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Iraq's Endemic Corruption Costs It Another Massive Oil and Gas Opportunity

The exit of British supermajor Shell last week from Iraq’s potentially game-changing US$11-billion Nebras Petrochemical Project is another lost opportunity for Baghdad ....

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Iraq's Endemic Corruption Costs It Another Massive Oil And Gas Opportunity

Iraq's Endemic Corruption Costs It Another Massive Oil And Gas Opportunity
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Baystreet.ca - Iraq's Endemic Corruption Costs It Another Massive Oil and Gas Opportunity

There is no practical impediment to Iraq becoming a world-leading exporter of petrochemicals, given its huge oil and gas resources. It holds an estimated 145 billion barrels of proven crude oil reserves - around 9 percent of world’s total – although . ....

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63 Arrested in raid on Iraqi Oil Smuggling Ring

By John Lee. Iraq's Oil Products Distribution Company, in collaboration with supporting security forces, have successfully broken an oil smuggling ring. According to a statement from the Ministry of Oil, a raid was carried out on a garage in the Khor Al-Zubair area, at which they seized 29 tankers loaded with oxidized asphalt [oxidized bitumen], ....

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Iraq Inaugurates New Oil Terminal at Khor Al-Zubair Port

By John Lee. Iraq's Ministry of Transport has announced the opening of the 340-meter-long oil terminal at Khor Al-Zubair port. The General Company for Iraqi Ports inaugurated the crucial project, part of the second phase of the Japanese loan, in the presence of Japanese Ambassador to Iraq Futoshi Matsumoto. According to a statement from the ....

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