Iraq

OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Gulf Keystone and ShaMaran Agree $601 Million All-Share Merger to Create Larger Kurdistan Oil Producer

Gulf Keystone Petroleum and ShaMaran Petroleum agreed to merge in an all-share deal valuing ShaMaran at about $601 million, creating an oil producer with 53,000 barrels a day of pro-forma working-interest output in Kurdistan and Federal Iraq.

OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Iraq’s Oil Exports Through Kurdistan Pipeline to Turkey Double to 500,000 Barrels a Day, KAR Group Chairman Says

Iraq's oil exports through the Kurdistan Region's pipeline to Turkey have doubled to 500,000 barrels a day, the chairman of Erbil-based KAR Group said.

Gulf Keystone and ShaMaran Agree $601 Million All-Share Merger to Create Larger Kurdistan Oil Producer

Gulf Keystone Petroleum and ShaMaran Petroleum agreed to merge in an all-share deal valuing ShaMaran at about $601 million, creating an oil producer with 53,000 barrels a day of pro-forma working-interest output in Kurdistan and Federal Iraq.

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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...

Iraq Approves New Oil Export Rules as Government Expands Transport and Loading Capacity

Iraq oil exports will follow new mechanisms after the Council of Ministers approved changes to export operations. The measures aim to improve flexibility across...

Iraq Faces Growing Cash Crisis as Oil Export Disruptions Threaten Public Salaries and Economic Stability

Iraq cash crisis pressures are growing as disruptions around the Strait of Hormuz reduce the country's oil export revenues. The situation has raised concerns...

Iraq Strengthens Energy Infrastructure with New Floating Gas Terminal at Khor al-Zubair

Iraq Gas infrastructure is set for another major expansion as plans move forward for a floating gas terminal at Khor al-Zubair. Iraq Gas development...

Iraq Seeks Higher OPEC Oil Output Quota to Boost Economic Growth and Energy Investment

Iraq OPEC Talks continue as Baghdad works with the Organization of the Petroleum Exporting Countries to secure a higher oil production quota. Iraq OPEC...

Iraq Nears Deal with Qatar-US Consortium to Develop New Oil Export Pipelines

Iraq pipelines could enter a major new phase after the government approved plans for a Qatar-US consortium to begin studying new oil export routes....

OPEC+ Approves August Oil Production Increase of 188,000 Barrels Per Day to Support Market Stability

OPEC+ Output will increase in August after seven major producers agreed to raise crude production while continuing efforts to support market stability. The latest...

Iraqi Oil Tankers Expansion Debate Highlights Strategic Restructuring Needs in Iraq

The discussion around Iraqi oil tankers continues to grow as policymakers evaluate long-term energy transport strategy. Iraqi oil tankers remain central to debates about...

Iraq Advances Oil Sector Growth with International Energy Partnerships and New Development Agreements

The Iraq oil sector is set to expand after the government approved two major energy agreements aimed at strengthening petroleum operations and increasing production capacity. Furthermore,...

Iraq Oil Exploration Advances as First Northern Exploration Well Since 1978 Begins Operations in Salahadin Province

Iraq Oil Exploration has entered a new phase as the country begins drilling a new northern exploration well. The project marks a significant step...

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...