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Posts related to ‘Iraq’

Gold bars

Countries Buying the World’s Gold

Posted: April 16, 2013 at 6:41 am

Gold prices may have just plummeted by double-digits -- the biggest percent sell-off in four decades -- but some of the world's central banks are still buying up large amounts of ...
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Oil pumpjack

Lukoil to Cut Iraqi Production by 30%

Posted: December 27, 2012 at 9:49 am

The president of Russian oil giant OAO Lukoil has said that the company will cut its Iraqi production by 30%, following a decision by the Iraqi government to reduce output ...
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Exxon Talking to Buyers for Iraqi Oil Field Stake (XOM, RDS-A, BP, E)

Posted: November 9, 2012 at 9:03 am

On Wednesday, the Iraqi government said that Exxon Mobil Corp. (NYSE: XOM) had notified it that the company planned to sell its stake in the West Qurna-1 oil field project. ...
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Iraqi Oil Key for Global Energy Market

Posted: October 9, 2012 at 8:17 am

In a new report issued today, the International Energy Agency (IEA) declares that “Iraq’s energy sector holds the key to the country’s future prosperity and can make a major contribution ...
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Iraq Shoots Down Chevron

Posted: July 24, 2012 at 8:19 am

The government of Iraq has barred Chevron Corp. (NYSE: CVX) from bidding on lease contracts in central and southern Iraq, following the company’s deal with India’s Reliance Industries last week ...
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Weatherford Scores Iraqi Contract (WFT, SLB, E, OXY)

Posted: June 19, 2012 at 1:01 pm

Oil field services company Weatherford International Ltd. (NYSE: WFT) has won a contract worth $843 million to build six crude oil production facilities at Iraq’s Zubair field in the south ...
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