SNC-Lavalin awarded contract to build oil processing facility in Iraq
Facility in the Al Basra province is expected to be completed in 26 months.
Kentz Corp. signs oil contract in Iraq worth up to $110M
Oil and gas services company will provide procurement, engineering, project management and construction services.
German economic expectations collapse over conflict concerns
GfK institute survey suffers largest-ever decline in August over conflicts in Iraq, Israel and Ukraine.
Economists see more good than bad for Canada as oil prices rise
Higher prices will bolster the oil sector in Western Canada, Newfoundland and Labrador, and bring in more tax and royalty revenues.
Talisman’s Kurdistan oil discovery ‘giant’
Energy firm could bring in partner to help develop the resource.