Militants cause oil output of 175,000 barrels a day to halt Fires still burning at two tanks in Bai Hassan oil facility Kurdish Peshmerga forces in northern Iraq regained control Continue Reading
Iraq’s Cabinet has given approval to activate a Japanese loan offer that will fund an upgrade to the Shuaiba refinery in Basra.The new plans promise to improve the efficiency of Continue Reading
A strike by unpaid tanker truck drivers temporarily disrupted deliveries on Wednesday from Kurdistan’s Shaikan field, which normally produces 40,000 barrels per day (bpd) as part of the region’s core Continue Reading
Country hopes to boost output from fields: deputy oil minister Iraq sees oil output at 4.8 million barrels a day to end-2016 Iraq is negotiating with Exxon Mobil Corp. and Continue Reading
Russian oil company Gazprom Neft said nearly half of the total production from an eastern Iraqi oil field came online this year. Photo courtesy of Gazprom Neft KUT, Iraq, July Continue Reading
Private-sector leaders and government officials in Erbil, Baghdad and Kirkuk are negotiating a plan that would unlock oil production currently tied up in political disputes. Kirkuk Gov. Najmaldin Karim (far Continue Reading
Thousands of supporters of Muqtada al-Sadr, the powerful Iraqi cleric, defied army warnings to demonstrate against the government, highlighting simmering political unrest in Iraq. Protesters packed in to Baghdad’s Tahrir Continue Reading
In its formal request for $5.3 billion in new loans from the International Monetary Fund (IMF), Iraq’s finance ministry has suggested a new version of an oil and revenue deal Continue Reading
Iraq has reached a benchmark in the country’s efforts to reduce the wasteful practice of gas flaring and fully exploit valuable hydrocarbon assets by exporting its first cargo of liquefied Continue Reading
Iraq has suspended Basra Light crude oil loading at two export terminals in the country’s south after a pipeline leak, four shipping and trade sources said on Monday. One of Continue Reading
