Iraq’s new Oil Minister Jabbar Al-Luaibi has asked the multinational corporations extracting oil on Iraqi lands to increase output, following a strong push by several other members of the Organization Continue Reading
IS militants leave behind dozens of dead civilians, a trashed refinery complex, and a town choked by oil fires. Iraq security forces screen Qayarah residents displaced to a camp in Continue Reading
A general view shows a lake of oil at Al-Sheiba oil refinery in the southern Iraq city of Basra, in this January 26, 2016 file photo. Iraq’s prime minister said Continue Reading
Iraqi Prime Minister Haider Al-Abadi arrives to attend a joint news conference with Italian Prime Minister Matteo Renzi at the end of a meeting at Chigi Palace in Rome, Italy Continue Reading
A worker checks the valves at Al-Sheiba oil refinery in the southern Iraq city of Basra, January 26, 2016. Iraq wants to review contracts with oil companies to cut the Continue Reading
The young boy burst into tears as police apprehended him after he was spotted nervously pacing up and down a street in the Iraqi city of Kirkuk. When they cut Continue Reading
One week into his tenure, Jabbar Allibi has scrapped an austerity policy and notified oil companies they should draw up plans for increased crude production and gas capture. Workers operate Continue Reading
Exports will increase 150,000 barrels a day in next few days New oil minister said last week he saw resolution with Kurds Iraq, OPEC’s second-biggest producer, will increase crude exports Continue Reading
The oil infrastructure of ISIS, on which the terrorist group depends for its survival, took another blow yesterday, this time from the U.S.-led coalition forces, which struck a convoy of Continue Reading
Iraq plans to double the volume of crude it pumps via a pipeline to Turkey to its normal rate of 150,000 barrels per day (bpd) next week, an official at Continue Reading
