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West Qurna Field
West Qurna () is one of Iraq's largest oil fields, located north of Rumaila field, 65 km northwest of Basra. West Qurna is believed to hold of recoverable reserves – making it one of the biggest oil fields in the world. Until 2009, the field was closed to Western firms. Phases West Qurna Phase I In November 2009, an ExxonMobil - Shell joint venture won a $50 billion contract to develop the ''West Qurna Phase I''. As per Iraqi Oil Ministry estimates, the project required a $25 billion investment and another $25 billion in operating fees creating approximately 100,000 jobs in the underdeveloped southern region. ExxonMobil was to increase the production from within seven years. The Iraqi government, in turn, was to pay $1.90 per barrel produced by ExxonMobil-Shell alliance. In November 2023, PetroChina took over as the main operator of West Qurna 1, replacing ExxonMobil. West Qurna Phase II In December 2009, Russia's Lukoil and Norway's Statoil were awarded the rights to d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iraq
Iraq, officially the Republic of Iraq, is a country in West Asia. It is bordered by Saudi Arabia to Iraq–Saudi Arabia border, the south, Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq border, the east, the Persian Gulf and Kuwait to the Iraq–Kuwait border, southeast, Jordan to Iraq–Jordan border, the southwest, and Syria to Iraq–Syria border, the west. The country covers an area of and has Demographics of Iraq, a population of over 46 million, making it the List of countries by area, 58th largest country by area and the List of countries by population, 31st most populous in the world. Baghdad, home to over 8 million people, is the capital city and the List of largest cities of Iraq, largest in the country. Starting in the 6th millennium BC, the fertile plains between Iraq's Tigris and Euphrates rivers, referred to as Mesopotamia, fostered the rise of early cities, civilisations, and empires including Sumer, Akkadian Empire, Akkad, and Assyria. Known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PetroChina
PetroChina Company Limited () is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer. Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007,Analysts express optimism about Chinese shares (Xinhuanet.com, with source from ''Shanghai Daily'') and subsequently entered the constituent of SSE 50 Index. In the 2020 ''Forbes' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ExxonMobil Oil And Gas Fields
Exxon Mobil Corporation ( ) is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the largest direct successor of John D. Rockefeller's Standard Oil, the modern company was formed in 1999 following the merger of Exxon and Mobil. It is vertically integrated across the entire oil and gas industry, as well as within its chemicals division, which produces plastic, synthetic rubber, and other chemical products. As the largest U.S.-based oil and gas company, ExxonMobil is the seventh-largest company by revenue in the U.S. and 13th-largest in the world. It is the largest investor-owned oil company in the world. Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%). The company has been widely criticized and sued, mostly for environmental incidents and its history of climate change d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Fields Of Iraq
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from -4; we might wonder whether there's a point at which it's appro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Qurnah
Al-Qurnah (Kurnah or Qurna, meaning connection/joint in Arabic) is a town in southern Iraq about 74 km northwest of Basra, that lies within the conglomeration of Nahairat. Qurna is located at the confluence point of the Tigris and Euphrates rivers to form the Shatt al-Arab waterway. Local folklore holds Qurnah to have been the original site of biblical paradise, the Garden of Eden, and location of the Tree of Knowledge. History Local folklore holds Qurnah to have been the site of the Garden of Eden and the location of a city built by general Seleucus Nicator I. An ancient tree is celebrated locally and shown to the tourists as the actual Tree of Knowledge of the Bible. The tree died some time ago and replacement trees were planted. The tomb of Ezra is also described to be nearby and found further upstream on the river Tigris. In 1855, Al Qurnah was the site of the Qurnah Disaster, in which local tribes attacked and sank a convoy of a ship and rafts carrying 240 cases of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petronas
Petroliam Nasional Berhad, commonly known as PETRONAS (stylised in all caps), is a Malaysian Multinational corporation, multinational petroleum, oil and natural gas, gas company headquartered in Kuala Lumpur. Established in 1974, it is a legal entity incorporated under the Companies Act 1965, Malaysian Companies Act 1965 and reports to the company's Board of Directors. Petronas is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Petronas is a Vertical integration, vertically integrated company and actively in all areas of the oil and gas industry, including Hydrocarbon exploration, exploration and Extraction of petroleum, extraction, refining, Midstream, distribution and marketing, power generation, and Trade, trading. Petronas has operations in over 100 countries and has sales office in 22 countries, produced around 9 billion Barrel of oil equivalent, barrels of oil equivalent and 50 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Petroleum Corporation
The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing, Dongcheng District, Beijing. CNPC was ranked fourth in 2022 Fortune Global 500, a global ranking of the largest corporations by revenue. Corporate structure CNPC is the government-owned parent company of publicly listed PetroChina, which was created on November 5, 1999, as part of the restructuring of CNPC. In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its hydrocarbon exploration and production, Oil refinery, refining and marketing, chemicals and natural gas businesses. CNPC and PetroChina develop overseas assets through a joint venture, the CNPC Exploration & Development Company (CNODC), which is 50% owned by PetroChina. In March 2014, CNPC Chairman Zhou Jiping announced that CNPC would be opening six ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upstream (newspaper)
''Upstream'' is an independent oil and gas industry upstream sector news site. The publication is owned by DN Media Group. It is headquartered in Oslo, Norway. The newspaper covers the upstream sector of the global oil and gas industry with full-time staff correspondents in all the major centres of the industry. It is published every Friday. Upstream had full-time reporters based in its head office in Oslo, as well as bureaux and correspondents in London, Moscow, Accra, New Delhi, Singapore, Wellington, Rio de Janeiro and Houston. Its editor in chief is Leia Parker. The newspaper was founded in 1996 to compete with well-established rivals including ''Oil & Gas Journal'', '' Petroleum Intelligence Weekly'', and '' Offshore Engineer''. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry. Coverage includes exploration, field development, contracts, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fox News
The Fox News Channel (FNC), commonly known as Fox News, is an American Multinational corporation, multinational Conservatism in the United States, conservative List of news television channels, news and political commentary Television station, television channel and website based in New York City, U.S. It is owned by Fox News Media, which itself is owned by Fox Corporation. It is the most-watched cable news network in the U.S., and as of 2023 it generates approximately 70% of its parent company's pre-tax profit. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Fox News provides a service to 86 countries and territories, with international broadcasts featuring Fox Extra segments during advertising breaks. The channel was created by Australian-born American media mogul Rupert Murdoch in 1996 to appeal to a conservative audience, hiring former Republican Party (United States), Republican media consultant and CNBC executive Roger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
