ExxonMobil is starting to evacuate its engineers working on Iraq’s West Qurna 1 field due to security concerns, according to Al Arabiya. Earlier in the day, S&P Global Platts reported Continue Reading
The State Department ordered a partial evacuation of the United States Embassy in Baghdad on Wednesday, responding to what the Trump administration said was a threat linked to Iran, one Continue Reading
Iraq is looking to strengthen its economy after decades of war, sanctions, sectarian division and the rise of the Islamic State of Iraq and the Levant ( ISIL or ISIS). Continue Reading
Iraq regards the U.S.’s refusal to extend waivers for countries importing oil from Iran as a tacit endorsement for it to pump its own oil to the maximum. This dovetails Continue Reading
Few in Iraq’s oil capital, Basra, look forward to the fetid humidity of summer, when temperatures can soar to 55C. But for Adel Abdul Mahdi, Iraqi prime minister, the coming Continue Reading
Iraq will soon finalize a large-scale, long-term deal for the development of oil fields in the South with Exxon and PetroChina. The 30-year contract will involve investments of US$53 billion Continue Reading
The Cabinet threw political weight behind the Southern Iraq Integrated Project, injecting momentum into negotiations over a massive infrastructure deal that is critical to Iraq’s production and export growth. Iraq’s Continue Reading
Iraq oil minister Thamer Ghadhban said on Wednesday he expects his ministry to sign an initial deal with Exxon Mobil and PetroChina “very soon”, but did not give a specific Continue Reading
Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina, Prime Minister Adel Abdul Mahdi said on Tuesday, denying any link between the mega-project Continue Reading
Iraq has been at the center of many a Middle East conflict in the region’s contemporary history. The country has endured years of violence since the U.S. led invasion in Continue Reading
