Iraq

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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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Iraq Strengthens Economy through Gas Flaring Reduction

Iraq is moving closer to ending gas flaring in its oil fields, a shift that is expected to transform the nation both economically and...

Iraq Oil Output to Reach 5.5 Million Barrels Daily by 2025

Iraq's oil output is set to increase significantly, as the country moves to expand production by the end of 2025. Oil Minister Hayan Abdul-Ghani...

Iraq Oil Exports Generate $7.1 Billion in August Revenues

Iraq's oil exports produced an estimated $7.1 billion in revenues during August, according to the country’s oil ministry. The announcement highlights the critical role...

Iraq Resumes Kurdish Crude Exports, Strengthening Revenue and Economic Stability

Iraq has resumed crude oil exports from the Kurdish region to Turkey, ending a two-and-a-half-year halt. The agreement allows 180,000 to 190,000 barrels per...

Oil Falls as Iraq Kurdish Pipeline Set to Resume

Oil prices fell for a fifth straight session on Tuesday after Iraq and Kurdish authorities reached a preliminary deal to restart a major oil...

Dragon Oil Iraq Signs New Partnerships

Dragon Oil’s operations in Iraq have signed new cooperation agreements to expand oilfield services and support energy development across the country. The UAE-based company announced...

Solar Energy Iraq Karbala Launches First Industrial Solar Plant

Solar Energy Iraq takes a major step forward as the country prepares to inaugurate its first industrial-scale solar power plant in Karbala. The launch...

Iraq Gas Import Deal Faces U.S. Pressure

Iraq's gas negotiations with Turkmenistan collapsed after U.S. pressure blocked plans to use Iran as a transit route. The government had hoped this deal...

Baker Hughes Powers Iraq’s Push to End Gas Flaring

Baker Hughes and Halfaya Gas Company signed a major deal in Iraq to reduce gas flaring. The agreement covers an innovative flare gas recovery...

Kurdistan Oil Contracts End as Exports Prepare

Kurdistan officially ended all contracts and obligations with its oil buyers. This move clears the way for resuming exports. Officials said resuming oil flows...

Iraq Oil Market Draws Bigger Chinese Investment

A subsidiary of the Chinese state-owned ZhenHua Oil declared Iraq as its core market and promised to grow investments. The company emphasized that Iraq’s energy...

Iraq Cracks Down on Oil Smuggling to Secure National Finances

Iraq's oil smuggling concerns prompted Prime Minister Mohammed Shia Al-Sudani to order a top-level investigative committee. The group will examine allegations of crude oil...
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