Lukoil

Oil companies temper Iraq’s dreams of production expansion
Middle East

Oil companies temper Iraq’s dreams of production expansion

Iraq, OPEC’s second-largest producer of crude, is hitting a roadblock in the next phase of expanding its oil production capacity…
Iraq, oil companies agree to restart investment, boost output
Business

Iraq, oil companies agree to restart investment, boost output

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing,…
Iraq oil projects face delays as companies resist spending cuts
Business

Iraq oil projects face delays as companies resist spending cuts

International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists…
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