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Rough weather halts Basra oil exportsRough weather completely halted crude exports from Iraq's southern Basra terminals on Monday, a shipping source said. "Loading operations at Basra ports were completely halted due to high winds," the source told Reut More… |
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BP to invest $2.85bn in Iraq's largest oilfieldOil major BP has allocated $2.85 billion to develop Iraq's Rumaila oilfield in 2013, up from $2.2 billion last year, the head of the joint management committee for the field told Reuters On We More… |
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Samsung Engg wins $800m Basra dealSamsung Engineering said on Wednesday that the South Korean builder secured an order worth about $880 million to construct gas processing facilities in Badra, Iraq. The com More… |
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Air Arabia to launch Basra flightsLeading low-cost carrier in the Middle East, Air Arabia, has announced the launch of flights to Basra, its third destination in Iraq, starting November 4. The airline will offer three weekly services between Sharjah and Basra. The More… |
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Iraq oil exports hit 30-year high in AugustIraq's oil exports rose to 2.565 million barrels per day (bpd) on average in August, their highest level for three decades, the head of the State Oil Marketing Organisation (SOMO) told Reuters on Saturday. Iraq exported 2.516 More… |
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Iraq oil exports fall in JuneIraq's oil exports fell to 2.403 million barrels per day (bpd) on average in June compared with 2.452 million bpd in May, the oil ministry said. Exports from southern Basra were 2.085 million bpd in June while shipments from northern Kirku More… |
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Flydubai to launch Basra flightsFlydubai, Dubai’s leading low-cost airline, said it has added another Iraqi destination, Basra to its network, with plans to launch four weekly flights to the port city starting from August 8. Basra joins the capital Baghdad, plus Najaf, S More… |
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India's Jindal to set up pipeline factory in IraqIraq has awarded Indian steel production firm Jindal Saw a $198 million contract to build and operate a factory for manufacturing oil and gas pipelines in the south, a senior investment official said. The 25-year deal for the factory is pa More… |
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DHL unveils big Iraq expansion plansDHL, the global market leader in the logistics industry, has officially extended its supplementary day definite road service into Iraq thus linking the GCC and the Levant regions to the country. This (DHL ECONOMY SELECT) service will compl More… |
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Drake & Scull closes in on $300m Iraq contractDubai contractor Drake & Scull, which has shifted its focus abroad after a slowdown in the UAE's property sector, is close to winning a $300 million contract in Iraq, the firm's chief executive said on Monday. The contract will More… |
