Basra oil terminal damaged in tanker accident
An oil tanker collided with a major piece of Iraq’s offshore export infrastructure late Friday, causing extensive damage to one of the four berths that comprise the al-Basra Oil Terminal Continue Reading
Iraq Could Complicate OPEC Extension
Oil prices are refusing to budge this Friday, despite a large increase in the U.S. rig count and some bearish noises from OPEC. (Click to enlarge) (Click to enlarge) Friday, Continue Reading
Intra-Kurdish tensions high amidst provocations and protests
A volatile rivalry between two Kurdish factions, which burst into deadly fighting two weeks ago in Sinjar, continues to escalate with protests and provocative troop movements.Forces aligned with the Kurdistan Continue Reading
Iraq’s oil exports dip so far in March after OPEC cut
Oil exports from Iraq’s southern terminals have edged lower so far in March, according to loading data and an industry source, although not as much as expected, potentially raising questions Continue Reading
Intra-Kurdish tensions high amidst provocations and protests
A volatile rivalry between two Kurdish factions, which burst into deadly fighting two weeks ago in Sinjar, continues to escalate with protests and provocative troop movements.Forces aligned with the Kurdistan Continue Reading
Iraq Plans to Boost Crude Oil Production and Exports This Year
Iraq pumped 4.57 million barrels a day of oil in February and plans to boost output later in the year even as the OPEC member reaffirmed its commitment to the Continue Reading
Q&A: Oil Minister Jabbar al-Luiebi
By the end of the year, Iraq plans to shatter the record-setting benchmarks it achieved in 2016 for both oil and gas production.Despite an OPEC agreement to limit global supply, Continue Reading
Iran leapfrogs Iraq as India’s no. 2 oil supplier in February: trade data
India’s oil imports from Iran rose nearly 17 percent in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an Continue Reading
Oil Ministry confirms February export decline
Iraq’s Oil Ministry released official export data for January and February on Thursday, confirming prior estimates by Iraq Oil Report suggesting that the country was reducing output in its effort Continue Reading
Kirkuk oil crisis subsides as PUK faction withdraws
An armed faction of the Patriotic Union of Kurdistan (PUK) political party has withdrawn from key energy sites in Kirkuk, signaling at least a temporary resolution to a crisis over Continue Reading