SHARES in Ramco, the Aberdeen oil company, leapt 40 per cent yesterday after a joint venture it leads was given the green light to work in Iraq.
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International companies have waited years to tap into Iraq's vast oil wealth and now Iraqi officials are working feverishly to make that happen
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International oil companies will lose contracts at Iraq's biggest producing oilfields if they fail to start operating in the country within six months of deals taking effect
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Together Ali al-Obaidi, director-general of the Northern Oil Company, and his sidekick, Colonel Adil al-Jamali, commander of the Bayji oil police, have become a formidable crime-fighting duo at Iraq’s largest oil refinery.
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The new joint venture company between Iraq and the British Mesopotamia Petroleum Company or (M.P.C), stated that the value of the company's investment will exceed 400 million dollars
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Iraqi Minister of Oil Hussein al-Shahrestani on Saturday said that Iraq has an oil reserve that will suffice for the next 100 years
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According to sources in «SK» Energy, the largest oil refinery in South Korea that the company succeeded in entering the preliminary selection for the second qualifying bidding companies to develop oil fields in southern Iraq
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According to sources in «SK» Energy, the largest oil refinery in South Korea that the company succeeded in entering the preliminary selection for the second qualifying bidding companies to develop oil fields in southern Iraq
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