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

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

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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...

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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...

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...

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Khor Mor Drone Attack Halts Power Supply

A drone attack struck the Khor Mor gas field in Sulaimani province, halting natural gas transfers and triggering major power outages. Consequently, the incident...

Iraq Sanctions Waiver Request Gains Momentum Amid Lukoil Exit Pressures

Iraq sanctions waiver discussions gained momentum this week as Baghdad held further talks with Washington. The Iraq sanctions waiver request seeks six months of...

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...

Iraq Oil Exports to US Drop Significantly, EIA Reports

Iraqi oil exports to the United States fell sharply last week, according to the US Energy Information Administration (EIA). The decline highlights changes in...

Asset Sale Signals Shift in LUKOIL’s Iraq Operations

LUKOIL, the Russian energy giant, is selling its international assets in Iraq to Switzerland’s Gunvor Group. The asset sale comes amid escalating U.S. sanctions...

Floating LNG Terminal to Boost Iraq’s Energy Security

Floating LNG terminal development will enable Iraq to access global LNG markets for the first time. Consequently, the project strengthens energy security and meets the...

Excelerate Energy to Build Iraq’s First Floating LNG Terminal at Khor Al Zubair Port

Excelerate Energy, Inc. has signed a definitive agreement with a subsidiary of Iraq’s Ministry of Electricity. As a result, the deal will establish the...

Iraq Oil Exports Rebound to the US as Shipments Surge

Iraq’s oil exports to the United States rebounded sharply last week, showing a strong recovery in shipments. According to the US Energy Information Administration...

Offshore Pipeline Project Boosts Iraq’s Oil Exports

Iraq has launched a major offshore pipeline project, marking a strategic step in modernizing its oil export system. The project aims to improve crude...

Oil Flows Boost Trade and Strengthen Iraq-Turkey-U.S. Business Ties

Oil flows through the northern pipeline could transform regional cooperation and deepen economic partnerships. The restart of exports through the Iraq-Turkey Pipeline (ITP) offers...
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