Iraq

Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

Iraq Cancels Lukoil Oil Cargoes Over Sanctions Concerns

Iraq canceled three crude oil cargoes from Lukoil oil company in November due to US and UK sanctions on the Russian company, according to...

Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

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Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

Iraq Oil Exports to US Rise to 195000 Barrels Per Day

Iraq oil exports to the United States rose sharply last week, reaching 195,000 barrels per day. This marks a notable increase in Baghdad’s energy...

Iraq Cancels Lukoil Oil Cargoes Over Sanctions Concerns

Iraq canceled three crude oil cargoes from Lukoil oil company in November due to US and UK sanctions on the Russian company, according to...

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Basrah Crude Prices Slip as Global Oil Market Stabilizes

Basrah crude prices declined slightly as the international oil market showed signs of stabilization. The drop affected both Basrah Heavy and Basrah Medium, highlighting...

Iraq Economic Growth Ranks 4th Among Arab Oil Producers

The improvement of economic performance in Iraq will rise to 4.1% in 2025, according to the International Monetary Fund's latest projections. This follows a...

Iraqi Oil Exports to US Decline as Canada Leads Supply Surge

Iraqi oil exports to US fell noticeably last week, reflecting changes in the US crude oil import landscape. According to data released by the US...

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...

Basrah Crude Oil Prices Rise Despite Global Oil Drop

Basrah crude oil prices climbed modestly, showing strength even as global oil markets trended downward. Basrah Heavy crude increased by 99 cents to $61.41...

Iraq Boosts Oil Output at Nasiriyah and Saba Fields

Iraq boosts oil output at Nasiriyah and Saba Fields after strong local engineering efforts. The Ministry of Oil announced that both fields now produce...

SCOP Finishes Gas Pipeline Under Tigris River

Iraq’s State Company for Oil Projects (SCOP) completed a major milestone. It installed a Iraq gas infrastructure project in Sayafiyah. This pipeline is part of...

Iraq Launches South Basra Integrated Project with Strategic Oil Deal

Iraq has signed a major agreement for the South Basra Integrated Project. The Ministry of Oil partnered with China’s Geo-Jade Petroleum and Iraq’s Crescent...

Iraq U.S. Oil Cooperation Welcomed with Federal Oversight Requirement

The Iraqi Ministry of Oil announced it supports Iraq-U.S. oil cooperation, but only under federal legal frameworks. This comes after recent energy deals between...

Iraqi Centre for Oil Services Boosts National Oil Capacity

Iraq has launched a major new facility to strengthen its oil sector. The Iraqi Centre for Oil Services officially opened in Basra. This strategic...