Omicron arrives in Iraq
The number of confirmed coronavirus cases is increasing again in Iraq as the omicron variant spreads and vaccination rates remain low, but the new strain’s milder symptoms are relieving pressure Continue Reading
Iraq Is Preparing For Higher Oil Demand
Iraq is already scheduling crude oil shipments for delivery in March thanks to strong demand, the deputy head of the State Organization for the Marketing of Oil, or SOMO, told Continue Reading
Iraq finalizes Mansuriya contract for next government
Iraq has finalized contract terms with China’s Sinopec for the development of the Mansuriya gas field, although the deal will not be signed before a new government is formed. If Continue Reading
Northern exports resume after Turkey pipeline explosion
An explosion Tuesday evening on the Turkish side of the Iraq-Turkey Pipeline (ITP) temporarily stopped Iraq’s northern oil export flows. Turkish authorities were able to resume pipeline operations by midday Continue Reading
Northern exports resume after Turkey pipeline explosion
An explosion Tuesday evening on the Turkish side of the Iraq-Turkey Pipeline (ITP) temporarily stopped Iraq’s northern oil export flows. Turkish authorities were able to resume pipeline operations by midday Continue Reading
Oil flow resumes in Kirkuk-Ceyhan pipeline after Turkey blast
The flow of crude oil through the Kirkuk-Ceyhan pipeline has resumed, after it was halted on Tuesday due to a blast near the pipeline in the southeastern Turkish province of Continue Reading
Iraq’s December oil surge caps a year of recovering production
Iraq’s overall oil production recovered steadily in 2021 — rising from just over 4 million barrels per day (bpd) in January to nearly 4.5 million bpd in December — as Continue Reading
Iraqi cleric’s push to sideline Iran-backed factions risks clash
Iraq might for the first time in years get a government that excludes Iran-backed parties if a powerful populist cleric who dominated a recent election keeps his word, Iraqi politicians, Continue Reading
Iraq’s December oil surge caps a year of recovering production
Iraq’s overall oil production recovered steadily in 2021 — rising from just over 4 million barrels per day (bpd) in January to nearly 4.5 million bpd in December — as Continue Reading
Iraq sets out blueprint for sovereign wealth fund for clean energy
Iraq is considering setting up a sovereign wealth fund into which it would deposit 1 percent of oil export revenues each month to finance renewable energy projects and build up Continue Reading