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Iraq
Oil & Gas Trade
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…
Energy Investment
CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq
A major Chinese conglomerate has offered to invest nearly 10 billion in infrastructure projects in the Autonomous Kurdistan region in North Iraq, an official ha…
OPEC
OPEC+ Meeting to Take into Account Market Conditions – Iraqi Official
The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq's state news agency quoted Saadoun Mohsen, a senior official …
Saudi Arabia
Saudi, Iraqi Energy Ministers Meet, Review Oil Markets
The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023.
Crude Oil
Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head
Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters …
Oil Price
Iraq Wants Stable Energy Prices, Prime Minister Says
Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.
OPEC
Iraq Respects OPEC+ Deal, Wants to Raise Revenue per Barrel of Oil
Iraq's oil ministry respects the OPEC+ agreement to achieve global market stability.
OPEC
Iraq's October Oil Output in Line With OPEC+ Quota, SOMO Data Show
Iraq produced 4.651 million barrels per day (bpd) of crude in October, down by 11,000 bpd from September.
OPEC
Iraq Reiterates Support for OPEC+, Saudi Arabia
Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy.
OPEC
Iraq’s July Oil Output Rises by Around 70,000 Bpd, Somo Data Show
Iraq pumped 4.584 million barrels per day (bpd) of oil in July, up by 69,000 bpd from June, data from state-owned marketer SOMO seen by Reuters showed on Wednes…
Crude Oil
Opec to Attend Iraq Energy Forum in June
Opec said it will participate in the sixth Iraq Energy Forum in Baghdad from June 18-20.
Iran
Iraq in Need of Iranian Gas for Years: Iraqi Official
Iraqi Minister of Electricity Adel Karim has underlined that Iraq has not struck a deal with the littoral states of the Persian Gulf; thus, Baghdad requires gas…
Oil Price
Oil Declines as Iran, Russia and Fed Jostle for Limelight
Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine prompt…
Oil & Gas Supply
Iraq's Oil Supply Compatible with Global Demand
Iraq said on Wednesday that its crude oil exports are in line with the consumption in the world oil market, ruling out the need to increase oil production.
Oil & Gas Supply
Repairs and Protests Halt 480,000 Bpd of Iraqi Oil Output
Iraq has halted over a tenth of its oil output due to maintenance and protests, in a further blow to the already tight global supply at a time of rising demand …
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