Iraq signed a contract Thursday with British energy giant BP aimed at more than doubling production from oil fields in the northern province of Kirkuk that were retaken from the Kurds last year.
The agreement was signed by Iraqi Oil Minister Jabbar al-Luaybi in Kirkuk, north of Baghdad, where the North Oil Company has its headquarters, AFP reporters said.
Iraqi forcesRead more
Iraq is to build a new pipeline to allow oil exports to resume from the northern province of Kirkuk to neighbouring Turkey, the oil ministry said Sunday.
Oil Minister Jabbar al-Luaybi has ordered documents to be prepared towards building the new pipeline to "transport crude oil from Kirkuk's oilfields to the port of Ceyhan" in Turkey, a ministry spokesman saidRead more
Iraq said it hiked southern oil production by 200,000 barrels per day on Saturday to compensate for a halt in pumping in Kirkuk province because of its conflict with the Kurds.
"Basra Oil Company (BOC) started to pump an extra 200,000 bpd from the south and centre" in addition to the 2.2 million barrels exported daily, Oil Minister Jabbar al-LuaybiRead more