Iraq’s State Company for Oil P

Iraq’s State Company for Oil P latest

The International Energy Agency says Iraq’s oil production will fall below three million barrels per day for the first time in six months. Indeed, it could fall by half a million barrels due to long overdue infrastructure work at its southern terminals.

November 17th, 2013 - 09:42 GMT

Are Iraq's oil ambitions going down the drain?

When oil giant Exxon Mobil sold half of its stake in Iraq’s giant West Qurna-1 oil field to Asian investors in August, it marked a watershed moment for the Iraqi oil industry.