The Oil Minister

  • Iran Signed First IPC Deal Worth $2.5b

    Iran Signed First IPC Deal Worth $2.5b

    Tuesday, 4th October 2016
    Iran signed a $2.5b contract with Persia Oil & Gas Industry Development Company to develop the second phase of Yaran field and improve oil recovery for Koupal field.
  • Iraq to Boost Oil Production and Exports

    Iraq to Boost Oil Production and Exports

    Wednesday, 24th August 2016
    Iraq's Prime Minister, Haider al-Abadi, said his country intends to boost crude oil production and will not restrain output as part of any possible agreement among member's of the Organization of the Petroleum Exporting Countries (OPEC) to freeze production and lift prices.
  • Iraq to Review Oil Foreign Contracts

    Iraq to Review Oil Foreign Contracts

    Tuesday, 23rd August 2016
    Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.