U.S.-backed Iraqi forces fought Islamic State fighters on Monday to clear the way to Mosul’s airport, on the second day of a ground offensive on the jihadists’ remaining stronghold in Continue Reading
U.S. Defense Secretary Jim Mattis said Monday the United States does not intend to seize Iraqi oil, shifting away from an idea proposed by President Donald Trump that has rattled Continue Reading
Daniel Yergin Expects Big U.S. Oil Producer OPEC Response Iraqi crude shipments rose 3 percent in the first half of February even after OPEC’s second-biggest producer agreed to participate in Continue Reading
Iraq plans to acquire a “large fleet” of oil tankers to transport the OPEC nation’s crude to global markets, Oil Minister Jabar al-Luaibi said in a statement on Friday. The Continue Reading
“The old expression, ‘to the victor belong the spoils’—you remember. I always used to say, keep the oil. I wasn’t a fan of Iraq. I didn’t want to go into Continue Reading
ABasra leaders are scrambling to contain an outbreak of violence that has targeted political figures and provoked outrage among Shia paramilitary groups.The spate of violence began with the assassination, on Continue Reading
Iraq’s government is ambitious and it wants to make the most of the country’s oil and gas reserves. Plans for an expansion of the country’s refinery network have been circulating Continue Reading
The federal Oil Ministry has begun sending NOC-produced crude to KRG refineries, generating badly needed fuel that will supply areas liberated from IS. New deal links Kirkuk oil and KRG Continue Reading
Iraq, OPEC’s second-largest producer, plans to cut crude exports from its southern port of Basra to 3.013 million barrels per day (bpd) in March, the lowest since August, a loading Continue Reading
Saudi Arabia Cuts Oil Output by Most in 8 Years Iraq’s oil exports are poised to slump to a seven-month low in March as ongoing maintenance at some of its Continue Reading
