Browsed by
Tag: oil companies in iraq

Oil Companies Covering Various Areas Of Iraq

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 the export of OPEC member’s crude. One of the representative of central government said that we have awarded the contract of Qara Dagh to this company for the extraction of oil. Baghdad says, Chevron has got the big project of oil and this will actually benefit the…

Read More Read More

Rumors About Iraqi Dinar Revaluation

Rumors About Iraqi Dinar Revaluation

The rumor about Iraqi dinar is that Iraq will not be able to escape from the clutches of chapter 7. The fact of chapter 7 prevents Iraq to operate as a fully independent nation. And at present and at this time of writing this article, Iraq is a free almost from the article 7 or chapter 7. And in 2013, Iraq will be wholly free from this article. This is a very careful estimation and lots of several factors can…

Read More Read More

Iraqi Dinar Revaluation And Role of Oil During This Revaluation

Iraqi Dinar Revaluation And Role of Oil During This Revaluation

Iraq is under the economic progress; Iraq offered the 12 contracts to the world largest oil producing companies as Iraq has the very large ratio of oil wells which are yet to be exploited. And it’s not a problem for the overseas companies to explore the oil wells and refine the oil. This is going to be a great thing for investors who have invested in dinar. You can buy the Iraqi dinar from the Dinar dealers having certifications from…

Read More Read More

Oil Extraction, A blessing or Threat

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 that it could generate maximum revenue for the country. With reference to the news posted by Iraq Business News in its oil and gas segment, some US geologists have raised their voice arguing that oil extraction could cause earthquakes. The debate is alive for decades, but no logical and…

Read More Read More