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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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...

Iraq Oil Exploration Firm Unlocks Growth with Seismic Survey Success

Iraq’s Oil Exploration Company finished its two-dimensional seismic survey at the “Ziggurat-Uruk” site in Muthanna and Diwaniyah provinces. The company reached this milestone ahead...