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 ...
Steep reduction at Rumaila brought Iraq's December production average to its lowest level in 18 months as Iraq continues to restrain output in an effort to meet OPEC-plus expectations. Personnel from ...
Parliament has approved a majority of Cabinet posts as Ali al-Zaidi becomes Iraq's next prime minister and Bassim Khudair rises from deputy minister to oil minister. Iraqi Prime Minister Ali al-Zaidi ...
Nationwide output increased year-on-year as Iraq's domestic refineries continued providing an elastic and expanding source of demand. Iraqi Prime Minister Mohammed Shia al-Sudani speaks at an opening ...
There is no backup plan for operating the 480,000 bpd West Qurna-2 field, with some Iraqi officials worrying production might need to be cut within weeks. A ceremony at the West Qurna 2 oil field in ...
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 ...
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 ...
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 ...
NASSIRIYA - Mohammed Yassin Hassan al-Obaidi has been appointed acting director general of the state-run Midland Oil Company (MdOC), replacing Qaddouri Abd Salim, according to an Oct. 30 order issued ...
An explosion at the Zubair-1 depot has taken up to 1.5 million bpd of Basra Medium crude exports offline, as Iraq scrambles to divert production to storage and implement workarounds to recover export ...
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 ...