The Missan Oil Company in southern Iraq is reading three producing oil fields for the installations of new drilling towers, a company source said
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The current military strategy employed by U.S. forces in Iraq seeks to create a secure environment in which Iraqis can resolve core political differences
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Next to a pipeline snaking across a desert in Iraq’s south, villas built to house an expected influx of foreign oil workers stand empty
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Iraq has offered international energy firms more data on the giant oil fields they will compete to work on, after executives complained that existing information was inadequate for them to evaluate output potential, it has been reported
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Firms call for a rethink in approach and say conditions could undermine plans to rebuild the industry
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The Iraqi Ministry of Oil on Saturday announced that it reached the final stages of the first leg of the competition related to service contracts, explaining that it will announce the winning companies next May
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As Iraq prepares to pit the world's top oil firms against one another in a contest for access to prized oil fields, executives are worried they may have to almost give away their services to win risky deals
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The contract that Iraq's Oil Ministry is using to lure oil field development by the world's largest oil companies has been panned in an analysis conducted at the request of Parliament's Energy Committee chairman
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