News

Iraq's crude sales held steady month-on-month despite minor disruptions apparently stemming from the Israel-Iran war.
A barrage of drone attacks in the past four days highlights rising security threats stemming from regional conflicts and ...
Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures highlight risks of disruption.
Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the Rumaila oil field and elevated output in Kirkuk.
Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices. Iraqi Oil Minister Hayyan Abdulghani (center left) meets by ...
The so-called South Basra Integrated Project (SBIP) is the latest deal for Iraq that seeks to leverage investor interest in upstream oil development to secure financing and technical capacity for ...
Neither the Oil Ministry nor Ukrzemresurs has announced any change in the company's status at Akkas, but the Iraqi government's decision to end the contract was confirmed by two senior Oil Ministry ...
Oil fields managed by the federal government averaged about 4.34 million bpd, down from 4.40 million bpd in January, according to an Iraq Oil Report analysis based on production data gathered ...
BASRA - Iraq’s Parliament is engaging with a variety of energy-related legislation and oversight – but a national oil law is not on the agenda. Ali Shaddad al-Faris, a member of the Parliament Oil, ...
BASRA - The state-run Iraqi Oil Tankers Company (IOTC) handles the lucrative export of fuel oil from southern Iraq, shuttling the refined product to floating storage in the Basra Gulf. IOTC also helps ...
The legislation had appeared to be in danger of sinking under the weight of political controversy in late January, when some MPs tried to make significant changes that were unacceptable to the ...
In a Jan. 27 statement to the London Stock Exchange, Genel said it has agreed to divest from Taq Taq, with the transaction now subject to the Kurdistan Regional Government's (KRG) approval. The ...