Tag Archives: PetroChina

BAGHDAD: Iraq is planning a $53 billion mega project with global energy giants ExxonMobil and PetroChina to use seawater from the Persian Gulf to boost oil production, Prime Minister Adel Abdul-Mahdi announced on Tuesday. The 30-year project would boost output from Iraq’s southern oil fields, and includes designs to capture natural gas, which is lost to flaring under current practices, …

Read More »