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ExxonMobil Turn Overs West Qurna 1 Oilfield Operations to PetroChina

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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Chinese Company Replaces Exxon At Major Iraqi Oil Field

After having made clear its intention to exit Iraq’s oil industry, Exxon has now been replaced by PetroChina as the operator of the West Qurna 1 oil field in Iraq. ....

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Basra Oil Co. head expects Qatar to take 20-25% stake in TotalEnergies' Iraq project

BASRA: The head of Iraq's Basra Oil Co. told Reuters on Wednesday that he expects Qatar to acquire a 20-25 percent stake in TotalEnergies' $27 billion cluster of energy projects in the country, with the Baghdad government aiming to hold around 40 percent. A major investment in the projects by a Gulf state would be an important win for Iraqi Prime Minister Mohammed al-Sudani, ....

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U.S. crude ends below $95/bbl as EU tweaks Russian oil sanctions | Hellenic Shipping News Worldwide

U.S. crude ends below $95/bbl as EU tweaks Russian oil sanctions | Hellenic Shipping News Worldwide
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