'You could be looking at 1.5 million barrels in two years,' said a senior executive at one of the oil firms involved in Iraq. 'That could make a huge difference to the supply and demand balance. Is there going to be that kind of demand pick up in that timeframe?'
Iraqi's won't be kept away from the polls by mere car bombs and mortar shells. But by and large they were voting for the same coterie of politicians who've made Iraq among the five most corrupt nations in the world.
Gulf Keystone Petroleum is set to increase its interests in Kurdistan by assuming 100% control of its GKPI operating subsidiary, following a material default by the company’s investment partner in Kurdistan, ETAMIC.
Coyne Airways has been appointed as the exclusive sales agent in the UK and Ireland for RUS Aviation, giving freight forwarders direct access to an extensive route network into Iraq.
“The cabinet proposed the allocation of $1 per barrel to each province that produces oil,” Dr. Ali al-Dabbagh, the official spokesperson of the Iraqi government, said in a release on Tuesday received by Aswat al-Iraq news agency.
China National Offshore Oil Corp., has signed an initial agreement with Iraq to develop the 2.5 billion-barrel Missan oil field complex in southern Iraq, a senior Iraqi oil ministry official said Monday.
A unit of MOL Hungarian Oil & Gas PLC has gauged oil and gas at the Bijeel-1 exploratory well in Iraqi Kurdistan, the well, in the east-central part of the 889 sq km Akri Bijeel block, flowed at rates of as much as 3,200 b/d.
The Bureau of Information, Ministry of Agriculture press conference on the agricultural will be held from 14 to 21 April, with the participation of the Ministries of Agriculture, Water Resources, Iraq Exhibitions Company, a group of businessmen and Arab and foreign companies..
The German ambassador in Iraq has arrived in Basra province and met with a number of local businessmen, the head of the Businessmen Union in the province said on Saturday. “Accompanied by some of his advisors, the German ambassador, Paul von Maltzahn, arrived on Saturday in Basra and met with a number of businessmen and […]
The first flight carrying pilgrims has taken off from Ninewa Airport to Jeddah International Airport, a civilian source said on Saturday. “The plane, carrying 223 pilgrims from local residents aboard, took off this afternoon,” the source, who requested anonymity, told Aswat al-Iraq news agency. Umra is a pilgrimage to Mecca, Saudi Arabia, performed by Muslims […]
The High Representative to the UK on Wednesday announced that a major conference will take place in London in June this year to promote international trade and investment in the Kurdistan Region in Iraq. Ms Bayan Sami Abdul Rahman said, “The conference, which has the full support of Prime Minister Barham Salih, gives international companies […]
The Organization of Petroleum Exporting Countries will uphold its target of 24.845 million barrels a day when it meets in Vienna on March 17, according to 42 of 44 analysts surveyed this week. Shokri Ghanem, chairman of Libya’s National Oil Corp. said on March 9 that “no new decision is expected,” while Saudi Arabian Oil […]
