Category: Iraq

Iraq’s crude exports rose nearly 5 percent last month, from 3.62 million barrels per day (bpd) in April to 3.8 million bpd in May, as tanker loading rates increased from Continue Reading

Russia’s Rosneft has discovered a new oil field in southwestern Iraq, the company said. The first well in the field, named Salman, was drilled at over 4,000 meters and it Continue Reading

Iraq signed a 25-year contract Wednesday with the China ZhenHua Oil Company to develop the southern part of the East Baghdad field, building on the company’s oil production and sales Continue Reading

Iraqi Prime Minister Haider al-Abadi met with Moqtada al-Sadr on Saturday, less than 24 hours after the Shi’ite cleric’s bloc was declared winner of Iraq’s parliamentary election, the clearest sign Continue Reading

Iraq’s election on May 12 has upended the political landscape in the country. The incumbent Prime Minister, Haidar Al Abadi, lost the election as voters favored Iraqi nationalist Moqtada al-Sadr, Continue Reading

As if heightened tensions in Syria and Yemen and increased divisions in the U.S-Iran and Iran-Israel relations were not enough, a surprise—albeit still preliminary—election result in OPEC’s second-largest producer Iraq Continue Reading

Russia’s second-biggest oil producer, Lukoil, has signed a development plan for the West Qurna-2 oil field in Iraq with local Basra Oil Company, targeting to double oil production from the Continue Reading

Iraqis are heading to the polls this Sunday to elect their next government, which is most likely to be a coalition—a change that could see delays in new oil projects Continue Reading

Iraqis have begun voting in parliamentary elections that will shape the country’s trajectory as it looks to rebuild and attract investment after its devastating four-year battle with Isis. The poll Continue Reading