Tag Archives: Iraq

Iraq Wants 30% Capex Cut from Foreign Oil Firms

Iraq, one of the oil producers worst hit by the oil price crash, is proposing that all foreign oil firms operating in OPEC’s second-largest producer cut their budgets by 30 percent on the condition that crude production levels do not suffer, Reuters reported on Friday, quoting local officials and industry …

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Iran’s Export to Iraq Underway despite Problems

Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’hagh said that Iran’s export of products to neighboring Iraq is running despite some problems. He made the remarks in an interview with FNA on Sun. and added, “in spite of opening and closing Iranian and Iraqi borders repeatedly, Iran’s export …

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