Western nations warned the shipping industry at the weekend of increased risks to vessels transiting the Strait of Hormuz in the Middle East. “As of now, the timeline remains at 72 hours” from Saturday, maritime […]
A recent barter deal under which Iraq agreed to supply Iran with crude oil and fuel oil in exchange for Iranian gas, points to Iraq’s frustration with US sanctions that make it difficult to pay […]
TotalEnergies signed four contracts with Iraq’s oil ministry on Monday that will allow it to finally start work on a $10 billion energy megaproject that it first agreed in 2021. CEO Patrick Pouyanne said he hoped the […]
BAGHDAD, July 10 (Reuters) – Iraq and French oil major TotalEnergies (TTEF.PA) on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country’s capacity to produce energy with four […]
Iraq’s parliament has approved a budget of 198.9 trillion dinars ($153bn) for 2023 that sets out record spending on a growing public wage bill and development projects to improve services and rebuild infrastructure ruined by […]
Authored by Simon Watkins via OilPrice.com, Moscow signed 10 new cooperation agreements with Iran for the oil sector alone on 18 May. China waited for the dust to settle before it too signed new cooperation […]
Gulf Keystone Petroleum (GKP.L), which operates the 55,000 bpd Shaikan field in the KRI, said in a statement on Monday that its “facilities have storage capacity that allow continued production at a curtailed rate over the […]
In the eyes of many Arabs, Saddam Hussein, the former dictator of Iraq, was a true leader who stood up to Western imperialism, the Israeli occupation of Palestine and foreign intervention in the region. But […]
Iraqi Prime Minister Mohammed Shia Al Sudani signs the guest book during a reception at Qasr Al Watan in Abu Dhabi, United Arab Emirates, February 09, 2023. Mohamed Al Hammadi/UAE Presidential Court/Handout via REUTERS CAIRO, […]
Twenty years ago, the US and the UK announced that Saddam Hussein, the president of Iraq, was stockpiling weapons of mass destruction and supporting “terrorist groups”. On March 19, 2003, a US-led coalition began bombing […]
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