News

Ali Salman Majeed is named interim head of the state company responsible for boosting domestic gas supply and ending flaring ...
Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices.
Steep reduction at Rumaila brought Iraq's December production average to its lowest level in 18 months as Iraq continues to restrain output in an effort to meet OPEC-plus expectations. Personnel from ...
Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions. Ihsan Al-Awadi, Chief of Staff to the Iraqi Prime Minister (right ...
BAGHDAD - Few individuals are as important to the development of the Kurdistan region's gas sector as Bafel Talabani, the president of the Patriotic Union of Kurdistan (PUK), which controls the ...
The Karkh Commercial Court in Baghdad purported to annul four of Iraqi Kurdistan's oil contracts Monday, as the federal Oil Ministry intensifies its push to implement February's landmark ruling ...
Iraq's nationwide crude production fell by about 60,000 barrels per day (bpd) in February, largely due to a partial outage at the Rumaila oil field caused by a large fire that destroyed a storage tank ...
OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year. A worker stands at the al-Basra Oil Terminal ...
KALAR - A power plant fired by associated gas from the Sarqala oil field is nearing completion, in a sign that Iraq’s semi-autonomous Kurdistan Regional Government (KRG) is taking practical steps ...
A long-sought deal is getting high-level political attention, and some officials expect to clinch an initial contract in January. Iraqi Oil Minister Hayyan Abdulghani (center) leads a meeting with ...
Iraq's countrywide oil exports fell to an average 3.729 million barrels per day (bpd) in May,* a month-on-month decline of around 90,000 barrels per day. Despite the dip in federal exports, which can ...
BASRA - The first phase of the Basra Gas Company’s expansion is due to be operational in June this year with a second phase expected to come online in the first quarter of 2024, boosting total ...