Iraq, the second largest oil producer in the OPEC cartel, plans to sharply increase its output capacity to seven million barrels a day by 2022, its oil minister said Tuesday. Iraq now has an oil production capacity of five million barrels per day (bpd) but is pumping just over 4.7 ...
France’s Foreign Minister Jean-Yves Le Drian visited Iraq on Monday to discuss the war-torn country’s reconstruction after Baghdad declared victory against ISIL terrorist group. “I have come to tell you of France’s support and to accompany you. We will always be there. We were there to participate in the coalition. ...