Haidar Fakher Nasser, director of Khor al-Zubair port
The port of Khor al-Zubair, built in the 1970s as an industrial and commercial port, has been repurposed to handle the import and export of oil products to meet Iraq’s Continue Reading
Iraq not likely to increase oil exports, backs OPEC cuts as a success: finance minister
Iraq pumped 4.34 million b/d in March, just under cap: S&P Global survey OPEC+ production fell in March for the first time in a year: survey OPEC+ supply constraints have Continue Reading
Iraq’s March crude output edges higher
Iraq’s federal government and Kurdistan region produced a combined 4.591 million barrels per day (bpd) of crude oil in March, a modest month-on-month increase. According to field-by-field data compiled by Continue Reading
Fuel smuggling causes shortages and spiking prices
A rise in oil product smuggling is contributing to fuel shortages in Iraq, as illicit traders take advantage of the massive spread between sky high global energy prices and heavily Continue Reading
Attack hits near Kurdistan’s export pipeline
An attack Sunday night caused an explosion in the vicinity of a key pumping station on Iraqi Kurdistan’s oil export pipeline, just four days after a rocket struck near a Continue Reading
Rocket attack misses Kurdistan refinery complex but raises security concerns
A rocket attack on Wednesday night appeared to target a major oil refinery complex in Erbil operated by the Iraqi Kurdish company KAR Group. At least one rocket landed about Continue Reading
Rockets fall near oil field in Iraq’s Kurdistan as infrastructure attacks intensify
Attack near Kawirgosk oil field leaves no damage or casualties Rockets launch from Mosul in federal Iraq Incident follows March 13 attack on Kar Group compound Three Katyusha rockets targeted Continue Reading
Record oil revenues top $11 billion in March
Iraq’s federal government earned a record $11.07 billion in oil export revenues in March as global oil prices spiked as a result of Russia’s war on Ukraine. Preliminary estimates from Continue Reading
Baghdad’s Bold Move To Take Over Kurdistan’s Oil Sector Is A Blow To Russia
Russia has long been a thorn in the side of any and all attempts by the U.S. to adopt a constructive realignment of its relationship with Iraq. Iraq’s Oil Ministry Continue Reading
Q&A: Ihsan Ismaael, Oil Minister and President of INOC
In office for nearly two years, Oil Minister Ihsan Ismaael has guided the ministry responsible for generating more than 90 percent of Iraq’s state revenues through periods of wildly fluctuating Continue Reading