Construction Commission in Diyala boycotts all blacklisted companies

Construction Commission in Diala Province Council announced that it will boycott all the companies mentioned in the black list set by the Ministry of Planning and added that it sent instructions for the competent government directorates not deal with these companies in the future. A source in the ...

Kurdistan to pump 1 million bpd within 3 years

Natural Resources Minister in Kurdistan region government Ashti Hawrami said that Kurdistan should be able to pump as much as 1 million barrels per day (bpd) of oil within three years and that in a speech on the on the sidelines of a conference on the Middle East and North Africa at the Chatham ...

Suleimaniya citizens complain from shortage in white oil

Suleimaniya citizens complained from the shortage in white oil in government stations during winter which adds up burden to the daily strain of limited income families especially that the temperatures dropped notably the last few days.

Iraq Ministry of Finance calls government to cancel old investment laws

Iraq Ministry of Finance called the government to offer more facilities in investment field and that thru canceling old laws which impede the works of foreign companies. On the other hand Duhok investment Directorate said that it started works on a habitation compound formed from 1632 ...

Iraq oil exports declines slightly in January

Iraqi State Oil Marketing Organization (SOMO) said that Iraq oil exports decreased slightly in January to reach 1.926 million barrels per day. The average of exports until January 30 was of 1.980 million bpd. The official who spoke under condition of unanimity did not mention the cause of the drop ...

Iraq oil exports declines slightly in January

Iraqi State Oil Marketing Organization (SOMO) said that Iraq oil exports decreased slightly in January to reach 1.926 million barrels per day. The average of exports until January 30 was of 1.980 million bpd. The official who spoke under condition of unanimity did not mention the cause of the drop ...

Iraq OPEC quota may not be needed for next 4 to 5 years

It will be four to five years before there is a need to re-accommodate Iraqi oil output within OPEC's oil production policy, OPEC Secretary-General Abdullah al-Badri said today. At the end of the day Iraq is a founder member," Badri added. "I'm sure a solution will be found." el-Badri commended a ...

Iraq Cabinet approves establishing Duty Free Zone with Jordan

Iraq Cabinet approved the suggestion of a draft law to ratify the agreement of establishing a Duty Free Zone between Iraq and Jordan and referred it to the Parliament. Iraq government Spokesman Ali Al Dabbagh said that the aim of the draft law is to reinforce trade relations between Baghdad and ...

Iraq Ministry of Finance to resume adopting Over Time System

Iraq Ministry of Finance said that it is about to resume adopting Over Time system for employees in all the Ministries and Directorates which are not connected to ministries in accordance with new recommendations and that after this system was halted at the end of last year under the request of the ...

Lukoil and Statoil sign contract with Iraq Oil Ministry

Statoil together with Lukoil, have signed the development and production service contract for West Qurna 2, near Basra in Iraq. This contract guaranties that oil production from this oil field would reach about 2 million barrels per day in 6 years, said Oil Minister Hussain al-Shahristani. ...

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