iraq. Iraq has oil reserves of aro, ...ادامه مطلب

  • Rahman Legion foils Syrian army assault in Rif Dimashq

  • Members of the pro-opposition Rahman Legion. Rif Dimashq (Syria News) The opposition’s Rahman Legion managed, on Sunday, to foil a Syrian army offensive on the town of Ayn Tarma, in Rif Dimashq, Qasioun News reported. Rahman Legion (Faylaq al-Rahman) has announced in an official statement that its troops managed to kill several soldiers belonging to the army’s 4th brigade, in the outskirts of , ...ادامه مطلب

  • Islamic State sets oil wells on fire, urges militants evacuate villages in Hawija

  • Fire rises from oil wells, set ablaze by Islamic State militants before fleeing the oil-producing region of Qayyara, Iraq, which has been recaptured by Iraqi forces, August 29, 2016. REUTERS/Azad Lashkari Kirkuk (IraqiNews.com) Islamic State has set oil wells in southwest of Kirkuk on fire to hinder advance of security troops, hours after the launch of offensives to liberate the group’s hold, ...ادامه مطلب

  • Gunmen steal IQD 400 million belonging to oil ministry

  • Representational photo. Baghdad (IraqiNews.com) Gunmen have stolen IQD 400 million belonging to the Iraqi ministry of oil, Alsumaria News reported on Sunday. A source from the police told Alsumaria that a group of gunmen stole today IQD 400 million belonging to the oil ministry, in the capital B, ...ادامه مطلب

  • Iraqi airstrikes target IS militants in Syria to foil attacks against holy shrines

  • Representational photo. (IraqiNews.com) Dozens of Islamic State militants were killed as Iraqi intelligence carried out airstrikes in Syria to foil attacks against holy shrines in Najaf, Karbala, Samarra, the Great Mosque of Kufa and the influential Shiite Cleric Ayatollah Ali al-Sistani, the go, ...ادامه مطلب

  • Ten IS members killed as paramilitary troops foil attack near Iraqi-Syrian borders

  • Security forces, backed by al-Hashd al-Shaabi, managed to seize a factory for making car bombs and improvised explosive devices (IEDs). REUTERS (IraqiNews.com) Ten Islamic State militants were killed as the Shia-led paramilitary troops thwarted an attack near the Iraqi-Syrian borders, the media , ...ادامه مطلب

  • Car bombing foiled, driver arrested west of Baghdad

  • Aftermath of Baghdad car bomb explosion. File photo. Baghdad (IraqiNews.com) A joint security force detonated a booby-trapped vehicle and arrested its driver at a checkpoint west of Baghdad, a security source was quoted saying. A security source told Baghdad Today that a security force, backed b, ...ادامه مطلب

  • Syrian army forces retake Rmelan town, Dam and 15 oil wells near Dbissâne

  • Representational photo. Raqqa (Syria News) Syrian army troops managed, on Wednesday, to recapture the town and dam, in addition to several oil wells and a gas field, near Dbissâne, a military source told Tishreen Online. The source said in a statement that the troops of the Syrian army recapture, ...ادامه مطلب

  • Iraq inks oilfield development contract with Baker Hughes

  • Under the contract, Baker Hughes will develop advanced solutions for flare gas at the al-Nassiriya and al-Gharraf oilfields. (Reuters) Baghdad (IraqiNews.com) Iraq’s Oil Minister Jabar Ali al-Luaibi signed on Monday a contract with Baker Hughes, a General Electric company, for a fast track flare, ...ادامه مطلب

  • Syrian opposition foils regime forces attack on Ayn Tarma

  • Representational photo. Damascus (Syria News) Syrian opposition fighters managed, on Thursday, to foil an extensive attack launched by the regime forces on the outskirts of Ayn Tarma Village, in the easte countryside of Damascus. Qasioun News reported that the Syrian rebels foiled the regime f, ...ادامه مطلب

  • Iraq’s oil minister orders set up of oil city in Maysan

  • Oil Minister Jabar al-Luaibi speaks during news conferance in Basra, Iraq March 15, 2017. REUTERS/Essam Al-Sudani Baghdad (IraqiNews.com) Iraq’s Oil Minister Jabar Ali al-Luaibi has ordered to establish an integrated oil city in Maysan Goveorate, noting that the city will pave the way for othe, ...ادامه مطلب

  • Iraqi troops foil IS attack, kill twenty militants, western Anbar

  • Islamic State fighters on pickup trucks in Anbar, west of Iraq. Anbar (IraqiNews.com) Iraqi forces have foiled a huge attack by Islamic State in a village, west of Anbar, Sputnik news agency reported. “IS militants attacked the Iraqi army and the tribal forces in al-Sakra village, west of Hadith, ...ادامه مطلب

  • Oil languishes near multi-month lows on glut fears

  • A worker fills a tank with subsidized fuel at a fuel station in Jakarta April 18, 2013. REUTERS/Beawiharta (Reuters) Oil prices held near multi-month lows on Wednesday as investors discounted evidence of strong compliance by OPEC and non-OPEC oil producers with a deal to cut a global output. Glo, ...ادامه مطلب

  • Syrians fear new Raqqa turmoil once Islamic State is defeated

  • FILE PHOTO: Graduates of a U.S.-trained police force, which expects to be deployed in Raqqa, salute during a graduation ceremony near Ain Issa village, north of Raqqa, Syria, June 17, 2017. REUTERS/Goran Tomasevic/File Photo Raqqa (Reuters) U.S.-backed forces are closing in on Islamic State in R, ...ادامه مطلب

  • Eight IS militants killed as paramilitary troops foil attack, west of Mosul

  • Members of al-Hashd al-Shaabi. File photo. Mosul (IraqiNews.com) The paramilitary troops have killed eight Islamic State militants as an attack against south of Mosul was thwarted. In a statement on Tuesday, Al-Hashd Al-Shaabi (Popular Mobilization Units) said IS militants “attacked the defense , ...ادامه مطلب

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