The latest Iraq Oil Production News – Hussein al-Shahristani, Iraq oil production, oil fields, contracts and more – brought to you by Iraq Business News
The Iraq Deputy Prime Minister for Energy, Dr. Hussain al-Shahristani, will be delivering the keynote address at the ‘Iraq: Untapped Opportunities’ conference in London on 22 November 2011, arranged by the Middle East Association and supported by the National Investment Commission of Iraq, UK Trade & Investment and Allurentis. Dr. al-Shahristani will be joined by […]
Iraqi Deputy Prime Minister with responsibility for energy issues, Hussein al-Shahristani, called on a visiting Indian delegation on Sunday to make much-needed investments in Iraq's energy, industry and housing sectors, according to AFP. "Shahristani discussed the means for Indian investment and developing the industrial and oil sectors in Iraq with an Indian delegation," according to […]
Iraq's deputy prime minister has said that oil contracts signed by the Kurdistan Regional Government (KRG) must be rewritten, and that recent government payments to international producers in the region in no way validate the contracts, according to a report from Reuters. "The contracts as they stand will have to be presented to the government […]
Iraq named a new electricity minister on Monday, after the previous minister Raad Shallal [Shalal, Shallal al-Ani] stepped down under government pressure in August following allegations of fraud in two electricity contracts. "Parliament voted by majority to nominate Abdulkarim Aftan [Abdul Karim Aftan al-Jumaili] as electricity minister," Faiza al-Obeidi, an MP with the Iraqiya list that […]
Global oil prices below $90 a barrel would be “difficult” to accept, Iraq’s Deputy Prime Minister for energy, Hussain al-Shahristani, told Reuters on Wednesday. Brent crude oil dipped below $100 a barrel on Tuesday on growing concern about a Greek debt default and the health of the global economy, tumbling from a 2011 peak of $127 […]
Energy Minister and Deputy Prime Minister Hussein al-Shahristani has promised that Iraq's electricity crisis will end in 2013. AKnews reports that he said only a few more energy plants were necessary to end the electricity shortage. "Iraq will have approximately 7,000 MW more after the completion of the Zubaydiah plant, the Khairat plant in Karbala, […]
Hussein al-Shahristani (pictured), Iraq's Deputy Prime Minister, will be summoned to parliament after the Eid al-Fitr holiday to answer questions about two fraudulent ministry of electricity contracts worth more than $1.7 billion, according to AKnews. A member of the parliamentary commission set up to investigate the case, Uday Awwad, told the agency that MPs signatures have […]
Iraq is planning to produce 12 million barrels of crude oil per day (bpd) by the year 2017, through contracts signed with the world’s largest oil and energy companies, Iraq’s Deputy Prime-Minister, in charge of Energy Affairs said on Saturday. According to Aswat al-Iraq, Hussein al-Shahristani said in a speech he delivered at the 3rd […]
Iraqi Deputy Prime Minister Hussain al-Shahristani talks about the outlook for the country's oil production and the Organization of Petroleum Exporting Countries' (OPEC) quotas. He speaks with Bloomberg's Lara Setrakian. (Source: Bloomberg)
Iraq’s oil production has risen to 2.63 million barrels a day, up by 15 percent from the same period last year, according to Bloomberg. Crude exports averaged 2.18 million barrels a day in the first five months of 2011 and are expected to increase in the second half of the year, Hussain al-Shahristani, deputy prime […]
Iraq hopes to complete negotiations with European investors to build a new oil refinery in the city of Karbala [Kerbala], the country's Deputy Prime Minister, Hussain al-Shahristani (pictured), said on Friday. The projected 140,000 barrel per day (bpd) Kerbala refinery is part of a plan to build four new refineries, adding around 750,000 bpd of […]
Iraq’s Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani, has said that Iraq has oil reserves of 200 billion barrels, according to Aswat al-Iraq. This would place Iraq in third place in the worldwide rankings of oil reserves. While the officially-announced oil reserves are 143 billion barrels, the report says that this does not include […]
