Part of 77m Dinar theft recovered
The Integrity Commission has been able to reduce the 77m Iraqi dinars embezzled from the Ministry of the Environment by recovering funds in a raid on the defendant’s home. After a court case lasting three days a statement said the main defendant in the case had misappropriated the funds by issuing fake cheques and through […]
240 Iraqi Firms Up for Grabs
Up to 240 major Iraqi factories will be opened up for foreign investors, it was revealed yesterday.
Shell Holds Talks on Iraq Plan to Capture, Sell Gas
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.
UAE Contract for Al Rasheed Complex is Approved
A $ 20 billion contract has been approved and will be presented to the next Cabinet referring Al Rasheed residential complex to a UAE company .
Anbar to Focus on Oil
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.
Demining Needed In Iraq, Oil Giants Say
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 […]
Shell to Boost Iraq Majnoon Oil Output, Eyes Gas
Iraq's Majnoon oilfield is targeting production of 175,000 barrels of oil equivalent per day in 2012, a senior Royal Dutch Shell executive said on Monday.
Iraq’s Oil Output Targets 'impossible'
"Iraq has been struggling to meet 2 million b/d for years," says Majid Jafar, executive director at Crescent Petroleum. "Now in the run-up to the elections, the government has been proposing a 12 million b/d target, which is ludicrous.
Lufthansa to Resume Flights to Iraq in April
Lufthansa is resuming flights to Iraq on 25 April 2010 with services from Frankfurt to the city of Erbil in Northern Iraq and will run four flights per week on this new route.
1st Stage of Project to Build Quays at Basra Port Completed
Work on the project has reached 59% completion,” said Anmar al-Safi.
French Company to Finish Dock-4 in Umm Qasr Port
The installation air compressors at the shipyard of the Iraqi Ports Company in Basra has been completed.
Ministry of Oil Demands Importing Companies, to Declare Payments… Again
Ministry of oil reiterated requests for importing companies of Iraqi crude oil to announce the size and numbers of payments to the country