Iraq

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Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

Baghdad, Iraq: Iraq’s financial revenues exceeded $23.6 billion during the first four months of 2026, according to the Ministry of Finance. The figures highlight...
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Iraq Targets One Million Barrels Per Day Through Turkey and Syria Export Routes

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OPEC+ Approves Fourth Consecutive Oil Output Increase as Iraq Receives Higher Production Quota for July

OPEC+ approved a fourth consecutive increase in oil production targets on Sunday, continuing efforts to gradually restore output despite ongoing disruptions linked to the...
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Iraq US Oil Imports Drop to Zero as America Changes Supply Sources

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Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

Baghdad, Iraq: Iraq’s financial revenues exceeded $23.6 billion during the first four months of 2026, according to the Ministry of Finance. The figures highlight...

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Iraq Records More Than $23.6 Billion in Revenue During First Four Months of 2026 as Oil Continues to Dominate State Income

Baghdad, Iraq: Iraq’s financial revenues exceeded $23.6 billion during the first four months of 2026, according to the Ministry of Finance. The figures highlight...

Iraq Targets One Million Barrels Per Day Through Turkey and Syria Export Routes

Iraq has activated strategic plans to increase crude oil exports through alternative routes in Turkey and Syria, aiming to reach one million barrels per...

OPEC+ Approves Fourth Consecutive Oil Output Increase as Iraq Receives Higher Production Quota for July

OPEC+ approved a fourth consecutive increase in oil production targets on Sunday, continuing efforts to gradually restore output despite ongoing disruptions linked to the...

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Iraq Oil Production Update DNO ASA Quarterly Results

DNO ASA, a prominent Norwegian oil and gas company, provided an important update on its operations in Iraq for the quarter. The company outlined...

Iraq: Chinese Firm Signs MoUs for Petrochemical Projects in Karbala

raq’s Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, along with the Governor of Karbala, attended a major signing ceremony. During the...

Iraq advances Ratawi project with new engineering contracts

Iraq moves forward with the Ratawi field redevelopment as TotalEnergies awards two contracts to Wood. These contracts support the country’s efforts to grow energy...

Iraq Sulphur Shipment from Halfaya Begins

Iraq has launched a new phase in its oil and gas operations. The Iraq sulphur shipment from Halfaya started with an 80-ton load transported successfully. Missan...

Iraq Expands Energy Cooperation with Iran

Iraq continues to advance its energy cooperation efforts with neighboring Iran through strategic meetings and newly signed agreements. Minister of Oil Hayan Abdul Ghani...

Iraq Partnership Boosts Premium Lubricants Access in Kurdistan

TotalEnergies and Cihan Group have entered a new partnership to improve access to premium lubricants in Iraq. The companies signed the agreement during a...

Iraq Defends Khor Abdullah Waterway Agreement in New Appeals

Iraq continues to defend the Khor Abdullah waterway agreement through firm legal actions led by its top leaders. Both President Abdullatif Rashid and Prime...

Iraq Expands Oil Exports with Iraq Offshore Pipeline Project

Iraq continues to strengthen its oil infrastructure through the Iraq offshore pipeline project. This effort aims to boost national energy exports. To begin with, Iraq...

Iraq Pushes Forward with Economic Diversification and Growth Strategy

Iraq is entering a transformative period of economic development, with rising investor confidence and a strong focus on economic diversification. The country is pushing...

Iraq’s Budget Needs Oil Price of $92 Per Barrel in 2025

Iraq will need an average oil price of over $92 per barrel to balance its national budget in 2025. According to the International Monetary...

OPEC+ Producers to Gradually Increase Output for Market Stability

Eight key OPEC+ countries Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman have agreed to gradually increase oil production starting in...

Iraq Expands Auto Gas Fueling Network

Iraq is growing its gas-powered vehicle network by opening new auto gas fueling stations in Iraq. The Ministry of Oil announced the launch of...
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