Iraq to initiate talks with Chevron to develop energy projects: oil ministry

The country’s oil ministry has said that Iraq has allowed state-run Iraqi National Oil Co. to start negotiations with Chevron to develop fields in the southern province of Dhi Qar. Development could include four exploration blocks and other potential projects such as gas development and solar power plants. The Nasiriyah fields in Dhi Qar could initially produce 600,000 b/d of crude over a seven-year period, the ministry said.