Iraq

Iraq Oil Cooperation Expands with TPAO and BP

Turkish Petroleum (TPAO) and BP have agreed to strengthen Iraq oil cooperation through a new strategic partnership. The memorandum of understanding, signed this week,...

Kurdistan Gas Strategy Sparks Global Investment Surge

Kurdistan’s gas strategy is transforming Iraq’s energy sector, signaling a shift in regional influence and investment patterns. It also highlights new deals that enhance...

Iraq Oil Cooperation Expands with TPAO and BP

Turkish Petroleum (TPAO) and BP have agreed to strengthen Iraq oil cooperation through a new strategic partnership. The memorandum of understanding, signed this week,...

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Iraq Oil Cooperation Expands with TPAO and BP

Turkish Petroleum (TPAO) and BP have agreed to strengthen Iraq oil cooperation through a new strategic partnership. The memorandum of understanding, signed this week,...

Iraq Oil Flows to U.S. Jump 242,000 bpd

Iraq’s oil exports to the United States climbed sharply, reaching 325,000 barrels per day during the latest reporting week. This increase underscores Iraq’s expanding role in...

Kurdistan Gas Strategy Sparks Global Investment Surge

Kurdistan’s gas strategy is transforming Iraq’s energy sector, signaling a shift in regional influence and investment patterns. It also highlights new deals that enhance...

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Iraq Oil Cooperation Expands with TPAO and BP

Turkish Petroleum (TPAO) and BP have agreed to strengthen Iraq oil cooperation through a new strategic partnership. The memorandum of understanding, signed this week,...

Iraq Oil Flows to U.S. Jump 242,000 bpd

Iraq’s oil exports to the United States climbed sharply, reaching 325,000 barrels per day during the latest reporting week. This increase underscores Iraq’s expanding role in...

Kurdistan Gas Strategy Sparks Global Investment Surge

Kurdistan’s gas strategy is transforming Iraq’s energy sector, signaling a shift in regional influence and investment patterns. It also highlights new deals that enhance...

Iraqi Oil Exports to US Drop Sharply in Latest Weekly Data

Iraqi Oil Exports to the US fell sharply last week, signaling changing trade patterns and supply adjustments in the global crude market.   To begin with,...

Iraq Cuts Oil Spending to Safeguard Budgets

Iraq’s oil sector cuts have started as the government plans urgent savings in 2026. Oil Minister Hayyan Abdulghani announced that upstream spending will drop...

Iraq to Supply Chemchemal Gas to Industrial Clients by 2027

Iraq’s Chemchemal gas field will start supplying industrial clients in the Kurdistan Region in the second half of 2027. Consequently, the Chemchemal Gas Supply...

Iraq Oil Revenues Cross $6 Billion in December

Iraqi oil revenues exceeded $6 billion in December, confirming the sector’s central role in national income. Iraqi oil revenues benefited from strong export volumes...

Iraqi Crude Exports Surge to the US

Iraq’s crude oil exports to the United States have surged past 200,000 barrels per day (bpd), reflecting growing energy trade and stronger market ties....

Trump Targets Venezuela Oil Minerals After Iraq Lessons

US President Donald Trump has made it clear that Venezuela oil minerals are central to his administration’s latest foreign policy agenda. Following past interventions...

Mideast Contracts Lift Wood Regional Growth

Mideast contracts powered a strong year for Wood after the company secured more than one billion dollars in awards. The Aberdeen-based engineering and consulting...

The Oil Exports od Iraq to US Decline Amid Rising Global Imports

Iraq's oil exportsto the United States fell sharply last week, according to the US Energy Information Administration (EIA). This decline comes amid a rise...

WTI Prices Slip Near $58.50 as Iraq Oilfield Restores Output

WTI Price drifted lower to near $58.50 on Tuesday as Iraq resumed oil production at the West Qurna 2 field. The recovery eased supply...