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Iraq News

 

Ex-Unaoil manager Sentenced to Three Years in Prison over Iraq Bribery

Jul 31, 2020

A former manager of consultancy Unaoil was sentenced to three years in jail by a London court on Thursday – the second Unaoil executive to be jailed for bribing an Iraqi official to secure a $55 million oil deal after the fall of Saddam Hussein in 2003.Stephen Whiteley, a 65-year-old Briton, was found guilty by a jury of conspiring to pay more than $500,000 in bribes to secure a contract for offshore mooring buoys after a high-profile…

Ex-Unaoil Duo Convicted for Bribery in Iraq

Jul 13, 2020

Two former managers of Monaco-based energy consultancy Unaoil have been convicted in Britain of bribing Iraqi officials to clinch lucrative oil projects as the war-ravaged country tried to boost exports after the fall of Saddam Hussein in 2003…

Iraq to Further Cut Oil Output

Jun 02, 2020

Iraq will further cut its oil output and remains committed to the OPEC+ deal, finance minister and acting oil minister Ali Abdul Ameer Allawi said on Twitter.OPEC and its allies such as Russia are due to decide later this month whether to extend record oil cuts they approved in April…

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