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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Iraq Targets One Million Barrels Per Day Through Turkey and Syria Export Routes

Iraq has activated strategic plans to increase crude oil exports through alternative routes in Turkey and Syria, aiming to reach one million barrels per...

OPEC+ Approves Fourth Consecutive Oil Output Increase as Iraq Receives Higher Production Quota for July

OPEC+ approved a fourth consecutive increase in oil production targets on Sunday, continuing efforts to gradually restore output despite ongoing disruptions linked to the...

Iraq US Oil Imports Drop to Zero as America Changes Supply Sources

Iraq US oil imports fell to zero during the latest reporting week, according to data released by the US Energy Information Administration (EIA). The...

Iraq Records No Weekly Crude Shipments to US Market Amid Volatile Energy Trade Flows

Iraq's oil exports to the US during the past week, according to new data from the US Energy Information Administration. The figure marks a sharp...

Oil Export Nations Benefit from High Crude Prices Amid Global Economic Pressure

Oil dependence on oil revenues continues to influence global economic stability as crude prices remain elevated in 2026. Major oil-exporting countries benefit from stronger...

Iraq Expands Ceyhan Export Ambitions While Hormuz Tensions Continue Disrupting Oil Markets

Iraq is accelerating plans to expand Turkiye oil exports as growing security risks around the Strait of Hormuz continue disrupting regional energy flows. The...

Eni Expands Oil and Gas Output in Iraq During 2025 Growth Phase

Iraq Energy Growth continues to strengthen as Eni reports higher hydrocarbon production in 2025. The company expanded output across oil and gas operations in...

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...

Iraq Seeks Revival of Oil Pipeline Route Through Saudi Arabia

Iraq oil exports remain a key focus as Baghdad works to secure more stable and diversified shipping routes. Officials continue exploring options to reduce...

Iraq Can Rapidly Restore Oil Exports if Strait of Hormuz Reopens, Says Basra Oil

Iraq says it could quickly restore crude oil exports if the Strait of Hormuz reopens. That would offer major relief after weeks of severe...