Iraq Ministry of Industry and Minerals signs contract with Mercedes Daimler

Iraq Ministry of Industry and Minerals signed a long term contract with Mercedes Daimler German Company at the headquarters of the German embassy in order to develop, produce and rehabilitate the trucks of the Public Company in Al Iskandaria region in Babel. This agreement comes in the framework of ...

Iraq signs final deal with Russia Gazprom

Iraq signed a final deal with a group led by Russia's Gazprom on Thursday to develop its eastern Badrah oilfield, which has estimated reserves of 100 million barrels of oil. Gazprom is teaming up with Turkey's TPAO, South Korea's KOGAS and Malaysia's Petronas for the field, which is near Iraq's ...

Iraq Ministry of Industry and Minerals works on developing industry sector

Iraq Ministry of Industry and Minerals finished establishing 4 centers specialized in scientific research and which contain new and developed equipments and that in order to reach better results that help to enhance and develop Iraq Industry sector.

Iraq Basra exports drop

A naval source that spoke under condition of unanimity said that oil exports from Basra in the south of Iraq decreased to the half on Thursday as it reached the level of 840000 barrels per day and that because of the bad weather conditions.

Iraq to produce 10 million bpd in 10 years

Tony Hayward, the chief executive of BP, said during World Economic Forum in Davos that Iraq production could reach 10 million barrels per day in 10 years. "We are cautiously optimistic about the potential that Iraq can play in providing a new source of supply to global oil markets," he said.

Shahristani: Nassiriya oil field talks end without deal

The latest round of talks this week between Iraq and a Japanese group led by Nippon Oil Corp over the Nassiriya oil field ended without a deal, but the two sides have agreed to keep talking, Iraq's Oil Minister said on Wednesday.

Al Maliki calls to boost reconstruction

Iraqi Prime Minister Nuri Al Maliki discussed with a delegation from STX S. Korean Steel Company the rehabilitation of Steel Plant in Basra. "Iraq heads towards reconstruction in all fields and should make use of all the agreements concluded with South Korea to speed up the construction ...

Iraq opens first of a kind marketing center in Al Rashid

Baghdad Investment committee opened a first of a kind marketing center modernly designed in Al Rashid region. The center includes a bank for money transfer and refrigerated stocks to preserve agricultural products.

Iraq Oil Ministry signs final deals with Sonangol

Iraq’s Oil Ministry has signed two final deals with Angola's national oil company Sonangol to develop Najma and Al Qayara oil fields in Nineveh. The deal stipulates a pledge by Sonangol to produce a maximum of 210 000 barrels from Al Qayara field and 110 000 barrels a day from Najma oil field ...

Iran to export diesel to Iraq

Iran has sealed a deal to export about 19,000 barrels per day of diesel to Iraq in 2010, oil industry sources said on Monday. The deal proves Iran is positive it can not only sidestep the threat of U.S. sanctions against suppliers of fuel for its own use, it can even act as a trader by selling fuel ...

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