By Sara al-Qaher for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On Feb. 20, the Iraqi Oil Ministry signed a memorandum of understanding with the Iranian Oil Ministry to settle disputes over the joint oil fields and examine the possibility of building […]
Iraq and Iran have agreed to increase their cooperation in the oil, gas and refinery sectors. Iran's Fars News Agency reports that the Managing-Director of the National Iranian Oil Refining and Distribution Company (NIORDC), Ali Reza Zeiqami, said on Monday that Iran and Iraq had reached an agreement to expand cooperation in developing joint fields, […]
Iran and Iraq will start new round of talks in Tehran on 26th May on issues such as developing the Sohrab joint oilfield and establishing a joint oil company, Iran's Mehr News Agency reports. The managing director of the National Iranian Central Oilfields Company, Mehdi Fakour, said that eight drilling rigs are currently in operation […]
