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Iraq sweetens new oil project terms, blames Shell for delay 27 Aug 2013 | 05:00 am
Iraq has offered investors more lucrative terms to tap a large oilfield and build a refinery, while blaming Royal Dutch Shell for underproducing billions of dollars’ worth of crude.
Iraq seeks investment in oil and gas sector 27 Aug 2013 | 05:00 am
The Iraq Mega Projects Conference and Exhibition, organised by the CWC Group, has announced a series of Governor-led province breakfasts to boost upstream investment and infrastructure solutions that ...
Iraq oil export anticipated to rebound from second half of September 26 Aug 2013 | 05:00 am
As per the sources of Reuters, the export of the oil of Iraq is unlikely to fall as much as expected when it proceeds with maintenance next month at its southern terminals. On the other hand, shipping...
Total reliance on oil revenues may lead to catastrophic consequences to economy 26 Aug 2013 | 05:00 am
Iraq’s Tax Authority has warned against what it described as total reliance on oil export revenues.
Northern Iraq to Turkey oil flow halted due to sabotage 25 Aug 2013 | 05:00 am
According to the report of Daily Radikal, Oil flow has been halted on the Kirkuk-Ceyan Oil Pipeline, Turkey’s main oil route, following three bomb attacks in the morning hours of last Thursday.
Navigation law between Iraq and Kuwait is important for flexible navigation of Iraqi ships 25 Aug 2013 | 05:00 am
Aziz Mayahi, the MP of the national bloc, stated that “the vote on the Convention on the Regulation of Maritime Navigation between Iraq and Kuwait in the port of Khor Abdullah ratification would allow...
Economic committee mentioned Central Bank of Iraq’s measures as ‘failed’ 25 Aug 2013 | 05:00 am
The parliamentary economic committee has described the effort of the Iraqi Central Bank for maintaining the value of Iraqi dinar as ‘failed’. It has to be noted that recently the Central bank of Iraq ...
Exxon sold more than 50% stake on Iraqi West Qurna oilfield to PetroChina and Pertamina 25 Aug 2013 | 05:00 am
On this Friday, Iraq’s Oil Minister confirmed that the Exxon Mobil is selling over half of its 60 percent holding in Iraq's West Qurna-1 oilfield project to China's biggest energy firm PetroChina and ...
Money Laundering to Be in Billions in Iraq – Estimated by the Officials 25 Aug 2013 | 05:00 am
Economic and political circle of Iraq confirmed that the country is undergoing intense money laundering issues of late. Weak monitoring system and political conflictions are resulting in such harmful ...
Technical assistance to be offered to Iraq by Lebanon 24 Aug 2013 | 05:00 am
The finance ministry of Lebanon is ready for offering technical assistance to its Iraqi counterpart, as per the statement of Lebanese institution.
