Iraq targets Saudi oil dominance, plans to triple output by 2020

Iraq targets Saudi oil dominance, plans to triple output by 2020

Special to WorldTribune.com LONDON — Iraq, a leading ally of neighboring Iran, plans to challenge Saudi Arabia’s dominance of the global energy market. Officials and analysts said the Shi’ite government of Iraqi Prime Minister Nouri Al Maliki was working to triple crude oil capacity by 2020 in an effort to end Riyad’s role in the […]

Iraq warns it will penalize Kurdistan financially for unapproved oil exports

Iraq warns it will penalize Kurdistan financially for unapproved oil exports

Special to WorldTribune.com BAGHDAD — Iraq has again warned Kurdistan against unauthorized energy exports. Iraqi Deputy Prime Minister Hussein Al Shahristani said Baghdad was preparing to respond to any unauthorized energy export by Kurdistan. At a conference in London on Jan. 28, Al Shahristani stressed that all Iraqi oil must be processed through the State […]