Basra: The Iraqi Drilling Company has announced the commencement of drilling operations by the IDC-56 rig as part of an extensive 35-well project in the Zubair field. This initiative is carried out under a contract with the Italian company ENI and in …
Baghdad: The US dollar exchange rate witnessed a slight decline in the markets of the capital, Baghdad, and in Erbil on Monday morning. The dollar exchange rate declined on Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 141,000 Iraqi …
Baghdad: Oil prices recorded a slight increase at the start of trading on Monday, continuing gains of over 2% since Friday, as markets remain watchful for developments that could impact global crude supplies. Brent crude futures rose by 8 cents to rea…
Baghdad: The Parliamentary Oil, Gas and Natural Resources Committee held a joint meeting this Monday afternoon with Minister of Oil Hayan Abdul Ghani, officials from the State Oil Marketing Organization (SOMO), and the Iraqi Oil Tankers Company. The m…