Russian Firms Set to Restart Oil Projects in Kurdistan

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Russian Firms Set to Restart Oil Projects in Kurdistan

Russian oil companies will soon be able to restart their oil projects in Kurdistan after the semi-autonomous Iraqi region and the federal government of Iraq resolved all their disagreements regarding oil production and exports, Russian Energy Minister Sergei Tsivilev said on Thursday. “We received crucial information [from the Iraqi authorities], and both the minister and the prime minister assured us that the issues related to disagreements bet…

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Iraq has named Ali al-Shatari as the new director general of the State Oil Marketing Organization (SOMO), succeeding Khudhyer Abed. Al-Shatari will also be Iraq’s governor in OPEC. SOMO, which is responsible for marketing all of Iraq’s crude oil, is expected to take on a larger role managing oil production from the Kurdistan Region, following the resolution of a nearly two-year dispute between the autonomous region and the federal government in …

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February 27, 2025 Baghdad/Al-Masala: The Middle Oil Company announced, on Thursday, the introduction of artificial intelligence technology to monitor... The article Artificial intelligence monitors oil wells in Iraq appeared first on Al-Masala.