Tag Archives | Majnoon

Iraq to Invest in Joint Oil Projects with Iran

Iraq’s Oil Minister Jabbar al-Luaibi says an agreement will be signed with Iran soon to jointly invest in two oil fields shared between the two countries. Luaibi did not specify which fields were concerned and when the agreement would be signed. Nevertheless, it would be a groundbreaking move in the history of economic cooperation between […]

Iraq, Iran agree to Resolve Dispute on Joint Oil Fields

By Sara al-Qaher for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  On Feb. 20, the Iraqi Oil Ministry signed a memorandum of understanding with the Iranian Oil Ministry to settle disputes over the joint oil fields and examine the possibility of building […]