Iran hopes to sign a deal with Baghdad to build an oil export pipeline from Iraq’s southern city of Basra within a month.
Iran to Sign Iraq Oil Pipeline Deal in a Month
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Petrel Cuts Subba Stake
Petrel will also receive a 10% profit interest in exchange for surrendering a 50% stake in the oilfield for $7 million.
Direct Flights London to Baghdad Resume
First Iraqi Airways plane into Gatwick London since UN sanctions in 1990 landed today
Tags: airline
Etihad Crystal Cargo Launches Service to Erbil
Etihad Crystal Cargo has launched a weekly service from Abu Dhabi to Erbil operating an A300-600F freighter with a payload of 42 tonnes every Tuesday and Saturday.
Iran Exports to Iraq to Top $8bn
Iranian exports to Iraq will exceed $8 billion in 2010 - up from $6 billion in 2009 -boosted by equipment and materials for the war-damaged country's reconstruction
Trade Bank of Iraq Welcomes American Investment
"Iraq is an under-banked country, having only 550 bank branches for a population of approximately 30 million. We have to increase the number of banks and put more Iraqis back into the banking sector. American finance banks and finance institutions can help us.
Tags: Trade Bank of Iraq
Iraq Oil Plan to Drill 15 Oil Wells
The initial development plan agreed by Royal Dutch Shell, Malaysian partner Petronas and Iraqi oil officials includes inviting oil service firms to drill 15 new wells, an Iraqi oil official confirmed today.
Total Wants Bigger Stake in Iraq's Halfaya Field
Total is consdering a bigger stake in the Halfaya oilfield, in a bid to increase its presence in Iraq, its chief executive said on Thursday.
NOC Drills 9 New Oil Wells
Iraqi state-run North Oil Company (NOC) finalized drilling nine new oil wells and will rehabilitate 13 other oil wells during the coming days.
Japanese Agency Works to Develop Agriculture in Kurdistan
Japan International Cooperation Agency (JICA) discussed possible projects, including the development of the agriculture sector in the region this week
Tags: Agriculture, Japan
Headlines from the Basra Arabic Press
Allawy for the PM position, and Al-Maliky for the President of the Country
French cement maker invests $600 million in Iraq
France’s cement maker, Lafarge, has invested $600 million to upgrade production in two Iraqi cement companies.