Iraqi Dinar News - 2008 Dinar News

2008 Dinar News

Sharp drop in demand for dollar at daily dinar auction

June 26, 2008 Demand for the dollar was sharply down in the Iraqi Central Bank's auction on Thursday, registering at $ 67.700 million compared to $113.970 million on Wednesday.
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KRG and Korea National Oil Corporation Sign New Petroleum Contracts

June 26, 2008 Dr Ashti Hawrami, the Kurdistan Regional Government (KRG) Minister for Natural Resources, today announced that the KRG has awarded two production sharing contracts (PSCs) and approved the assignment of Third Party Interests in a number of existing contracts to Korea National Oil Corporation (KNOC), the oil and gas company owned by the Government of the Republic of Korea.
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Iraq to announce oil fields available for bidding

June 25, 2008 The Iraqi Ministry of Oil will soon announce the names of oil fields, which will be available for bidding by foreign companies, according to the country's oil minister.
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Al-Maliki and Barzani had agreed to end all differences on the law of oil and gas

June 25, 2008 A member of the House of Representatives deputy Iraqi Kurdistan Alliance List Mahmoud Othman on "the existence of the first agreement between the Iraqi government and Kurdistan Regional Government to resolve differences between the two parties on the law of oil and gas."
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Demand for the US Dollar rises in Iraqi Dinar Auction

June 25, 2008 Demand for the dollar went up further in the Iraqi Central Bank's auction on Tuesday, reaching $165.140 million compared to $86.175 million on Monday.
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Japan to Hold Conference about Investment in Kurdistan Region in Amman

June 24, 2008 It is expected that the Japanese government to hold a conference about investment in the Kurdistan region in the Jordanian capital of Amman July the 2nd to encourage its companies to invest in the region.
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MP urges Parliament to speed up enacting oil, gas law

June 23, 2008 The chairman of the parliamentary oil and gas committee on Monday called on the Parliament to speed up the enactment of the controversial oil and gas law.
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Oil revenues higher in May

June 23, 2008 Iraq's oil proceeds rose by over 21 percent in May 2008, compared to April 2008, an official spokesman for the Iraqi Ministry of Oil said on Monday, citing the international increase in oil prices as the main reasonc behind the hike.
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Demand for the dollar significantly higher on Monday Iraqi dinar auction

June 23, 2008 Demand for the dollar was dramatically higher in the Iraqi Central Bank's auction on Monday, reaching $86.175 million compared to $36.800 million on Sunday.
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Talks of new Iraqi Oil Law to resume this week

June 22, 2008 Officials from the Iraqi central government and the self-ruled Kurdish region in the north will resume talks this week in Baghdad to try to settle their differences over a proposed new oil law, a Kurdish spokesman said Sunday.
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Oil giants return to Iraq

June 20, 2008 Nearly four decades after the four biggest Western oil companies were expelled from Iraq by Saddam Hussein, they are negotiating their return. By the end of the month, Royal Dutch Shell, BP, Exxon Mobil and Total will sign agreements with the Baghdad government, Iraq's first with big Western oil firms since the US-led invasion in 2003.
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