The statement last week from Iraq’s Oil Minister, Ihsan Abdul Jabbar, that the newly resurrected Iraqi National Oil Company (INOC) has been given government approval to acquire ExxonMobil’s 32.7 percent Continue Reading
The Iraqi government is attempting to take over ExxonMobil’s operating stake in the West Qurna 1 oil field rather than approve a sale to international investors. In a Jan. 5 Continue Reading
December exports up 0.5% to 3.677 million b/d Quota rose to 4.237 mil in Dec b/d, vs 4.193 mil b/d in Nov January quota stands at 4.281 mil b/d Iraq’s Continue Reading
Highlights Cabinet grants approval for INOC’s takeover of stake: minister ExxonMobil had filed lawsuit last year over stake sale ExxonMobil wanted to sell stake to a third party The Iraqi Continue Reading
Federal Iraq pumped 3.277 mil b/d, just 4,000 b/d more than Nov Production quota was 4.237 mil b/d in Dec vs 4.193 million b/d in Nov OPEC+ set to meet Continue Reading
An Iraqi oil pipeline burns after sabotage by anti-U.S., pro-Saddam militants Sept. 8, 2003 near Kirkuk, in northern Iraq. Credit: Scott Peterson/Getty Images It’s 6 p.m. and the pink-tinged skies Continue Reading
Iraq’s Federal Supreme Court on Monday upheld the results of the country’s October parliamentary elections , resolving a dispute that had stalled the formation of a new government as Iran-backed Continue Reading
Kurdish Peshmerga forces oversee digging of defensive trenches in the village of Lheiban , Iraq, Tuesday, Dec. 7, 2021. For the first time since the defeat of Islamic State, federal Continue Reading
Tribesmen living near the Gharraf oil field in Dhi Qar province shot a rocket-propelled grenade (RPG) and heavy machine gun bullets at police in anger over water shortages, as environmental Continue Reading
Iraq’s semi-autonomous Kurdistan Regional Government (KRG) has run up nearly $5 billion worth of debt to power producers — a major factor complicating efforts to improve electricity service and attract Continue Reading
