'About 90% of Iraq’s budget revenue comes from the oil sector. Experts recommend the country to diversify its economy to combat global warming and not be subject to oil decline.
'Iraq’s oil export revenues for April exceeded $7.69 billion USD, according to an official statement.'
'Saudi Arabia could subscribe to the giant “Nibras” petrochemical project which will be built in Iraq by UK-headquartered Shell, according to Iraq’s Oil Minister.'
'A flare-up between the regional government in Kurdistan and Baghdad has added risk for the resumption of oil flows from the northern Iraqi region.'
'Iraq's Minister of Oil has announced an agreement with Saudi Aramco to invest in the development of the Akkas gas field in Anbar province.'