Italy’s Eni Company is the winner of 39 oil wells in Iraqi Basra and Zubayr regions.
Read More »Iraq`s SOMO to JV with China`s Zhenhua to Boost Crude Sales
China is under the pressure to cut oil purchases from Iran.
Read More »Basra Governor Wants Oil Firms to Build Water Plants
Every major oil company that is working in the province has to set up a desalination and sterilisation treatment plant if it wishes to continue working.
Read More »Kuwait will Reach Agreement on Shared Oil Field Development with Iraq
Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.
Read More »Iraq`s Southern Oil Exports Head for Record High in August
Southern Iraqi exports in the first 19 days of August averaged 3.7 million barrels per day.
Read More »Iran Resumes electricity Supply to Iraq
Iraq to apply for an exemption from US sanctions against Tehran.
Read More »Basra Politician Demand for Autonomy
Oil-rich region has been racked by protests over poor governance by Baghdad.
Read More »Iraq’s Basra Oil. Chevron Sign MOU to Develop Oil Fields
The MOU provides for Chevron to conduct surveys and studies on oil sites.
Read More »Iran will Maintain Gas. Power Exports to Iraq
Today. many Iraqi cities have security and stability. which alleviates the fear and risk of investment for foreign companies.
Read More »Iraqi Southern Oilfields Export 3.6 mln bpd so far in August
Iraq exported 3.543 million bpd of crude oil in July.
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