Iraq
Chaotic, riddled with corruption and dogged by unemployment and inflation, Iraq must grapple not only with security concerns, but also the impact of the dramatic drop in oil prices on its economy. Oil forms an overwhe [...]
Iraq
PetroChina, Exxon approached for oil project
IRAQ, OPEC’S second-largest producer, has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar project to boost output from its smaller southern oilfields, a senior Iraqi oil official said. [...]
A tough sell
Iraq received its first credit rating last month and plans to issue its first bond in decades, but with low oil prices and extremism on the rise, will there be takers? [...]
Fuelled by disunity
Divided Iraq struggles for cohesion against the background of a fragmented oil sector [...]
Under fire
Recent incidents affecting aircraft landing at Baghdad’s international airport underline the risks airlines, and passengers, run when using Iraq’s main gateway [...]
Court rejects $4.5bn lawsuit against Kuwait Zain
AN IRAQI court has dismissed a $4.5 billion lawsuit against Zain over its 2007 acquisition of an Iraqi telecom operator, the Kuwaiti group said, although the claimants can still appeal one final time. [...]
Operating in a state of flux
Iraq’s political, religious and social complexities are unlikely to be simplified eased by recent military action against Islamic State, even if there are signs that the jihadi group’s advances are being repelled [...]
2015 spending plan ‘based on $80 oil’
IRAQ EXPECTS to base its 2015 budget on an oil price of $80 per barrel, oil minister Adel Abdel Mehdi told parliament. [...]
Ground offensive to counter IS still ‘months away’
IRAQI FORCES are months away from being able to start waging any kind of sustained ground offensive against the Islamic State (IS) and any similar effort in Syria will take longer, officials at the US military’s Central Command said. [...]
Grainy picture
Iraq’s ability to feed itself will be put to the test by the current violence, as the state reaches out to Australian expertise [...]
Projects
