Iraq

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...

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...

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 Solar Energy Project Launches with 1,000 MW Basra Plant

The Iraq solar energy project now enters an exciting new phase as construction officially begins on the Shams Al-Basra station in Basra. Consequently, this...

Iraq Powers Up: 640 MW Expansion at Baghdad’s Dora Plant to Boost Grid

Iraq launched a major electricity project to enhance power generation in the capital. The government began upgrading the Dora Thermal Power Station in Baghdad...

US Firm Joins Iraq’s Push for Oil and Gas Innovation

The Iraq oil and gas investment opportunities are moving forward as Prime Minister Mohammed Shia Al-Sudani welcomed senior officials from the U.S. energy firm...

Iraq Basrah Crude Prices Rise Despite Global Oil Slump

Oil markets faced a global decline, yet Iraq Basrah crude prices moved in the opposite direction. On Tuesday, both Basrah Medium and Basrah Heavy...

KBR Strengthens Operations with New Agreement in Iraq

The Iraq oil project at Majnoon has gained fresh momentum as KBR extended its engineering, procurement, and construction management (EPCM) contract. This two-year renewal...

Iraq Enforces New Rules on Kurdish Oil Delivery

The Iraq Kurdish oil agreement advanced as Prime Minister Mohammed Shia Al-Sudani’s Cabinet approved decisive measures to resolve disputes. This move strengthens Baghdad’s authority...

Iraq Oil Infrastructure Faces Drone Strike Damage

A drone attack has damaged vital oil infrastructure in Northern Iraq, creating new fears for energy security. The strike targeted the Ain Safni oilfield...

Iraq Hamrin Oil Field Deal Signed with HKN Energy

Iraq’s Ministry of Oil has secured a new deal with HKN Energy to develop the Iraq Hamrin oil field. This agreement strengthens Iraq’s efforts...

Iraq Oil Exports Talks Gain Momentum as APIKUR Supports Renewed Efforts

The Association of the Petroleum Industry of Kurdistan (APIKUR) welcomed the intensified Iraq oil exports talks between the Kurdistan Regional Government (KRG) and the...

Iraq Energy Partnership Grows with Russia’s New Agreements

Iraq's energy partnership with Russia is gaining momentum as both countries strengthen their collaboration in the oil and gas sector. This strategic alliance supports...

Iraq Secures US Tariff Exemption for Oil Trade

Iraq announced that its oil trade with the United States will not face the new 30 percent US tariff. This decision gives Iraq major...

Iraq Expands Najaf Refinery to Boost Fuel Production

Iraq has officially launched the Iraq Najaf refinery expansion to increase fuel production and improve the country’s energy security. Prime Minister Mohammed Shia Al-Sudani...