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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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...

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...