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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...
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Oil Importers Turn to Longer Routes as Global Energy Trade Faces Rising Geopolitical Risks

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Iraq Oil Minister Meets BP and ConocoPhillips to Advance Oil and Gas Industry Development and Investment Plans

The Iraq oil sector is exploring new development opportunities through discussions with major international energy companies. Oil Minister Basim Al-Abadi met representatives from BP...
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Iraq Approves New Oil Export Rules as Government Expands Transport and Loading Capacity

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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

Oil Importers Turn to Longer Routes as Global Energy Trade Faces Rising Geopolitical Risks

Oil routes are changing as major energy importers seek greater protection from geopolitical disruptions. Countries across Asia are expanding their supplier networks to reduce...

Iraq Oil Minister Meets BP and ConocoPhillips to Advance Oil and Gas Industry Development and Investment Plans

The Iraq oil sector is exploring new development opportunities through discussions with major international energy companies. Oil Minister Basim Al-Abadi met representatives from BP...

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Iraq Oil Revenues Cross $6 Billion in December

Iraqi oil revenues exceeded $6 billion in December, confirming the sector’s central role in national income. Iraqi oil revenues benefited from strong export volumes...

Iraqi Crude Exports Surge to the US

Iraq’s crude oil exports to the United States have surged past 200,000 barrels per day (bpd), reflecting growing energy trade and stronger market ties....

Trump Targets Venezuela Oil Minerals After Iraq Lessons

US President Donald Trump has made it clear that Venezuela oil minerals are central to his administration’s latest foreign policy agenda. Following past interventions...

Mideast Contracts Lift Wood Regional Growth

Mideast contracts powered a strong year for Wood after the company secured more than one billion dollars in awards. The Aberdeen-based engineering and consulting...

The Oil Exports od Iraq to US Decline Amid Rising Global Imports

Iraq's oil exportsto the United States fell sharply last week, according to the US Energy Information Administration (EIA). This decline comes amid a rise...

WTI Prices Slip Near $58.50 as Iraq Oilfield Restores Output

WTI Price drifted lower to near $58.50 on Tuesday as Iraq resumed oil production at the West Qurna 2 field. The recovery eased supply...

Iraqi Firm Sells 20-Year-Old VLCC Amid Tanker Price Rebound

Iraq’s Jannat Alferdos Company for Oil Services completed a VLCC sale that signals a rebound in tanker values. The deal involved a 20-year-old vessel,...

Iraq Oil Exports Surge Sharply to United States

Iraq's Oil Exports to the United States rose sharply last week, reaching 435,000 barrels per day. This increase positions Iraq as the second-largest oil...

Iraq Invites US Energy Firms to Operate West Qurna-2 Amid Lukoil Sanctions

Iraq has invited US energy firms to operate West Qurna-2, signaling a strategic shift in the country’s oil sector. Moreover, the move follows sanctions...

Iraq Khor Mor Field Resumes Operations Restoring Gas Supply to Kurdistan Power Stations

Operations have resumed at Iraq’s Khor Mor Field, restoring gas transmission to regional power stations after a recent disruption. Consequently, residents in the Kurdistan...

Iraq Solar Energy Projects Aim to Cut Oil Dependence and Boost Sustainability

Iraq is accelerating its renewable-energy plans, raising the question of whether Iraq's solar energy projects can ease the country’s oil dependence. Caretaker Prime Minister Mohammed...

Clean Energy Project Powers Sheikh Wasan Village

The Rwanga Foundation’s Clean Energy initiative has successfully delivered 24-hour electricity to Sheikh Wasan village in Erbil province. The project marks a major milestone...
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