News Source: Times Online
| about 1 month ago
The move has created uproar among local politicians invoking resentful memories of their nation’s colonial past. The agreement to develop the Rumaila field, near the southern city of Basra, will potentially put Iraq on the path to rivalling the...
News Source: Daily Breeze
| about 1 month ago
Iraq's oil ministry on Monday signed an initial deal with a consortium led by Italy's Eni SpA to develop a prized southern oil field, an agreement representing a key step forward in the country's obstacle-strewn road to revamp its dilapidated oil...
News Source: Xtra News
| about 1 month ago
A consortium led by Italian energy giant ENI has initialled a contract with the Iraqi government to explore the Zubair oilfield in southern Iraq, an oil ministry spokesman said on Monday. "Yes, it was initialled today and it will go to the cabinet to...
News Source: Asian Wall Street Journal
| about 1 month ago
A consortium led by Italian energy giant Eni SpA signed an initial 20-year agreement with Iraq on Monday to develop the giant Zubair oilfield in southern Iraq, an Iraqi oil ministry official said. The agreement, which was signed in the oil ministry...