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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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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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