Thursday 29 January 2015
 
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Iraq

Shell to build $11bn petchem plant in Iraq

Royal Dutch Shell has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser Al-Esawi said on Wednesday. Al-Esawi told a press conference in Baghdad the

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Shell to build $11bn petchem plant in Iraq

Royal Dutch Shell has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser Al-Esawi said on Wednesday. Al-Esawi told a press conference in Baghdad the

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Gulf Air cancels Iraq flight after Flydubai shooting

Bahrain’s national carrier cancelled its flight to Baghdad yesterday (January 27) after a Flydubai plane, carrying 154 passengers, was shot at while landing in the Iraqi capital. Gulf Air is 'monitoring' the securit

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Turkey, Iraq plan new gas pipeline

Iraq and Turkey have agreed to build a new natural gas pipeline, technical analysis on which will commence soon, a report said. The announcement was made during the 17th meeting of the Turkey-Iraq Joint Economic Commission on Sund

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Oil prices slip on Chinese data, record Iraq output

Brent crude oil prices fell below $50 a barrel on Monday after the global economic outlook darkened and Iraq announced record oil production. The world's biggest energy consumer, China, faces significant downward pressure on i

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Iraq oil output hits record 4m barrels per day

Iraq produced a record of around 4 million barrels per day (bpd) of crude oil in December, Oil Minister Adel Abdel Mehdi announced on Sunday. "It is the first time Iraq has achieved this," Abdel Mehdi told a press confer

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Around 450,000 bpd of Iraqi oil going through Ceyhan port

Turkish Energy Minister Taner Yildiz said around 450,000 barrels per day (bpd) of Iraqi oil were currently flowing into his country's Ceyhan port.   "We have agreed

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Islamic State targeted in 29 airstrikes in Syria, Iraq

The United States and its allies conducted 29 airstrikes on Islamic State targets in Syria and Iraq in a 24-hour period, the Combined Joint Task Force said in a statement on Saturday. Sixteen strikes around seven Iraqi cities dest

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Iraq plans to boost southern oil exports to a record high

Iraq plans to boost monthly crude oil exports from its southern ports to a record high level in February, trade sources said.   Iraq's State Oil Marketing Organization (S

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Afren evaluating options for Iraqi Kurdistan field

British oil and gas producer Afren slashed its resource estimates for its oilfield in Barda Rash in Iraqi Kurdistan and said it was exploring options for the asset.   Afren s

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