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Energy

Ukrainian firm takes over Kogas contract for Akkas

Ukrzemresurs agrees to bring the dry gas field to 400 million scf/d production within four years in a deal that also finalizes Kogas's exit.

Maksym Mustafin, the CEO of Ukrzemresurs (seated, left), signs an agreement to take over the contract for developing the Akkas gas field at a signing ceremony attended by Oil Minister Hayyan Abdulghani (standing, center) and other Oil Ministry leaders on April 24, 2024. (Photo credit: Oil Ministry)

Momentum for Fao refinery project

Chinese consortium is expected in Baghdad for a signing ceremony this month to finalize a deal for a 300,000 bpd refinery complex.

Iraq crude exports steady in March

Oil sales were undiminished in March despite the Oil Ministry recommitting to supplemental OPEC-plus cuts that now extend through June.