Iraq

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...

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...

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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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...