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Bayshore Announce Heavy Oil Project

By on 7th May 2014 in Iraq Oil & Gas News

By John Lee. Bayshore Petroleum Corp is pleased to announce that it has entered into a Letter of Intent with International Enhanced Petroleum Services (EPS), a private UAE company with its registered office located in the Jebel Ali Free Zone, UAE and operating in Iraq, to construct a pilot heavy oil upgrading facility utilizing a […]

4 Indicted for $23m Iraqi Dinar "Fraud"

By on 21st September 2012 in Iraq Banking & Finance News, Security

The owner and three employees of a US business promising high returns on the Iraqi dinar have been indicted by a federal grand jury on conspiracy and wire-fraud charges for allegedly duping investors out of more than $23 million. According to reports, Rudolph M. Coenen, 47, the owner of Bayshore Capital Investments LLC, is charged […]