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Iraq's oil sector faces a dual crisis: stalled negotiations with the KRG over exports, and warnings from parliament of a ...
15dOpinion
bne IntelliNews on MSNCOMMENT: Iraq's fiscal crisis exposes the perils of petro-state profligacy
By bnm Gulf bureau The foreign-calculated sums are stark. Iraq's budget deficit will more than double from 4.2% of GDP this ...
The Gas Growth Integrated Project focuses on bolstering the country’s oil-rich but underdeveloped Basra province. TotalEnergies would take on a 45% stake in the Basra Oil Company, with Iraq ...
Oil Crisis Forces Iraq To Ask Washington For Help By Simon Watkins - Aug 24, 2020, 6:00 PM CDT. ... introducing salary cuts of 60 per cent for various state sector employees, ...
BAGHDAD (AP) — A multibillion-dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis, attract international investors and reduce i… ...
A worker checks the valve of an oil pipe at Al-Sheiba oil refinery in the southern Iraq city of Basra, April 17. The low oil price is affecting Iraq badly. A worker checks the valve of an oil pipe ...
While Iraq’s oil industry is remarkably resilient in the face of unrest, the current political crisis and tensions with Kurdistan could significantly impact today’s tight oil markets.
- In December 2019 protesters broke into the Nassiriya oifield, which produces around 80,000-85,000 barrels of oil per day, and forced employees to cut off electricity from its control station ...
Iraq’s climate conundrum: Oil reliance versus vanishing water. The country could suffer a 20 percent drop in water resources by 2050 with nearly one-third of irrigated land parched.
FILE – Water buffaloes swim near the Nihran Bin Omar oil field north of Basra, Iraq, Wednesday, March 22, 2023. A multi-billion dollar agreement signed with France’s TotalEnergies could help ...
BAGHDAD (AP) — A multibillion-dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis, attract international investors and reduce i… ...
FILE - Water buffaloes swim near the Nihran Bin Omar oil field north of Basra, Iraq, Wednesday, March 22, 2023. A multi-billion dollar agreement signed with Frances TotalEnergies could help ...
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