Iraq’s proven oil reserves stand at over 145 billion barrels. while gas reserves exceed 3.7 trillion cubic meters.
Read More »US to Extend Sanctions Waiver for Iraq to Import Iranian Gas. Electricity
The United States has signaled to Iraq its willingness to extend sanctions waivers enabling the country to continue importing vital Iranian gas and electricity imports. an American media quoted three Iraqi officials as saying this week.
Read More »Iraq to Halt Oil Output at Southern Oil Field
Nahr Bin Omar oil field is considered one of the most controversial fields because of the pollution and gas emissions.
Read More »Turkey Aims to Develop Domestic Technology for Hydrocarbon Exploration
Ankara has stepped up its efforts to exploit the potentially rich hydrocarbon reserves in the east Mediterranean.
Read More »Iraq Is the Largest Oil Exporter to India
India'.s imports from the Middle East declined from 145.8 million tons in 2018 to 132.4 million tons last year.
Read More »Iran has Capacity for $31bn Worth of Exports to Neighbors
Iran enjoys high potential to export up to $20. $6 and $5 billion worth of products to Iraq. Afghanistan. and Pakistan respectively.
Read More »Erdogan`s Attempt to Explore Gas in the Eastern Mediterranean
Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.
Read More »Cyberattacks Linked to Iran Appear to Target Bahrain Petroleum Co.
An Israeli cybersecurity firm has identified a new type of ransomware that it believes was created by Iran and has the ability to lock up or even delete industrial control systems.
Read More »$6 Million Bribes Helped to Win Iraq Oil Deals. Prosecutors Say
Maneuvering. manipulation and $6 million in bribes helped oil companies win contracts with Iraq in the aftermath of Saddam Hussein’s reign. U.K. prosecutors said.
Read More »Iran. Turkey Sign 18 MoUs for Marketing Knowledge-Based Products
Iran has signed as many as 18 cooperation documents and contracts with Turkey in scientific and technological fields.
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