A China-Iraq finance program is set to provide billions of dollars for a seawater supply project that promises to enable a ...

The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five ...

In the upside scenario, Jefferies gave a target price of ₹430 apiece, which is a 79 per cent upside for the stock ...

Another reason Jefferies is upbeat about ONGC is because Mumbai High is geologically similar to Iraq’s largest oil field- Rumaila. After BP’s was inducted into a technical services contract ...

Only in the 1970s, with the expansion of the supergiant Rumaila field near Basra, would the centre of gravity of the Iraqi oil industry shift to the south. In 1972, the international companies ...

BP is also the primary contractor at the massive Rumaila oil field in the southern Iraqi governorate of Basra, which generates about one-third of the country’s crude oil.

while the Rumaila oil field currently produces approximately 1.4 million bpd. He also disclosed that Iraq had officially informed OPEC that the Kurdistan Region’s output stands at 286,000 bpd. Abdul ...