Saturday, February 25, 2017
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Rosneft and KRG sign Oil contract of Kurdistan Region over the period 2017-2019

Russia’s Rosneft and the Kurdistan Regional Government of Iraq signed a Cooperation Agreement in the fields of upstream, infrastructure, logistics and trading. The document...

Iraq discover new major oil reserve, which will boost production up to 1000 cm

Baghdad: Iraq announced on Wednesday a new major oil reserve discovery that could add a daily production surge of 1000 cubic meters.Quoted by media,...

Iraq’s foreign reserves decline to US$49 bn

Baghdad: Iraq’s foreign currency reserves recorded a drop to US$49 billion, a decline triggered by falling world oil prices, according to the central bank...

Iraq will Acquire “Large Fleet” of Oil Tankers

Oil Minister Jabar Ali al-Luaibi as saying that Iraq plans to acquire a “large fleet” of oil tankers.Having owned as many as 24...

DNO ASA will start oil drilling in Kurdistan

 DNO ASA, the Norwegian oil and gas operator, today announced a stepped up drilling campaign in the Kurdistan region of Iraq and the Sultanate...

Oil prices rise to $53, After the US sanctions imposition on Iran

 Oil prices rose, the Sabbath, to $ 53 after the United States imposed sanctions on some Iranian individuals and entities, due to Iran’s test...

Tawke Deliveries Payment received by DNO, Genel

  DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 8.41 million from the Kurdistan Regional Government as payment towards June...

Iran will build New Gas Export Pipeline towards Iraq

 The Planning Director of the National Iranian Gas Company (NIGC) has said that Iran has started work on the second pipeline for exports of...

ShaMaran successfully got new Fundraising

 The end of 2016 saw several new members join the Iraq Britain Business Council (IBBC), each of which are underpinned by strong reputations for...

Genel Energy Shares Slide on significant drop in production in 2017

 Genel Energy has issued the following trading and operations update in advance of the Company’s full-year 2016 results, which are scheduled for release on...