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 Minister Visits Dora Complex

Iraq’s Minister of Oil, Hayan Abdul-Ghani, visited the Dora Oil Complex in Baghdad to review operations and encourage stronger performance. He arrived at the...

Chevron Iraq Deal Signals Major Energy Investment Push

Iraq has signed a principles agreement with Chevron for major oil exploration and development projects. Prime Minister Mohammed Shiaa Al-Sudani personally welcomed the deal,...

Iraq Oil Deal Signals Chevron’s Bold Return

Chevron has returned to Iraq with a new oil development agreement. The U.S. energy giant signed a fresh deal with the Oil Ministry for...

Iraq Gas Power Expansion Strengthens Energy Infrastructure and Investment Outlook

Iraq has strengthened its electricity generation with the launch of gas turbine unit number 13 at the Bismayah Gas Power Plant. The Iraq gas...

Iraq-Turkey Oil Pipeline Agreement Termination Sparks Strategic Debate

The Iraq-Turkey oil pipeline agreement has triggered extensive debate over its legal, economic, and political effects. Turkey officially ended the Iraqi-Turkish Oil Pipeline Agreement...

Iraq Seawater Plant Deal with Hyundai to Boost Oil Output

Iraq has awarded Hyundai Engineering & Construction of South Korea a major contract for the Iraq seawater plant in the Artawi oil field. The...

Iraq Reboots Oil Exports to Turkiye in Strategic Energy Move

Iraq has announced the resumption of oil exports to Turkiye through the Ceyhan pipeline. The restart begins at 80,000 barrels per day. Oil Minister...

Iraq’s Baiji Plant Supercharges Oil Output and Slashes Import Costs

Iraq has inaugurated a 50-megawatt power station at the Baiji refinery in Salahuddin province. This new facility delivers consistent electricity directly to refinery units....

Iraq Crude Oil Sales Reach $6.7 Billion in Latest Report

The Ministry of Oil has released new figures confirming a strong month for Iraq crude oil sales. In total, the country exported 98,882,613 barrels...

Iraq Allocates $172M to Boost Drilling Equipment and Operations

Iraq is pushing forward with a $172 million investment to improve its oil production capacity. The Iraqi Drilling Company (IDC) will use the funds...

Iraq Plans 12GW Solar Power Boost in Energy Shift

Iraq has announced a major step toward clean energy with a plan to produce 12GW of solar power. The Iraqi Oil Ministry confirmed this...

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...