Iraq exports crude oil worth over US$7bn in June 2023
BAGHDAD, IRAQ - Total crude oil exports in June reached over 100 million barrels, the Iraqi government said in a statement.The preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO) revealed that total crude oil exports in June generated revenue of approximately US$7.115 billion.The majority of these exports -...
Investors stay away as oil fuels tension in Iraq
The long-simmering dispute came to a head in February when the federal supreme court ordered Kurdistan to hand over oil extracted from its territories to the federal authorities. Authorities in the Kurdistan capital Arbil have cried foul, accusing Baghdad of heaping "unjust pressure" on them.
Kurdish Iraq decries ‘unjust pressure’ from Baghdad in oil row
Iraq's autonomous Kurdistan region Wednesday deplored "unjust pressure" from the federal government's oil ministry, days after the judiciary nullified oil contracts between the Kurds and foreign oil firms. After the oil ministry filed a judicial complaint, a commercial court in the Iraqi capital on Monday invalidated contracts between the Kurdish...
Kuwait’s oil ministry completes digital archive project
Kuwait's oil ministry project digitalized the country's oil archive making all documents, photos, books and magazines easily accessible
SINOPEC inks Iraq gas deal
The contract includes training workers to keep up with the sector,
