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Iraq announces plans to use clean energy to support gas projects

Asharq Al-Awsat: Iraq’s Oil Minister Ihsan Abdul Jabbar announced Saturday that Iraq would rely on green energy to invest in gas and produce renewable energy. During his participation at a workshop organized by the International Energy Organization (IEA), the Minister stressed the government and ministry’s keenness on supporting clean energy projects. This support is represented […]

September 13, 2021 Read More →

TotalEnergies plans 1 gigawatt solar farm in southern Iraq

PV Tech: French energy major TotalEnergies has agreed to build a 1GW solar farm in the Basra region of southern Iraq in a deal that also sees substantial investments in new gas networks and seawater treatment totalling US$10 billion. It is Total’s second GW-scale project in the country after signing an agreement with Iraq’s Ministry […]

September 7, 2021 Read More →

Iraq urges other OPEC nations to move to renewable energy production

The Guardian: The finance minister of Iraq, one of the founding members of the global oil cartel Opec, has made an unprecedented call to fellow oil producers to move away from fossil fuel dependency and into renewable energy, ahead of a key Opec meeting. Ali Allawi, the deputy prime minister and finance minister of Iraq, […]

September 1, 2021 Read More →

Masdar inks deal with Iraq for 2 GW of solar projects

PV Tech:  Abu Dhabi-based renewables company Masdar has signed an agreement to develop solar projects in Iraq with a minimum total capacity of 2GW. The plants will be built in central and southern Iraq and support the country in its ambition to procure 25% of its energy from renewables, Oil Minister Ihsan Abdul Jabbar Ismail […]

June 28, 2021 Read More →

Africa at highest risk of instability as oil and gas production wanes When it comes to the final frontier for big oil discoveries, it’s not the Guyana-Suriname basin where supergiants like ExxonMobil (NYSE:XOM), Hess Corp. (NYSE:HES), and CNOOC (NYSE:CNOOC) have already staked their claims. And it’s not the American shale patch, where production has hit reverse gear with no end in sight. It’s Africa, where even […]

April 26, 2021 Read More →

France’s Total to build 1GW of solar projects in Iraq

PV Tech: French energy major Total has signed an agreement with Iraq’s Ministry of Oil to develop a host of energy projects in the country, including 1GW of solar PV. The agreement, which builds on discussions between Total and the Iraqi government that began in October last year, has seen the two entities agree on […]

March 31, 2021 Read More →

Iraq looking to move forward with 750MW of new solar generation capacity

Reuters: Iraq is seeking international investors to build seven solar power plants, with a total capacity of 750 megawatts (MW) as it aims to develop its renewable energy potential. Keen on expanding its small power generation capacity, Iraq is in talks with some of the international companies, including French Total and Norwegian companies to discuss […]

February 22, 2021 Read More →
IEEFA: Dalrymple Bay Infrastructure overvalued, overleveraged, over-promised, likely to under-deliver

IEEFA: Dalrymple Bay Infrastructure overvalued, overleveraged, over-promised, likely to under-deliver

Stock market listing slated for 8 December

Coal port operator Dalrymple Bay Infrastructure (DBI) will commence trading on the Australian Stock Exchange (ASX) on Tuesday 8 December. Under the offer, present owner Brookfield Asset Management (Brookfield) is seeking to raise at least A$656 million, equating to a market value (for 100% of the equity) of A$1.3 billion. If defensible, the valuation would […]

December 7, 2020 Read More →