First in Iraq: AI to Monitor Oil Wells
Wedoany.com Report-Feb 27, Midland Oil Company, a state-operated entity in Iraq, has implemented artificial intelligence to oversee oil wells in the East Baghdad field, marking a pioneering effort in ...
Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Wedoany.com Report-Feb 24, Oil prices slipped in Asia on Monday, extending losses from last week, on the prospect...
Kurdistan Region’s Oil Exports to Resume Next Week, Iraqi Minister Says
Iraqs Oil Minister Hayan Abdel-Ghani attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministrys headquarters in Baghdad, Iraq, May 11, 2024. Wedoany....
East Baghdad Oil Field Reserves Rise to 15 Billion Barrels
Workers adjusting valves in an oil facility in Iraq. Wedoany.com Report-Feb 12, The East Baghdad field, one of the most important oil fields in Iraq, recently had a massive find that increased its re...
GE Vernova Completes Mammoth Turbine Upgrades in Iraq
Wedoany.com Report-Feb 7, The Ministry of Electricity in Iraq and GE Vernova have completed upgrades at several key power plants, enhancing the performance and output of existing GE Vernova generating...
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before. Wedoany.com Report-Feb 4, OPEC’s oil production edged lower last month fol...
Iraq Declares Discovery of Huge Oil Field
The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil field Wedoany.com Report-Jan 21, Mohammed Yassin Hassan, director general of the compan...
Basrah Crude Prices Surge Over 5% as Oil Markets Recover
Wedoany.com Report-Jan 15, Basrah crude oil prices climbed more than 5%. Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79, or 4.94%, to...
China Expands Operations Across Iraq’s Huge West Qurna 1 Oil Field
Wedoany.com Report-Jan 14, The history of the Middle East since the 1990s has been in many aspects been defined by China’s need to secure sufficient energy to power its economic growth to rival ...
Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US
Wedoany.com Report-Jan 6，The US Energy Information Administration (EIA) announced on Saturday that Iraq was the second-largest oil exporter to the United States during the past week, surpassing Saudi A...