Why Kurdish Oil Is a Wild Card for Markets:
If Iraq’s Kurdish territory were a country, it would probably qualify for OPEC membership. It wouldn’t even be the smallest member, given its production of about 600,000 barrels of oil Continue Reading
Overhaul planned for refinery in Kirkuk, Iraq
The refining capacity of a complex in the northern Iraqi city of Kirkuk will be expanded in part to better serve community needs, the Iraqi oil minister said. “The Ministry Continue Reading
Why Kurdish Oil Is a Wild Card for Markets: QuickTake Q&A
If Iraq’s Kurdish territory were a country, it would probably qualify for OPEC membership. It wouldn’t even be the smallest member, given its production of about 600,000 barrels of oil Continue Reading
Wellheads burn at Hamrin field after deadly IS attack
Militants from the self-proclaimed Islamic State (IS) militant group attacked the Hamrin oil field late Monday night, killing four guards and setting multiple wellheads on fire.The attack highlighted the IS Continue Reading
Too soon to say if OPEC should extend output curbs: Iraq
The Iraqi oil minister said on Monday that it was too early to say if OPEC should extend output curbs and that Baghdad was ready to participate if the producer Continue Reading
PUK faction seizes more Kirkuk energy infrastructure
“Black Force” special police took over the North Gas Company headquarters Sunday, and continue to occupy the IT-1 station, as tensions over Kirkuk energy resources escalate. Aso Almany, the leader Continue Reading
Report: Paramilitary force occupies northern Iraqi oil office
Iraqi media reported a Kurdish paramilitary force occupied the offices of a state oil company in Kirkuk in a show of force over the nation’s oil reserves. Forces loyal to Continue Reading
Despite Promises To Cut, Iraq Raises February Oil Exports
Crude oil exports from Iraq went up by 1 percent to 3.85 million barrels daily in February, despite the OPEC oil production cut that has seen Saudi Arabia and other Continue Reading
Armed political faction interrupts Kirkuk exports
The “Black Force” special police unit of the PUK party briefly took over Kirkuk’s IT-1 facility – a sign of deteriorating intra-Kurdish political rivalries. The Jabal Bor production and gas Continue Reading
Iraq’s Oil Exports Are Up, Despite OPEC Output Cuts
Iraq’s crude exports rose 1 percent by volume in February, contrasting with a decrease in monthly shipments by Saudi Arabia after both countries agreed to OPEC’s plan to cut oil Continue Reading