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CPEC Subsidiary Wins Major Iraq Gas Project from TotalEnergies

China Petroleum Engineering Corporation CPEC Subsidiary has announced a big win. Its fully owned subsidiary, China Petroleum Pipeline Engineering, received a new contract. In addition,...
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Iraq Oil Production Plan Boosts Local Industry

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OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...
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Basrah Crude Oil Prices Rise Despite Global Oil Drop

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CPEC Subsidiary Wins Major Iraq Gas Project from TotalEnergies

China Petroleum Engineering Corporation CPEC Subsidiary has announced a big win. Its fully owned subsidiary, China Petroleum Pipeline Engineering, received a new contract. In addition,...

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CPEC Subsidiary Wins Major Iraq Gas Project from TotalEnergies

China Petroleum Engineering Corporation CPEC Subsidiary has announced a big win. Its fully owned subsidiary, China Petroleum Pipeline Engineering, received a new contract. In addition,...

Iraq Oil Production Plan Boosts Local Industry

The Iraq oil production strategy is gaining momentum as the government approves new steps to strengthen domestic oil production. As a result, officials aim...

OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

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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 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’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...

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...

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....
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