Kurdistan’s oil sector, once touted as the world’s last great onshore oil patch, is suffering from persistent infrastructure problems, resource downgrades and low oil prices.The latest setback came Monday, when Continue Reading
Iraq’s self-governing Kurds are cementing control over oil produced in the north of the country by agreeing to sell crude pumped in the contested province of Kirkuk, a year after Continue Reading
More capacity was added to operations associated with the Zubair oil and gas field in southern Iraq, Italian energy company Eni said Thursday. Eni and its Zubair partners with the Continue Reading
A tragedy is just waiting to happen in one of the largest cities in the Middle East, engineers warn. The Iraqis who built the dam structure for the Mosul dam Continue Reading
The Iraqi government signed a $296 million deal with Italy’s Trevi firm on March 2 to repair and maintain the strategic Mosul Dam, Alsumaria News reported. An Iraqi government spokesman Continue Reading
LONDON—Genel Energy PLC, the oil company chaired by former BP PLC Chief Executive Tony Hayward, reported its worst loss since listing its shares more than four years ago in writing Continue Reading
Iraq’s oil sales dipped in February, though the federal government’s exports remained near historic highs.Inclement weather was likely the culprit behind a slight reduction in exports from the Basra Gulf.Exports Continue Reading
Iraq’s southern oil exports dropped slightly in February to an average of 3.225 million barrels per day (bpd), the oil ministry said on Tuesday. Shipments from the southern terminals in Continue Reading
Iraq was the second-leading contributor to the growth in global oil supply in 2015, behind only the United States. Crude oil production in Iraq, including fields in the Kurdistan Region Continue Reading
OPEC oil output has fallen in February from the highest monthly level in recent history, a Reuters survey found on Monday, due to a halt in Iraq’s northern exports and Continue Reading
