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Turkey Proposes Extending Iraq’s Kirkuk Pipeline to Basra

Turkey has proposed a new plan to extend the Kirkuk pipeline to Basra. The move aims to strengthen Iraq’s oil export capacity. The proposal comes...
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Iraq–Kurdistan Oil Dispute Escalates Amid Regional Instability

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Iraq Faces Fiscal Shock as Oil Exports Collapse During Gulf Conflict

A sudden drop in crude shipments now threatens Iraq’s economic stability. The Iraq oil crisis has raised serious concern among economists and policymakers. Iraq...
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BGC Confirms Energy Infrastructure Stability Despite Tanker Strikes

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Turkey Proposes Extending Iraq’s Kirkuk Pipeline to Basra

Turkey has proposed a new plan to extend the Kirkuk pipeline to Basra. The move aims to strengthen Iraq’s oil export capacity. The proposal comes...

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Turkey Proposes Extending Iraq’s Kirkuk Pipeline to Basra

Turkey has proposed a new plan to extend the Kirkuk pipeline to Basra. The move aims to strengthen Iraq’s oil export capacity. The proposal comes...

Iraq–Kurdistan Oil Dispute Escalates Amid Regional Instability

The Iraq–Kurdistan oil dispute has intensified after Kurdish authorities refused to restart exports through the northern pipeline to Turkey. The disagreement comes as regional...

Iraq Faces Fiscal Shock as Oil Exports Collapse During Gulf Conflict

A sudden drop in crude shipments now threatens Iraq’s economic stability. The Iraq oil crisis has raised serious concern among economists and policymakers. Iraq...

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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...

Iraqi Firm Sells 20-Year-Old VLCC Amid Tanker Price Rebound

Iraq’s Jannat Alferdos Company for Oil Services completed a VLCC sale that signals a rebound in tanker values. The deal involved a 20-year-old vessel,...

Iraq Oil Exports Surge Sharply to United States

Iraq's Oil Exports to the United States rose sharply last week, reaching 435,000 barrels per day. This increase positions Iraq as the second-largest oil...

Iraq Invites US Energy Firms to Operate West Qurna-2 Amid Lukoil Sanctions

Iraq has invited US energy firms to operate West Qurna-2, signaling a strategic shift in the country’s oil sector. Moreover, the move follows sanctions...

Iraq Khor Mor Field Resumes Operations Restoring Gas Supply to Kurdistan Power Stations

Operations have resumed at Iraq’s Khor Mor Field, restoring gas transmission to regional power stations after a recent disruption. Consequently, residents in the Kurdistan...
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