Iraq

OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Gulf Keystone and ShaMaran Agree $601 Million All-Share Merger to Create Larger Kurdistan Oil Producer

Gulf Keystone Petroleum and ShaMaran Petroleum agreed to merge in an all-share deal valuing ShaMaran at about $601 million, creating an oil producer with 53,000 barrels a day of pro-forma working-interest output in Kurdistan and Federal Iraq.

OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Iraq’s Oil Exports Through Kurdistan Pipeline to Turkey Double to 500,000 Barrels a Day, KAR Group Chairman Says

Iraq's oil exports through the Kurdistan Region's pipeline to Turkey have doubled to 500,000 barrels a day, the chairman of Erbil-based KAR Group said.

Gulf Keystone and ShaMaran Agree $601 Million All-Share Merger to Create Larger Kurdistan Oil Producer

Gulf Keystone Petroleum and ShaMaran Petroleum agreed to merge in an all-share deal valuing ShaMaran at about $601 million, creating an oil producer with 53,000 barrels a day of pro-forma working-interest output in Kurdistan and Federal Iraq.

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Iraq’s Oil Exports Through Kurdistan Pipeline to Turkey Double to 500,000 Barrels a Day, KAR Group Chairman Says

Iraq's oil exports through the Kurdistan Region's pipeline to Turkey have doubled to 500,000 barrels a day, the chairman of Erbil-based KAR Group said.

Gulf Keystone and ShaMaran Agree $601 Million All-Share Merger to Create Larger Kurdistan Oil Producer

Gulf Keystone Petroleum and ShaMaran Petroleum agreed to merge in an all-share deal valuing ShaMaran at about $601 million, creating an oil producer with 53,000 barrels a day of pro-forma working-interest output in Kurdistan and Federal Iraq.

Iraq’s Oil Exports Top 3.4 Million Barrels a Day in October, Oil Minister Says

Iraq's oil exports have averaged more than 3.4 million barrels per day so far in October, up from 3 million bpd in September, Oil Minister Bassem Mohammed Khudair said on Monday.

Iraq’s Prime Minister Orders Oil Ministry Corruption Probe, Pledges Steps to Raise Oil Revenues

Iraqi Prime Minister Ali Falih Al-Zaidi has instructed the Federal Commission of Integrity to pursue corruption cases at the Ministry of Oil and said...

Gulf Oil Producers Offer Deep Discounts to Win Back Buyers Amid Rising Shipping Costs and Hormuz Risks

Gulf oil discounts are growing as producers try to attract buyers despite rising shipping costs and regional risks. Saudi Arabia and Iraq have offered...

Gulf Oil Exports Near Pre-War Levels Despite Rising Attacks and Higher Shipping Costs

Gulf oil exports are approaching pre-war levels despite rising attacks and shipping costs. However, stronger shipment volumes do not mean regional oil markets have...

Middle East Oil Exports Rise Above Pre-War Levels Despite Growing Tanker Attacks

Oil exports from the Middle East moved above pre-war levels during several days in late September. Regional crude shipments reached as much as 22.5...

Basra Pipe Manufacturing Complex Planned with Major Indian Investment

Plans are advancing for a Basra pipe complex backed by a potential Indian investment. The project could manufacture pipes for oil, gas, and water...

Iraq Opens New Gas Processing Unit at East Baghdad Oil Field to Support Power Supply

Iraq gas processing has expanded with the opening of a new unit at the East Baghdad oil field. The facility can process 30 million...

Iraq Advances Nahr Bin Umar Gas Project With Plans to Reach 300 Million Cubic Feet Per Day

Nahr Bin Umar gas project plans are advancing in Iraq’s Basra province as officials review the next stages of development. The latest meeting examined...

OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...