Iraqi Dinar News - Iraq News

Iraq News

Huge demand for the dollar on Tuesday

July 1, 2008 Demand for the dollar went up in the Iraqi Central Bank's auction on Tuesday, reaching $121.774 million compared to $97.725 million on Monday.
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35 global oil companies compete for oil fields

June 30, 2008 The Iraqi oil minister, Hussein al-Shahrestani, on Monday revealed names of oil and gas fields that 35 global oil companies will compete to develop, according to the first group of licenses in this regard, at a time that oil prices have reached record levels world-wide.
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Iraqi Oil Makes a Comeback

June 30, 2008

Video in MSNBC about the comeback of Iraqi Oil

http://www.msnbc.msn.com/id/3032619/#25462209

Condoleeza Rice at Iraq Compact

June 28, 2008 (Reposted from May 28, 2008) Remarks by Secretary Rice at Iraq Compact Conference in Stockholm U.S. remains committed to fostering a sovereign, democratic Iraq, says Rice
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Committee to settle oil contracts issue – Barazani

June 28, 2008 Iraqi Kurdistan Region Prime Minister Nejervan al-Barazani revealed that a committee was set up with the Baghdad central government during his recent visit to the Iraqi capital to settle the issue of oil contracts as well as the oil & gas law.
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Iraq establishes new oil company

June 27, 2008 The Iraqi government is to establish a new oil company with a proposed capital of more than 9.5 billion Iraqi dinars (USD 7.9 million) and converting Maysan oil fields into a public company and disassociating it from the South Oil Company South Oil Company.
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President Talabani met President Bush

June 26, 2008 Iraqi president Jalal Talabani on Wednesday met with his U.S counterpart George W. Bush to discuss with him issues related to the future bilateral ties and the long term strategic agreement due to be signed by the end of next month. Following the meeting, the two presidents held a joint press conference at the Oval Palace in Washington.
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Japan supports Iraq to build power stations

June 26, 2008 Iraqi Prime Minister Dr. Nouri al-Maliki on Wednesday in Baghdad received Japanese Minister of Economy, Trade and Industry and the delegation accompanying him.
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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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