Iraq Says It Will Participate in OPEC Deal to Cut Output
Country urges OPEC to reduce output by 900,000 barrels a day Nation had previously insisted it should be exempt from cuts Iraq will shoulder part of the burden of oil-output Continue Reading
Ruined by war, Qayarah refinery could rise again
For decades, the Qayarah refinery was at the heart of the local economy: it provided asphalt to build roads around Ninewa province, its diesel output fueled a power plant next Continue Reading
Is Iraq Coming Back To The OPEC Deal?
Iraq may not be going rogue on the OPEC deal after all, and will apparently be putting up three new proposals for discussion at the cartel’s technical meeting in Vienna Continue Reading
Iraq to make suggestions to facilitate OPEC supply cut agreement
Iraq’s oil minister Jabar Ali al-Luaibi will make suggestions at a meeting of OPEC oil ministers at the end of the month to implement an agreement to restrain crude supply Continue Reading
Iraq Will Offer Proposals to Help OPEC Reach Oil Freeze Deal
OPEC meets in Vienna on Nov. 30 to discuss production limits Iran, Russia, Saudi Arabia have signaled optimism about deal Iraq, OPEC’s second-biggest producer, will offer proposals this month to Continue Reading
Iraq’s Oil Contracts Make Joining OPEC Output Cut More Painful
Iraq would have to compensate international oil companies for limits placed on their production, according to industry sources and documents seen by Reuters, further reducing the prospect it will join Continue Reading
Exclusive: Glencore seeks $550 million to raise stakes in Kurdish oil game
Glencore is seeking to raise $550 million from investors via a debt issue guaranteed by oil from Iraqi Kurdistan in an attempt to secure a big slice of the high-risk Continue Reading
Iran, Iraq Oil Ministers Said to Skirt Energy Talks With Saudis
Iraq’s oil minister will bypass energy talks this week in Qatar, where rival producer Saudi Arabia plans to hold talks with Russia on possible collective action to limit production. His Continue Reading
Iraq plans to export 3.163 million bpd of Basra crude in December
Iraq plans to export 3.163 million barrels per day (bpd) of Basra crude from its southern ports in December, slightly lower than in this month, five sources with knowledge of Continue Reading
Iraq sustains high crude output in October
Estimates show Iraq is producing and exporting oil at near-record levels ahead of OPEC quota discussions. By Ben Lando and Staff of Iraq Oil Report Published Monday, November 14th, 2016 Continue Reading