Latest news
Iraq: oil industry experiences a new expansion
Iraq passed an historic milestone in April- with its crude exports hitting the highest monthly figure in more than 20 years, raising hopes for economic development and prosperity.
read more... 11/05/2012
Iran to launch a $450 million gas pipeline to Iraq in 2013
According to an Iranian energy official, the country envisages the construction of a 136-mile natural gas pipeline to its neighbors in Iraq, with a daily capacity of 25 million cubic meters of natural gas.
read more... 08/05/2012
Iraq raised oil exports to 2.508 mln bpd in April
According to the head State Oil Marketing Organization Iraq’s exports of crude oil increased to 2.508 million barrel per day in April from 2.317 million barrels per day in March.
read more... 01/05/2012
Iraq plans to triple its oil production in six years
Iraq, the producer of more than three million barrels of crude oil per day, is expecting to increase its capacity of production to more than 10 million barrels per day within the next six years, Iraqi Deputy Prime Minister for Energy said at a special briefing in Washington.
read more... 25/04/2012
Iraq March crude exports rise to highest level since 1980
According to an Oil Ministry spokesman e-mailed statement, Iraq’s crude oil exports settled at their highest monthly level in March since 1980, with 71.827 million barrel exported and 8.475 billion dollars generated revenue. Iraq trades crude for 118 dollars a barrel.
read more... 02/04/2012