Reuters cited Mr Ali al-Dabbagh spokesman of Iraqi government as saying that the Iraqi cabinet approved a draft law of the Iraqi national oil company with a capital of USD 341 million
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Gulf Keystone for oil and gas exploration, stated on Wednesday that the company was encouraged by the inspection results Shaikan -1 well in Kurdistan, northern Iraq.
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Iraq is set to welcome back foreign oil companies into the war-torn nation to develop the world’s third-largest crude reserves three decades after expelling them
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The prime minister of Iraq's largely autonomous Kurdistan region condemned on Friday plans by the Oil Ministry to auction six fields in a June 29-30 tender for service contracts, saying they violated the constitution
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The secretive world of Middle East oil deals will be thrown open in Baghdad next week when a contract auction is broadcast live, shining a spotlight on big oil dealmakers that prefer to stay behind the scenes.
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International oil companies poised for a return to Iraq find themselves in an unfamiliar spot, preparing to assist rather than lord over drilling operations and taking risks that at first glance don't appear worth the effort.
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The Director-General of the North Oil Company, stated on Saturday, that the company had contributed to the study and preparations of oil service contracts to be awarded to companies that will contract with the Ministry of Oil and the North Oil Company
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Iraq, holder of the world’s third- largest crude reserves, delayed by one day its first award of oil contracts to foreign companies in more than three decades as sandstorms forced the Baghdad airport’s closure
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