Friday 6 May 2016
 
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Iraq

IS boosts attacks as territorial losses mount

Islamic State attacks have increased this year, particularly in Iraq and Syria as the group responds to substantial territorial losses, a US-based analysis firm IHS said on Sunday. There were 891 attacks during the first quarter o

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Iraq's southern oil exports rise to 3.36mbpd

Iraq exported oil from southern fields at an average rate of 3.364 million barrels per day in April, higher than the March average of 3.286 million, Oil Ministry spokesman Asim Jihad said. That is close to the record of 3.37 milli

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Iraq bans Al Jazeera network over coverage

Iraqi authorities have revoked the operating licence of the pan-Arab satellite network Al Jazeera and closed its offices in Baghdad, accusing it of violating government guidelines issued in 2014 to regulate media "during the war on terror.&

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GE O&G in first-of-its-kind deal with Iraqi Oil Ministry

GE Oil & Gas has entered into a first-of-its-kind agreement with the Iraqi Ministry of Oil to enhance the operational efficiency of all the ministry’s assets. GE Oil & Gas will strengthen the performance of the nation&rsqu

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Falling Iraqi crude exports ease severe congestion at Basra port

Falling Iraqi oil exports have eased a huge traffic jam of tankers waiting to load crude at the Iraqi port of Basra, with queuing times falling by about a third this month, shipping data showed.   The easing cong

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Iraq inks GE deal to boost power grid

Iraq's Oil Ministry said on Sunday it had signed a long-term "strategic framework agreement" with General Electric which comprised several projects to boost national power resources. The ministry said in a statement

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Iraq cbank manager arrested over bonds trading in Kurdistan

An Iraqi central bank manager in the autonomous Kurdistan region was arrested as part of a probe into an alleged illegal bond trading scheme that may have cost the cash-strapped government more than one billion dollars.  

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Iraq begins operating LPG pipeline in southern region

Iraq began operating a $150 million liquefied petroleum gas pipeline on Wednesday to supply the southern region with cooking and heating fuel, the oil ministry said in a statement.   The 202-kilometre pipeline wi

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Iraq to import cooking oil from Egypt

Iraq is planning to import cooking oil from Egypt, the trade ministry said on Sunday, as Baghdad moves to reduce its dependence on Turkish products amid political tension. An Iraqi government trade delegation is holding talks in C

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Iraq to set oil price at $32 in 2016 budget

Iraq plans to lower the oil price forecast in its 2016 budget to about $32 a barrel from $45, widening its fiscal deficit by several billion dollars, the International Monetary Fund (IMF) and a senior government official told Reuters.

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