Iraq Reduces Exports From Basra Terminal
Iraq will reduce the amount of crude oil it exports via its largest port terminal in Basra to 3.013 million bpd next month, according to loading data seen by Reuters. Continue Reading
Trump Moves Spark Iraqi Anger, Calls Against Future Alliance
Reverberations from President Donald Trump’s travel ban and other stances are threatening to undermine future U.S.-Iraqi security cooperation, rattling a key alliance that over the past two years has slowly Continue Reading
Fireballs and booby traps: On the front lines with the oil workers battling ISIS
The flames exploded into the sky like a volcanic eruption, blanketing a swath of the Iraqi countryside in a noxious haze of black smoke. The inferno reached more than 300 Continue Reading
More drilling planned for Kurdish north of Iraq
Steady payments from the Kurdish government in Iraq and improved market conditions means it’s time to start drilling more, Norwegian company DNO said. DNO said it received $210 million in Continue Reading
Taq Taq decline highlights Kurdistan oil woes
Within two years, production at one of Kurdistan’s flagship oil fields has collapsed by about 75 percent.The rapid decline of the Taq Taq field is an emblem for Kurdistan’s struggling Continue Reading
Iraqi oil player may be facing headwinds
Iraqi oil player Gulf Keystone Petroleum said it was planning further investments this year, but still facing commercial pressures. The company is among those with a strong focus on the Continue Reading
Iraq Plays Ball With OPEC as Tanker Tracking Shows Flows Are Cut
Oil flows out of Iraq suggest that the Middle East country is complying, at least in part, with OPEC’s plan to curb production. Observed shipments in January were 109,000 barrels Continue Reading
Parliament jump-starts stalled oil corruption inquiry
Iraq’s Parliament has re-launched a committee to investigate oil sector corruption – the latest in a series of attempts to hold senior officials accountable for allegedly taking bribes.In a Jan. Continue Reading
U.S. interests in Iraq at risk over Trump provocations
Ten days into his presidency, Donald Trump’s policies and rhetoric have produced a political reaction in Baghdad that could hamper the war against the self-proclaimed Islamic State (IS) group and Continue Reading
Oil Minister: Iraq Has Already Cut 180,000 Bpd Under OPEC Deal
Amid speculation whether Iraq would really play along with the OPEC production cuts, the oil minister of the cartel’s no.2 producer said on Monday that the country had already cut Continue Reading