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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...
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Oil Importers Turn to Longer Routes as Global Energy Trade Faces Rising Geopolitical Risks

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Iraq Oil Minister Meets BP and ConocoPhillips to Advance Oil and Gas Industry Development and Investment Plans

The Iraq oil sector is exploring new development opportunities through discussions with major international energy companies. Oil Minister Basim Al-Abadi met representatives from BP...
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Iraq Approves New Oil Export Rules as Government Expands Transport and Loading Capacity

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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...

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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...

Oil Importers Turn to Longer Routes as Global Energy Trade Faces Rising Geopolitical Risks

Oil routes are changing as major energy importers seek greater protection from geopolitical disruptions. Countries across Asia are expanding their supplier networks to reduce...

Iraq Oil Minister Meets BP and ConocoPhillips to Advance Oil and Gas Industry Development and Investment Plans

The Iraq oil sector is exploring new development opportunities through discussions with major international energy companies. Oil Minister Basim Al-Abadi met representatives from BP...

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U.S. Tightens Iran Oil Sanctions Targeting Iraqi Smuggling Networks

The U.S. government has expanded Iran oil sanctions to target several networks accused of smuggling Iranian oil. These sanctions aim to block profits that...

Iraq Oil Cooperation Talks Boost Energy Ties with Russia

Iraq oil cooperation continues to grow stronger through recent high-level talks with Russia. Iraq’s Minister of Oil, Hayan Abdul Ghani, led a key meeting...

Basrah Crude Prices Slip as Global Oil Market Stabilizes

Basrah crude prices declined slightly as the international oil market showed signs of stabilization. The drop affected both Basrah Heavy and Basrah Medium, highlighting...

Iraq Economic Growth Ranks 4th Among Arab Oil Producers

The improvement of economic performance in Iraq will rise to 4.1% in 2025, according to the International Monetary Fund's latest projections. This follows a...

Iraqi Oil Exports to US Decline as Canada Leads Supply Surge

Iraqi oil exports to US fell noticeably last week, reflecting changes in the US crude oil import landscape. According to data released by the US...

CPEC Subsidiary Wins Major Iraq Gas Project from TotalEnergies

China Petroleum Engineering Corporation CPEC Subsidiary has announced a big win. Its fully owned subsidiary, China Petroleum Pipeline Engineering, received a new contract. In addition,...

Iraq Oil Production Plan Boosts Local Industry

The Iraq oil production strategy is gaining momentum as the government approves new steps to strengthen domestic oil production. As a result, officials aim...

OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

Basrah Crude Oil Prices Rise Despite Global Oil Drop

Basrah crude oil prices climbed modestly, showing strength even as global oil markets trended downward. Basrah Heavy crude increased by 99 cents to $61.41...

Iraq Boosts Oil Output at Nasiriyah and Saba Fields

Iraq boosts oil output at Nasiriyah and Saba Fields after strong local engineering efforts. The Ministry of Oil announced that both fields now produce...

SCOP Finishes Gas Pipeline Under Tigris River

Iraq’s State Company for Oil Projects (SCOP) completed a major milestone. It installed a Iraq gas infrastructure project in Sayafiyah. This pipeline is part of...

Iraq Launches South Basra Integrated Project with Strategic Oil Deal

Iraq has signed a major agreement for the South Basra Integrated Project. The Ministry of Oil partnered with China’s Geo-Jade Petroleum and Iraq’s Crescent...
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