Category: Iraq

Political tensions arising from Kurdistan’s upcoming independence referendum are complicating an impending offensive to dislodge the self-proclaimed Islamic State (IS) militant group from one of its last strongholds in Iraq. Continue Reading

Men bought and sold prayer beads last month in front of the citadel in Erbil, a Unesco World Heritage site, in the Iraqi Kurdistan region. BARZAN, Iraq — A pair Continue Reading

Norway’s DNO is teaming up with ExxonMobil and a state-backed Turkish company in Ninewa province’s Bashiqa block, under contract by Iraq’s autonomous Kurdistan region. “DNO will assume operatorship of the Continue Reading

Iraq is averaging higher-than-expected oil prices so far this year, but is struggling to maintain export volumes as a result of OPEC cuts and disputes with Kurdistan. A worker from Continue Reading

OPEC’s no.2 Iraq is currently producing 4.32 million bpd of oil, below the 4.351 million bpd ceiling it had pledged in the production cut deal, Iraq’s Oil Minister Jabbar Al-Luaibi Continue Reading

Iraq is doing more than it needs to in terms of working to balance an oversupplied market through an OPEC-led effort, its oil minister said Friday from Moscow. Russian Energy Continue Reading

OPEC’s second-largest oil producer, Iraq, has never hidden the fact that it wants to get the highest possible revenues from its oil. It even pleaded exemption from the cartel’s cuts Continue Reading

By settling with Dana Gas and partners, the Kurdistan region avoids tens of billions of dollars of potential liability and commissions massive new gas production within two years. A flare Continue Reading

Oil price agency S&P Global Platts is proposing to start price assessments for Iraqi Basrah Light and Basrah Heavy crude oil cargoes on a free-on-board (FOB) Basrah basis from Nov. Continue Reading