Iraqi Dinar News - Iraq News

Iraq News

Iraq sets oil majors contract ultimatum

April 23, 2008 Iraq may drop oil service deals with oil majors if they fail to sign the contracts by June, Iraqi Oil Minister Hussain Al-Shahristani said on Tuesday.
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Demand for dollar up, exchange rate stable in daily auction

April 24, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Thursday, registering at $77.270 million compared to $39.110 million on Wednesday.
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Iraq wants neighbors to forgive debts

April 21, 2008 Iraq's government spokesman, in comments published on Saturday, called on Gulf states to forgive billions of dollars owed from loans and upgrade their diplomatic representation in Baghdad.
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Demand for dollar up as dinar exchange rate goes two ticks down

April 21, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Monday, registering at $129.815 million compared to $83.800 million on Sunday, while the dollar exchange rate went down two ticks against the dollar.
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Analysis: Iraq oil law a deal -- spokesman

April 17, 2008 Iraq's central and Kurdish region governments have reached a deal on an oil law, including a method for weighing the validity of the oil deals the Kurds have signed with foreign firms, the top government spokesman told United Press International.
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Demand for dollar higher at daily Iraqi dinar auction

April 16, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Wednesday, registering at $123.650 million compared to $87.240 million on Tuesday.
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BP, BG, Shell and BHP to bid for Iraq oil

April 15, 2008 British companies including BP, BG Group, Shell and BHP Billiton are among 35 international oil groups who were formally invited to bid for contracts to operate oil and gas fields in Iraq.
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Iraq allows 35 companies to bid for oil contracts

April 14, 2008 Baghdad: Iraq has so far accepted 35 companies to compete for future oil and gas contracts from 120 companies that entered the process to qualify, a government spokesman said yesterday.
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Total nears Iraq oil service contract deal

April 11, 2008 Total is in the final stages of talks with Iraq for an oil service contract and the French group is also hoping investors from the Gulf region will buy into the company, Total’s chief executive said yesterday.
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Iraq bets on a new law for developing its enormous oil wealth

April 11, 2008 Iraq is one of the main oil states in the region and the world as well as being one of the founders of OPEC; the first oil activity started in it early last century, and began the first commercial production in 1929 from Kirkuk field and then other fields followed until oil was nationalized oil in Iraq on the first of June / 1972.
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Iraq exported one million and 900 thousand barrels of crude oil

April 10, 2008 A senior official in the Iraqi Oil Ministry said his country exported last March one million and 900 thousand barrels per day of the actual production of two and a half million barrels.
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