Iraqi cabinet approves $103bn budget for 2015Iraq's cabinet has approved a draft 2015 budget worth 123 trillion dinars ($103 billion) at the free market rate) which was made possible by better ties between Baghdad and the autonomous Kurdish region, but was constrained by plunging oil p More… |
Iraq cabinet approves $17bn Shell gas dealIraq's cabinet approved a $17 billion deal with Royal Dutch Shell and Mitsubishi on Tuesday to capture gas that is now being flared off into the atmosphere at southern oilfields, a government spokesman said. The 25-year venture is expe More… |
Iraq cabinet approves Kogas dealIraq's cabinet approved a contract with South Korea's Kogas on Tuesday to develop the Akkas gas field in western Anbar province, an oil ministry source said. Iraq awarded a development contract for Akkas, the country's largest More… |