The government of Iraqi Kurdistan has paid international oil companies for the first time in seven weeks, as rising crude prices give a much-needed boost to the region’s coffers. DNO Continue Reading
President Donald Trump told the CIA on Saturday that the so-called Islamic State probably would never have existed if the United States had seized Iraq’s oilfields, a claim that flies Continue Reading
For one brigadier in Iraq’s elite Counter Terrorism Service (CTS), the final stage of liberating the eastern half of Mosul was personal: he could rescue his relatives. On Wednesday, as Continue Reading
Despite losing ground in Mosul, IS militants to the east have stepped up insurgent attacks, conducting deadly raids on security forces, oil infrastructure, and rural villages. Hadi al-Amiri (R), the Continue Reading
Shell has signed a $210 million contract with Halliburton to drill 30 wells in Iraq’s Majnoon oil field, two oil sources said on Thursday. The agreement will double the field’s Continue Reading
Iraq has reduced the rate of its oil exports by about 6 percent as it begins the difficult process of implementing an OPEC agreement to cut production.”I’m confident we can Continue Reading
Amid the ongoing struggle over oil control between the Iraqi Kurds and the Iraqi central government in Baghdad, the Iraqi central authorities have halted exports of oil from Kirkuk via Continue Reading
The Kurdish north of Iraq continued to show its oil potential after a driller said operations were paving the way for additional exports. Oryx Petroleum Corp., a Canadian company focused Continue Reading
Iraq plans to raise crude exports from its southern port of Basra to an all-time high in February, keeping exports high even as OPEC production cuts take effect this month. Continue Reading
Iraq has reduced its oil production by 160,000 barrels a day as it starts to make the cuts it agreed to in a deal with other OPEC members last year. Continue Reading
