Record year for Iraq oil exports
Iraqi oil exports from the Basra Gulf in December set yet another record, capitalizing on a steady uptick in crude prices and capping a breakout year in the oil sector Continue Reading
Iraq forms panel to operate Majnoon field
The Iraqi government is forming an executive committee to operate giant Majnoon oil field after the withdrawal of Royal Dutch Shell (OGJ Online, Oct. 30, 2017). Shell holds a 45% interest in the Continue Reading
Oil Market Will Rebalance By March: Iraqi Minister
With what has now become habitual optimism, the Iraqi oil minister, Jabar al Luaibi, said he expected the global oil market to rebalance by the end of the first quarter Continue Reading
KRG forced into dire measures, trimming Peshmerga salaries
Kurdistan’s Cabinet is enforcing new cuts to the salaries of its armed forces as part of the austerity measures to cope with the financial crisis that has recently deepened due Continue Reading
Iraq oil ministry starts taking over Majnoon oilfield operations
Iraq’s oil ministry said on Thursday it had started to take over operations of Majnoon oilfield from Royal Dutch Shell and planned to lift output in future. The ministry said Continue Reading
Protestors Demand Kurdish Officials To Step Down
Tension in Kurdistan is again high as Kurdish protestors have been demanding for two days that the Kurdistan Regional Government (KRG) quit, in the latest fallout from the independence referendum Continue Reading
Protests in Kurdistan turn violent
At least four people have been killed, dozens injured and numerous political party offices burned across Iraqi Kurdistan as protestors railed for a second day over a lack of public Continue Reading
Iraq Employs Drones To Monitor Oil Pipelines
The Iraqi government announced plans to use drones to monitor and protect its export and production pipelines in the first quarter of next year. Reuters reported on Monday that Oil Continue Reading
Tensions rise over Khurmala
The Kurdistan Regional Government (KRG) is warning that federal Iraqi security forces are preparing to launch a new offensive, which could spark a battle for control of the Khurmala Dome Continue Reading
Iraq Begins To Rebuild Largest Refinery
Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the terroristic Islamic State, an announcement from the Continue Reading