The site of fisherman sailing on the Shatt al -Arab waterway had become a thing of the past. Southern Iraq's marshlands have been revived recently which is encouraging the fishermen in a new way and boat maker of that region are finding new hopes for their businesses. During 1990, the area was completely dumped and drained by the president of Iraq at that time, Mr. Saddam Huss
Read MoreIraq has approved major contract items for Eni's giant oilfield project in its south, just hours after the Italian company threatened to pull out if red tape was not cut and Angola's Sonangol quit projects in the north due to security concerns. Rising violence has not hit operations at the southern fields driving Iraq's oil expansion, but Western companies at work there say det
Read MoreDownload PDF Iraq’s development and the development of its oil sector are interwoven and should be viewed in a wider perspective. The Iraqi economy will, for a foreseeable future, depend on oil revenues to finance its investments and buttress its operations. In the longer term, Iraq’s stability and prosperity will depend on how successful it is in establishing a sustainable b
Read MoreDownload PDF From the American point of view, the biggest energy revolution in recent years has been the explosion in domestic supplies of oil and gas that has catapulted the United States into the top ranks of global energy producers. But globally, one of the most important, if less visible, energy revolutions has been the ongoing explosion in demand for oil in the Middle Ea
Read MoreOne of the major problems faced by decision-makers is the rising cost of refinery projects A few weeks ago I wrote about the outlook for the petroleum refining industry in the Middle East and the great expansion that is forthcoming from about 8 million barrels a day (mbd) to 15.5 mbd in 2020. One of the major problems faced by decision-makers is the rising cost of ref
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