News

Ali Salman Majeed is named interim head of the state company responsible for boosting domestic gas supply and ending flaring ...
Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices.
Basra's Tuba oil field is the centerpiece of a Chinese-Iraqi consortium's mega-deal that includes upstream, refining, petrochemicals, and power generation. Oil Minister Hayyan Abdulghani (second from ...
AL-MAQAL PORT, BASRA - Among the many important roles it plays in Iraq’s energy sector, the General Company for Ports of Iraq (GCPI) is at the center of a fast-track project to import liquefied ...
Iraq’s biggest oil field has recovered from a January fire, boosting nationwide output but posing a challenge to OPEC-plus quota compliance. Workers from the state-run Iraqi Drilling Company work on a ...
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 ...
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 ...
Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire. A fire burns at Degassing Station 5 off the ...
Iraq has been transferring up to 190,000 barrels per day (bpd) of straight-run high sulfur heavy fuel oil (HSFO) to traders nominated by Iran, two senior Iraqi Oil Ministry officials familiar with the ...
KHANAQIN - Iraq has signed a new contract for the Mansuriya gas field, overcoming last-minute investor doubts about political and security challenges in Diyala province. The Chinese firm Jereh is ...
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 ...