Iraq energy sector to benefit from China
Surging demand for energy in China and neighboring countries will also ensure that Saudi Arabia will reclaim its position as ...
Country: Middle East
Hyundai wins Kuwait bridge contract for $2.6 billion
A Kuwaiti company has signed a contract with South Korea's Hyundai Engineering & Construction Co. to design, build and maintain ...
EU's gas imports from Iraq could initially be 5bcm-10bcm/year
The European Commission hasn't forecast a date for possible natural gas imports from Iraq as the Arab country focuses on ...
Iraq to invest up to $150 billion to increase oil output
Iraqi Oil Minister Abdul Karim al-Luaibi has announced that Iraq could spend up to $150 billion on projects to expand ...
Iraq and Jordan discuss facilitating transport and trade
Iraq and Jordan discussed means of facilitating transport and trade, as well as the transit operations, according to Petra news ...
Iraq completes first phase of the $3 billion dry canal project
Iraq has completed the $3 billion first phase of the dry canal project to transport commodities between Basra and the ...
Baghdad builds 5,200 residential units for $348 million
Baghdad has commenced the construction of 5,200 residential units, a project expected to take between 10 and 24 months, in ...
Shell positive on Iraq Majnoon oilfield
Iraq's Majnoon oilfield, operated by Royal Dutch Shell, is expected to hit output above 200,000 barrels per day (bpd) in ...
Arab cash reserves up $115 billion
Arab international financial reserves grew by around $20 billion in 2011 and are projected to swell by nearly $115 billion ...
Abu Dhabi's Taqa in talks for oil stake in Iraq’s Kurdistan region
Abu Dhabi National Energy Co. (Taqa) is in advanced talks to buy a stake in an oil block in Iraqi ...
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