12:27 PM EDT, 04/08/2025 (MT Newswires) -- Questor Technology ( QUTIF ) shares were last seen up 42% on Tuesday as it won a $2.4 million contract to supply clean combustion solutions in Iraq.

This Middle East and North Africa (MENA) initiative aims to "significantly reduce flaring and methane emissions." This is the second unit being supplied in the MENA region for the same client, a global exploration and production company.

Iraq is the sixth-largest oil producer globally, with production exceeding 4.4 million barrels per day. Questor's clean combustion solution will installed at the Al Ratawi oilfield to reduce emissions in line with Iraq's Nationally Determined Contribution guidelines.

The company's shares were last seen up $0.095 to $0.32 on the TSX Venture Exchange.

Price: 0.32, Change: +0.10, Percent Change: +42.22