Remove Field Remove Petroleum Remove Refinery
article thumbnail

Iraq Seals Major Oil Deal with Chinese Company

OilPrice

Iraqs government has signed a deal with Chinese Geo-Jade Petroleum to expand production at the Tuba oil field, build a refinery and two power plants. The refinery that Geo-Jade Petroleum will build will have a capacity of 200,000 barrels daily.

Refinery 311
article thumbnail

China Tightens Grip on Iraq’s Energy Future with Massive Basra Megaproject

OilPrice

Chinas Geo-Jade Petroleum has signed a swathe of major contracts that give Beijing control over Iraqs first fully integrated energy project.

Refinery 180
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MOL discovers new oil field in Western Hungary

Oil & Gas 360º

(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. Based on the well tests carried out prior to March 2025, the well is currently proven to be capable of producing 1,200 bpd, which is transported by truck to the Danube Refinery in Szzhalombatta. MOL has ambitious E&P investment plans.

Field 130
article thumbnail

Middle East Conflict Jolts Energy Markets

Enverus

The targeted nature of these strikes suggests a deliberate attempt to avoid major disruptions to international markets: the affected refinery and gas field serve Iran’s domestic consumption needs. Strategic Petroleum Reserve is depleted by 200 million barrels to 2021.

Energy 130
article thumbnail

MIDTAP Achieves Unprecedented Growth in Petroleum Trading, Zero Accidents, Injuries in 2024

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Karim Badawi attended the General Assembly meeting of the Middle East Oil Tankage & Pipelines (MIDTAP) company to discuss its 2024 performance. The total volume of petroleum products traded on the company’s marine dock reached 4.7 million tons in 2024, compared to 1.6

article thumbnail

MIDOR Achieves 63% Net Profit Surge in 2024, Boosting Production

Egypt Oil & Gas

This came during the general assembly meeting of the Middle East Oil Refinery (MIDOR), attended by the Minister of Petroleum and Mineral Resources, Karim Badawi, to discuss and review the companys fiscal year results in 2024.

article thumbnail

EPROM’s 2024 Net Profits Reached EGP 1.096B

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the proceedings of the General Assembly meeting of the Egyptian Company for Operation and Maintenance of Projects (EPROM) to review its 2024 business performance. The post EPROMs 2024 Net Profits Reached EGP 1.096B first appeared on Egypt Oil & Gas.