Saturday 25 May 2013
 
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Iraq

BP to invest $2.85bn in Iraq's largest oilfield

  Oil major BP has allocated $2.85 billion to develop Iraq's Rumaila oilfield in 2013, up from $2.2 billion last year, the head of the joint management committee for the field told Reuters On We

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Over 60 killed in Iraq car bombings

More than 60 people were killed in a series of car bomb explosions targeting Shi'ite Muslims across Iraq on Monday, police and medics said, part of the worst sectarian violence since US troops pulled out in December 2011. The

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Iran to boost diesel exports to Iraq

Iran will more than double its diesel exports to Iraq thanks to higher capacity at its refineries, a leading oil official said. Trade relations between the two former enemies have improved markedly over the last few years, with bi

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Key Iraq energy conference in Abu Dhabi

  Abu Dhabi will host a key conference titled "Iraq Energy 2013/2014: Business and Investment Opportunities in Iraq’s Oil and Gas Sectors", next week.   UAE Minister of Culture, Yout

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Turkey to help Iraq build more oil, gas pipelines

Opec member Iraq will need new oil pipelines to export its crude to world markets as it prepares to raise production, and Turkey is keen to help its neighbour build the infrastructure, said Turkey's Energy Minister. Iraq, the

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Taqa appoints key officials for UK, Iraq

Taqa, the global energy company based in Abu Dhabi, has appointed Pete Jones to the position of managing director for Taqa’s UK oil and gas business and Leo Koot as the managing director of the company in Iraq. Jones will be

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Iraq to lose 30pc of wheat harvest due to floods

Iraq will lose between 25-30 percent of its wheat harvest this year due to recent floods caused by heavy rains in south of the country, Iraq's Trade Minister said on Tuesday, estimating the loss at more than $200 million. Iraq

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Dana Gas dismisses Iraq asset sale rumours

Abu Dhabi energy firm Dana Gas on Sunday dismissed the speculation that the company was poised to spin off its assets in the Kurdistan region of Iraq as baseless. Shares in Abu Dhabi energy firm Dana jumped 8 per cent to a 17-month hi

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April bloodiest month in Iraq since 2008

April was Iraq's bloodiest month for almost five years, with 712 people killed in bomb attacks and other violence, the United Nations Iraq mission said. Iraq has grown more volatile as the civil war in neighboring Syria strain

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Aviation giants eye $150bn Iraq projects

  Global aviation industry giants will be in Iraq this September to attend a major industry event and also tap the vast growth potential in the country's burgeoning aviation industry which is witnessing massive investments to

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