BASRA - Oil Minister Hayyan Abdulghani has returned to his post after a prolonged health-related absence, which ignited an unresolved period of political jockeying to reshuffle parts of Iraq’s oil ...
Conflict between the KDP and PUK has driven dysfunction in Erbil and weakened Kurdish influence in Baghdad as a new ...
BASRA - Security forces in Basra are continuing to struggle with an array of challenges, including violence near oil fields between rival tribes, tensions with paramilitary groups, and a rise in mafia ...
Iraq's oil exports averaged 3.365 million barrels per day (bpd) in April, according to preliminary Oil Ministry data — an apparent decrease compared to March. Revenues also fell due to weakening oil ...
Iraqi oil production continued a four-month slide, falling to its lowest level since June 2023 as the Oil Ministry tried to improve compliance with an OPEC-plus quota agreement. Federal output was ...
Cabinet taps state-run Midland Oil Company as operator for fast-track gas field development with help from SLB, but contentious ouster of Ukrzemresurs could spark litigation. Personnel from the ...
Production at Iraq's largest field is still down by at least 120,000 bpd as repair crews contend with extensive damage from a Jan. 24 fire. Fire crews bring a fire under control at the Rumaila oil ...
OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year. A worker stands at the al-Basra Oil Terminal ...
BASRA - Iraq is pursuing a deal for Chevron to acquire Lukoil's stake in the West Qurna 2 oil field, as a deadline approaches for new U.S. sanctions to hit the Russian company. A delegation from ...
Iraq's State Oil Marketing Organization (SOMO) released updated specifications on Tuesday for all three of its southern crude grades, including the recently announced Basra Medium. SOMO currently ...
At least one person is dead and several injured after security forces cracked down on unemployed truck drivers demanding work at the Lanaz refinery near Erbil. A truck prepares to load at the Lanaz ...
Urgent austerity plan aims to cut $1.4 billion from oil field budgets nationwide in 2026 without affecting production — a warning sign of fiscal trouble for Iraq. Oil Minister Hayyan Abdulghani ...