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Iraq
Crude Oil
Iraq’s Kurdistan Crude Output at 286,000 Bpd, Oil Minister Says
Iraq’s Kurdistan region is producing 286,000 barrels of crude oil per day, Iraqi oil minister Hayan Abdel-Ghani told state television on Sunday, citing se…
Oil Price
Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on t…
Oil & Gas Trade
Kurdistan Region’s Oil Exports to Resume Next Week, Iraqi Minister Says
Iraq's Oil Minister Hayan Abdel-Ghani attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministry's head…
Oil Field
East Baghdad Oil Field Reserves Rise to 15 Billion Barrels
Workers adjusting valves in an oil facility in Iraq.The East Baghdad field, one of the most important oil fields in Iraq, recently had a massive find that incre…
Gas turbine engine
GE Vernova Completes Mammoth Turbine Upgrades in Iraq
The Ministry of Electricity in Iraq and GE Vernova have completed upgrades at several key power plants, enhancing the performance and output of existing GE Vern…
Crude Oil
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.OPEC’s oil production edged lower l…
Oil Field
Iraq Declares Discovery of Huge Oil Field
The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil fieldMohammed Yassin Hassan, director general of…
Crude Oil
Basrah Crude Prices Surge Over 5% as Oil Markets Recover
Basrah crude oil prices climbed more than 5%.Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79, …
Crude Oil
China Expands Operations Across Iraq’s Huge West Qurna 1 Oil Field
The history of the Middle East since the 1990s has been in many aspects been defined by China’s need to secure sufficient energy to power its economic gro…
Oil & Gas Trade
Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US
Oil tankers dock at a floating platform, offshore from the southern Iraqi port cityThe US Energy Information Administration (EIA) announced on Saturday that Ira…
Oil Pipeline
Iraqi Cabinet Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project
The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Minister's office said on Monday.The pipeline wil…
Natural Gas
Iraq Still Negotiating With Mediator to Ensure Turkmen Gas Delivery
In light of the electricity crisis facing the country due to the recent reduction in Iranian gas supplies, Iraq revealed on Sunday the latest developments relat…
Oil Pipeline
Turkey Considering Oil Pipeline to Syria: Minister
Turkey is considering a new oil pipeline to Syria that will also link to the Turkey-Iraq pipeline, the minister of energy and natural resources said on Friday.T…
Crude Oil
Oil Firms in Iraqi Kurdistan Demand Compensation of $24 Billion
Nine oil companies operating in the Kurdistan region of Iraq requested compensation of $24 billion because of the suspension of oil exports through Turkey.Econo…
Oil Field
Iraq’s Artawi Oil Field Gets Ready for a Massive Boom
A gas processing facility in Artawi, near Iraq’s southern port city of Basra. Photo: AFP/Hussein FalehBaghdad (IraqiNews.com) – The Artawi oil field…
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