Oil exports and revenue are back up
Federal Iraqi oil exports reached a four-month peak in August, boosting revenues to their highest mark in a year.The government exported 3.23 million barrels per day (bpd) in August, according Continue Reading
Iraq Pledges to Support an OPEC Freeze Deal, Shifting Its Stance
Al-Abadi backs oil-output cap at Algiers gathering next month Premier previously stressed Iraq’s need to boost production Iraq would support a proposal for OPEC and other major oil producers to Continue Reading
Iraq to support oil output freeze at OPEC meeting: PM
Iraqi Prime Minister Haider al-Abadi speaks on Iraqi Police Day at a police academy in Baghdad, in this file picture taken January 9, 2016. Iraq would support a decision by Continue Reading
Kurdish forces investigate nascent IS cells
Two cells of fighters loyal to the self-proclaimed Islamic State (IS) are operating within territory nominally controlled by the Kurdistan Regional Government (KRG) – the latest sign that the militant Continue Reading
Iraq Agrees With Kurds to Start Talks on Oil Revenue Dispute
Iraqi, Kurds locked in dispute over oil revenue since 2014 Kurds have been bypassing central government with oil exports Iraq’s prime minister agreed with the semi-autonomous Kurdistan Regional Government to Continue Reading
Iraq: Baghdad Threatens To Sell Oil Via Iran
The Iraqi government is considering a plan to market its crude oil through Iran if talks between the State Oil Marketing Organization and the Kurdistan Regional Government (KRG) fall through, Continue Reading
Oil exports from Iraq’s southern ports up from July
Oil exports from Iraq’s southern ports have averaged 3.205 million barrels per day (bpd) so far in August, exceeding the average level seen in July, two officials from state-run South Continue Reading
Iraq Seeks Formal Deal With Kurds to Protect New Oil Exports
Shipments through Kurdish territory resumed after 5-month halt Informal accord may only last a few months: Qamar Energy Iraq’s resumption last week of oil shipments through a Kurdish-controlled pipeline bumped Continue Reading
Bai Hassan field recovering slowly from IS attacks
The Bai Hassan south station is back online, but key infrastructure remains damaged and a well fire is still blazing after two IS attacks in July and early August. IS Continue Reading
Iraq Needs Oil Companies to Drill More, But Can it Pay?
The Iraqi government is asking international oil companies operating in the country to continue to produce oil, but to get used to lower oil prices. Iraq’s oil minister Jabbar al-Luaibi Continue Reading