New Oil & Gas contracts

New Oil & Gas Contracts in Iraq will be awarded on 15th April

On Sunday, the spokesman of Iraqi oil ministry Aasim Jihad issued a statement that Iraq has scheduled 15th April to allocate contracts regarding oil and gas exploration and development ...
Oil And Gas Production of Iraq is Improving

Oil And Gas Production of Iraq is Improving

Iraqi Dinar 123 News:– The Iraqi oil minister Adel Abdul Mehdi said that Iraq has been declared the fifth position with the highest petroleum products reserves in all over the ...

The Win Win Solution for Baghdad Erbil Problem

The tension between Baghdad and Erbil is destroying the economy of Iraq. The annual budget is pending approval due to differences between both of the regions. The stiff conditions that ...

Oil Companies Covering Various Areas Of Iraq

Baghdad says that it has no problem with the Kurdish region to sign deals itself i.e. Kurdistan has right to make its own deals with companies and Kurdistan has also right to control ...

Oil Extraction, A blessing or Threat

Iraq has been blessed with abundant oil resources which are being exploited by the many international oil companies in Iraq. KRG Iraq is very keen to increase its oil productions so ...
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