oil discovery

Latest news and articles about oil discovery from NEX English

Discover New Oil Reserves in Iraq to Boost Economic Development

The Iraqi Ministry of Oil has announced a new oil discovery in the western Najaf region, reflecting ongoing efforts to enhance the country's oil production. This discovery comes as the government seeks to increase its oil revenues and achieve economic stability.

Discover New Oil Reserve in Iraq Estimated at 9 Billion Barrels

Iraqi Oil Minister Hayan Abdul-Ghani announced a new oil discovery near the Saudi border, estimated to hold around <strong>9 billion barrels</strong>. This announcement was made during a meeting with a delegation from the Chinese company 'Zhenhua' that conducted the exploration in the 'Al-Qarnain' area.