Iraq’s Basrah Gas Company (BGC) doubled the amount of gas that was processed from three flaring oilfields in Iraq since it started operating in 2013, in attempt to further increase its production rates.
Iraq has agreed to a $328.8m deal with General Electric (GE) to boost electricity production capacity by 1,000 MW through providing equipment and maintenance for ten power plants across the country.
The RSK Group, a privately-owned environmental consultancy in the UK, has completed its first aerial survey in southern Iraq using an unmanned aerial vehicle (UAV), which is to become of particular use for oil compan ...
Genel Energy, a major oil investor in the Kurdish region in Iraq, said that it was optimistic for its economic prospects for 2016 in spite of the decline in oil prices and the security situation in Iraq.
The Iraqi oil ministry is holding talks with foreign oil companies debating alteration to the signed agreements in an attempt to switch from the currently used service agreements model to a revenue-sharing model that ...
The autonomous Kurdistan Regional Government (KRG) in northern Iraq announced that it may sell parts of its electricity sector to raise funds to reduce its budget deficit.
The Iraqi oil ministry and newly established Dhi Qar Oil Company are reviving plans to boost production and refining of crude oil from the Nassiriya field in southern provinces at a capacity of 300,000b/d, delayed fr ...
The Islamic State militant group had employed thousands of workers to keep crude pumping from rudimentary wells captured in the oil fields of Iraq and Syria. Oil revenue is making up nearly half of the group’s profits.