Monthly Archives: March 2015

Iraqi PM welcomed by Saudi Arabia’s King

King Salman of Saudi Arabia has welcomed Iraqi PM Haidar al-Abadi to visit the kingdom. This certainly resembles the greatest indication of enhancing the connection between the nations after decades of pressure. In an announcement on Abadi’s office’s website said, … Continue reading

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Russia to Reinforce Iraq Oil, Gas and Military Collaboration Sector

Russian Foreign Minister Sergey Lavrov stated that the developing relationship of Iraq and Russia in the military-technical collaboration, oil and gas, and energy sector is important. He also said that the meeting exceptionally focused on the development of bilateral knot … Continue reading

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Lukoil is Looking for New Supplies from Iraq

Vagit Alekperov, chief executive of Russian oil producer Lukoil, said that the organization will approach Iraq for new oil return on West Qurna-2 project. The Iraqi government repays expenses acquired by Lukoil with oil as a major aspect of the … Continue reading

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Budget Payment to be made for Kurdistan by Iraqi Government

Iraqi government will make a budget payment to Kurdistan, according to financial ministry of Iraq. Hoshiyar Zebari said, “The delay in what is meant to be a monthly transfer of over $1 billion from Baghdad in exchange for oil from … Continue reading

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Iraq Acknowledges US Decision to Return the Artifacts to Them

Iraqi authorities have respected the choice of the US to return back to them more than 60 smuggled valuable ancient artifacts. Nonetheless, because of the presence of ISIS militants in Iraq, the security concerns for the antiques are increasing. The … Continue reading

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Big Projects in 2015 to Award by Al-Diwaniyah Iraq

Big projects are planned to be awarded by the central Al-Diwaniyah governorate in Iraq on an investment basis this current year (2015), as well as the much postponed airport that costs 1.3 billion dollar contract and the cement plant worth … Continue reading

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Iraq to Review Contracts with the International Companies

Iraq is surveying its agreements in oil generation with the foreign companies  on the grounds that falling prices for crude oil implied that the financial expense of the current administration contracts were so high to possibly hold up under. Oil … Continue reading

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Brent Crude Oil Increases despite Oil Clashes

Brent crude oil has stabilized over $60 per barrel as a strapping dollar, but somehow stresses over due to the effect of the fighting between Libya and Iraq on North African and Middle East oil generation. The dollar strikes 11 … Continue reading

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Export of Natural Gas in May to Iraq

Iran prepares to sign for an agreement with Iraq in the following Iranian calendar year. The contract deals with the supplement of natural gas to Iraq’s southern city of Basra, announced by the Managing Director Alireza Kameli of National Iranian … Continue reading

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Oil Minister Congregates in a Japanese Delegation

Adel Abdul-Mahdi, the Oil Minister, congregates in a Japanese delegation with the common interest involving the two nations, particularly in economic, trade, and energy fields and methods for the development. An announcement made by the Ministry of Oil said, “Abdul-Mahdi … Continue reading

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