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 Rises Among Top OPEC+ Producers as Output Set to Reach 4.3 Million bpd

Iraq OPEC production climbs to a leading position as the country secures a top-three ranking under May 2026 quotas. The new figures highlight Iraq’s...

Iraq Oil Exports to US Reach 6.44 Million Barrels Despite Middle East Disruptions

Strong transatlantic energy flows have pushed Iraq oil exports higher as shipments to the United States remained resilient despite regional disruptions. The figures highlight...

Iran Allows Iraq Strait of Hormuz Access Amid U.S. Pressure, Escalating Gulf Energy Tensions

Iran has signaled that Iraq will continue using the Strait of Hormuz despite rising pressure from the United States. The move adds a new...

Gulf Diplomacy Intensifies as War Threatens Global Energy Security

Rising geopolitical tensions have pushed energy security talks to the forefront as global leaders respond to growing risks in the Gulf. The latest meeting...

Iraq Opens New Fuel Export Route Through Syria, Boosting Energy Trade and State Revenue

Iraq has launched a new fuel export route through Syria, opening a fresh channel for energy trade and state revenue. The move marks an...

Iraqi Fuel Convoys Enter Syria After Years, Opening New Regional Energy Route

Iraqi fuel convoys entered Syria for the first time in years, signaling a major shift in regional energy logistics. The convoy crossed through the...

Iraq’s Oil Exports to the U.S. Jump to 270,000 Barrels Per Day as Imports Decline, EIA Data Shows

The exports of Iraqi Oil to the United States climbed sharply last week, highlighting renewed demand for Iraqi crude in the American market. The...

Iraq Oil Revenues Show Strong February Performance

Iraq oil revenues climbed close to $7 billion in February, highlighting the country’s continued reliance on crude exports. The Ministry of Oil released official...

Iraq Wartime Production Cuts Hit 3.6 Million BPD Amid Strait Closure

Iraq has reduced crude production by 3.6 million barrels per day due to the ongoing Iran war. This cut leaves the country struggling to...

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...