Pacific Future Energy reaches deal to build 150,000 bpd refinery.
The widely respected technocrat will serve as both deputy prime minister for energy and oil minister in Adil Abd al-Mahdi's new government.
Crude from the Sonangol-operated field south of Mosul is being trucked to market via the Khor al-Zubair port in Basra.
New gas production could help Iraq improve electricity service while weaning itself from Iranian energy imports.
Three months after OPEC began relaxing production quotas, Iraq is continuing to grab market share.
Cabinet names sitting oil minister as INOC president in special decision, Oil Ministry spokesperson says.
To ensure its export infrastructure keeps pace with rising production, Iraq is pursuing plans for new subsea pipelines and an artificial island.
Ismaael talks about IOC and BOC oil production growth, projects to reduce gas flaring, and the status of crucial infrastructure development.
Rising global oil prices give Iraq a boost despite slight decrease from Basra Gulf terminals.
A major restructuring of Iraq’s oil sector appears to be delayed — and could possibly be derailed — by a legal challenge.
