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Iraq Revives Strategic Basra-Ceyhan Pipeline Plan

Iraq pipeline route discussions have returned as policymakers reconsider a major export project linking southern oil fields to Turkey. The plan aims to strengthen...
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Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

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Iraq Launches New Oil Export Route Through Syria’s Baniyas Port

Iraq oil trade expands after officials confirm a new export route through Syria’s Baniyas port. This development strengthens regional logistics and improves access to...
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Iraq Seeks Revival of Oil Pipeline Route Through Saudi Arabia

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Iraq Revives Strategic Basra-Ceyhan Pipeline Plan

Iraq pipeline route discussions have returned as policymakers reconsider a major export project linking southern oil fields to Turkey. The plan aims to strengthen...

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Iraq Revives Strategic Basra-Ceyhan Pipeline Plan

Iraq pipeline route discussions have returned as policymakers reconsider a major export project linking southern oil fields to Turkey. The plan aims to strengthen...

Oil Prices Rise as Ceasefire Uncertainty Shakes Global Markets

The oil market surge returned to headlines as tensions between the United States and Iran intensified. Investors reacted quickly to uncertainty surrounding a fragile...

Iraq Launches New Oil Export Route Through Syria’s Baniyas Port

Iraq oil trade expands after officials confirm a new export route through Syria’s Baniyas port. This development strengthens regional logistics and improves access to...

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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...

Iraq to Boost Oil Refining Capacity to 1.54 Million Barrels Per Day

Iraq is set to increase its oil refining capacity to 1.54 million barrels per day. Prime Minister Mohammed Shia Al-Sudani announced this significant development...

Iraq Plans to Boost Oil Production to Over 6 Million bpd by 2029

Iraq is working to increase its oil production capacity beyond 6 million barrels per day (bpd) by 2029. The Oil Ministry announced this ambitious...

Iraq Targets African Oil Markets in Expansion Plan

Iraq is exploring the possibility of expanding its oil exports to Africa. According to Iraq's oil minister, Hayan Abdul Ghani, the government is currently...

IDC Completes First Well in Sonangol Contract in Qayyarah Oilfield

The Iraqi Drilling Company (IDC) has successfully completed its first well under a significant contract with Sonangol, a key player in the oil industry....

Iraq Seeks Gas Imports from Gulf Countries to Reduce Dependence on Iran

Iraq is actively seeking alternatives to its reliance on Iranian gas as it looks to reduce its dependency on its neighbor amid ongoing sanctions....

Iraq Implements Measures to Prevent Summer Power Outages

The Iraqi Ministry of Electricity has announced a comprehensive plan to prevent power outages this summer, following disruptions in gas supplies from Iran. The...
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