IEA predicts boom for Iraq’s oil industry

Financial Times:  Iraq’s oil output is to more than double by the end of the decade and by the 2030s it will be the world’s second-largest oil exporter after Saudi Arabia, according to an in-depth study by the International Energy Agency... Decades of conflict and international sanctions wreaked havoc on the Iraqi oil industry but the past few years have seen a renaissance. Baghdad has signed contracts with a number of international oil companies such as BP and Royal Dutch Shell to raise production at some of its largest oilfields...