JGC wins refinery renovation deal in Iraq

Business Aug 12, 2020

JGC wins refinery renovation deal in Iraq

Japanese engineering company JGC Holdings Corp. said Wednesday that it has won a contract to renovate a refinery in Iraq. The deal between subsidiary JGC Corp. and the Iraqi government is worth about ¥400 billion, making it one of Japan's largest reconstruction aid programs for ...

World Mar 19, 2020

Iraq faces calamity as oil prices crash amid protests and coronavirus crisis

Between plummeting oil prices, political deadlock and reduced global appetite for a bailout, Iraq is on the cusp of financial calamity that could force austerity measures and renew anti-government protests. But officials appear remarkably optimistic, a view that experts described as being "in denial" given ...