Iraq Business News: Oil & Gas

MAY 8, 2025

Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices. Genel Energy has issued a trading and operations update relating to Q1 2025.

Energy 97

Energy Energy Exploration and Production Pipeline 97

Rextag

APRIL 16, 2025

42.5%), drilled the Far South exploration well in Green Canyon Block 584, located in the western Gulf of America approximately 120 miles off the coast of Louisiana. million barrels of oil equivalent per day globally by 2030, with approximately 1 million barrels expected from the U.S. Scale back direct investments in wind and solar.

Oil 52

Oil Upstream Exploration Well Exploration and Production 52

Rextag

MARCH 3, 2025

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million barrels per day by 2030.

Gas 40

Gas Oil Energy Energy 40

Oil & Gas 360º

MARCH 27, 2025

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. We think that between 2027 and 2030 its likely that the U.S. oil production is already beginning to plateau. (BOE Report) – U.S.

Oil 130

Oil Basin Barrel Hydraulic Fracturing 130