Country: Iraq
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Independent Chinese Companies Drive Oil Investment Boom in Iraq
Independent Chinese companies are reportedly crowding into the Iraqi oil sector. Representatives from four Chinese companies recently said their combined output will reach 500,000 barrels per day by 2030, a 100% increase from current levels. The investment boom comes as smaller
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Iraq Signs Mega-Energy Deal With Chinese Oil Firm
Iraq signed a major energy deal Wednesday with a Chinese petrol company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants. China has gained a major foothold in oil-rich Iraq in recent ...
China’s Xi Says Wants to Deepen Energy Cooperation With Arab States
Chinese leader Xi Jinping said Thursday he would seek to deepen energy cooperation with Arab states as he addressed a forum of regional leaders and diplomats in Beijing. China, which has ramped up diplomatic exchanges with Middle Eastern leaders in recent ...
Chinese Firms Win Most Bids to Explore Iraq Oil and Gas
Chinese energy companies won bids to explore 10 Iraqi oil and gas fields during new licensing rounds, ahead of any other foreign country, Iraq's oil ministry said Monday. Seven Chinese companies, including Sinopec, UEG, CNOOC Iraq, and Anton Oilfield, won 10 ...
China’s Growing Influence in the Persian Gulf
It wasn't that long ago the Persian Gulf was a no-go zone for Chinese diplomacy. Back then, China didn't source much energy from Gulf countries, and its diplomats were ill-equipped to handle the region's contentious politics. That is no longer the ...
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo
The Two Sessions, China’s most important annual political gathering, where leaders unveil economic targets and policy priorities, closed in Beijing earlier this month just as the U.S.-Israeli war on Iran was intensifying. The timing was not coincidental. The 15th Five-Year Plan had been in ...
