BASRA, Iraq – Hundreds of miles of mostly rusty pipelines cut across the bleak desert landscape near this southern port city under a smog-filled sky, as foreign crews in flak jackets, guarded by ...

Despite recent challenges, there is some optimism in the oil industry. Iraq is currently in talks with France’s TotalEnergies about the finalisation of a long-delayed $27-billion energy deal.

Click here to enlarge image. Iraq’s Coalition Provisional Authority estimated in 2004 that completion of all the repairs and upgrades to oil sector facilities would require $8 billion.

Spending on the rehabilitation of the Iraqi oil industry to restore downstream and upstream operations to the pre-Kuwaiti war production level of 3.5mn b/d started immediately after the war with the ...

Iraq’s hopes of rivaling Saudi Arabia for regional oil dominance, already hurt by a pullback in foreign investment, are facing new challenges from escalating conflict and threats of U.S ...

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 ...

Iraq moves toward easing its energy crisis with $27B TotalEnergies deal, but challenges remain Home; News. Santa ... and political instability that has undermined Iraq’s oil sector for more ...

Iraqi Oil Sector Faces Year Of Challenge And Promise. The year 2012 will be critical for Iraq’s oil sector. In both the Kurdistan Regional Government (KRG) and federal areas of Iraq major oil and ...

Iraq’s oil boom could be in trouble because of a shortage of water it needs to keep the wells pumping. Oil output has doubled over the past decade, putting the country on track to overtake ...

BAGHDAD (AP) — A multi-billion dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis, attract international investors and reduce its reliance on ...

After three decades of decline, sanctions and war, Iraq’s oil industry now appears poised to recover its place among the world’s leading producers — and perhaps even to challenge Saudi ...

BAGHDAD (AP) — A multibillion-dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis, attract international investors and reduce its ...