Category: Iraq

OPEC made an early New Year’s resolution when it promised the world that it will get thin – or more accurately that it will thin its output in an effort 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

Results from a well in the Kurdish north of Iraq that was sidelined by lower crude oil prices are promising so far, Norwegian energy company DNO said. DNO said testing Continue Reading

Iraq’s oil exports from its southern ports in the Gulf reached a record high in December, just before the country was due to join other major producers in cutting output Continue Reading

Iraq’s oil minister says crude oil exports from the country’s southern ports inched up last month. Jabar Ali al-Luaibi says the exports for the first time stood at 3.510 million Continue Reading

Iraq has started trimming crude oil production in a managed fashion in order to comply with an OPEC agreement, the oil minister said. “Iraq is dealing wisely” with its commitment Continue Reading

Iraq’s federal government exported nearly 10 percent more oil in 2016 than it did the year before, though the Oil Ministry is cutting production in the new year as part Continue Reading

Iraq has begun implementing measures to reduce national oil output in keeping with an OPEC decision, the oil minister said on Thursday. “Iraq affirms its commitment to the OPEC decision Continue Reading