Iraq's ambitious plans to boost crude oil production is not likely to be met, IHS Cambridge Energy Research Associates said in a report on Wednesday. These "highly ambitious plans ... are unlikely to be fully realized given political, security, operational and infrastructure challenges".
The Ministry of Construction and Housing called the next Iraqi government to support investment projects in the country, particularly these that are related to its works in order to resolve the housing crisis in Iraq.
The Governor of Basra Province Shiltagh Aboud discussed with the Turkish Chancellor in Basra Ali Ridha as well as Turkish businessmen opportunities of investment in the province.
Minister of Industry and Minerals Fawzi al-Hariri, who is visiting France met with the French Minister of Industry and representatives of a number of major French companies.
The delay in the renewal of the agreement for the operation of the Kirkuk-Ceyhan oil pipeline has served a timely reminder of the many obstacles that still have to be overcome to fulfill its potential, both as an export route for Iraq and as a source of transit revenue for Turkey.
BP and partner CNPC have awarded $500 million drilling contracts to raise production from the Rumaila oil field.
The slender margin generated by Iyad Allawi, the slightly more secularist candidate , over the incumbent Prime Minister Maliki, has all the indications of turning to ashes.
Up to 240 major Iraqi factories will be opened up for foreign investors, it was revealed yesterday.
Royal Dutch Shell Plc, which won contracts last year to develop two Iraqi oilfields, is still in talks on a plan to capture and sell natural gas there, the company’s Middle East vice president for new business said.
A $ 20 billion contract has been approved and will be presented to the next Cabinet referring Al Rasheed residential complex to a UAE company .
On Wednesday, Anbar deputy governor said , the next stage they will focus on oil wealth, particularly in Ukaz and Znkurh areas for upgrading economics of the province.
Gazprom Neft leads a consortium of investors in Iraq calling on the government to clear mines from the Badra oil field near the Iranian border. Iraqi authorities report there are more than 27 million pieces of unexploded ordnance in Iraq from the war with Iran in the 1980s. The largest number of mine fields is […]
