Who owns Iraq oil fields?
Iraq Petroleum Company
| Native name | شركة نفط العراق Türkiye Petrol Şirketi |
|---|---|
| Successor | Iraq National Oil Company |
| Headquarters | London , United Kingdom |
| Areas served | Iraq Middle Eastb |
| Owners | BP Royal Dutch Shell ExxonMobil Total S.A. Partex |
Who owns the oil in USA?
Contrary to popular belief, only about one percent of the shares of the five major oil companies are held by officers and directors of these companies. The rest is held by institutional investors and individual Americans, mostly in retirement accounts.
Which country owns the most oil?
Venezuela
Oil Reserves by Country
| # | Country | Oil Reserves (barrels) in 2016 |
|---|---|---|
| 1 | Venezuela | 299,953,000,000 |
| 2 | Saudi Arabia | 266,578,000,000 |
| 3 | Canada | 170,863,000,000 |
| 4 | Iran | 157,530,000,000 |
Who produces the cleanest oil in the world?
Of the oils analyzed, Tengiz offered the “cleanest,” least carbon-intensive petroleum. The Suncor Synthetic H oil pumped out of Canada, meanwhile, produced the most emissions—over 810 kilograms of carbon per barrel, compared with Tengiz’s 450 kg.
Who is the richest oil owner?
The 10 Richest Oil Magnates in the World
- German Khan – Net Worth: $10.1 Billion.
- Roman Abramovich – Net Worth: $14.5 Billion.
- Mikhail Fridman – Net Worth: $15.9 Billion.
- Vagit Alekperov – Net Worth: $24.9 Billion.
- Charles And David Koch – Net Worth: $46.4 Billion Each.
- Mukesh Ambani – Net Worth: $84.5 Billion.
What is the West Qurna Field in Iraq?
West Qurna Field. West Qurna ( Arabic: غرب قرنة ) is one of Iraq ‘s largest oil fields, located north of Rumaila field, west of Basra. West Qurna is believed to hold 43 billion barrels (6.8 ×109 m 3) of recoverable reserves. The field was closed to Western firms due to years-long sanctions.
What is the qurna-2 oil field?
West Qurna-2 field is located in the southern part of Iraq, 65 kilometers north-west of Basra, a major seaport city, and is one of the world’s largest fields. The field’s initial recoverable reserves come to around 14 billion barrels.
How many barrels of oil are in West Qurna?
West Qurna is believed to hold 43 billion barrels (6.8 × 10 9 m 3) of recoverable reserves. Until 2009, the field was closed to Western firms. 9 m 3) West Qurna Phase I.
What is Lukoil’s West Qurna Phase II oil field?
9 m 3) West Qurna Phase II oil field. The Lukoil-Statoil alliance will receive $1.15 per barrel that they produce. In addition, they will work to raise output from West Qurna 2 to 120,000 barrels per day (19,000 m 3 /d) by 2012 and 1.8 million barrels per day (290,000 m 3 /d) over a period of 13 years.