Dozens of Iraqis on Thursday staged a sit-in in the southern, oil-rich city of Basra to protest the reported death of a protester — and the injury of several others Continue Reading
The Basra Oil Company (BOC) and Chevron on Thursday agreed to terms of a confidentiality agreement that could see the U.S. oil giant study – and boost production from – Continue Reading
Pointing to a high level of success for its assets in the Kurdish north of Iraq, Norwegian company DNO said it was paying its first dividend in 13 years. The Continue Reading
Iraq and Turkey must reach a deal with the Kurdistan Regional Government (KRG) first in order to export oil from the Kirkuk fields in northern Iraq via Turkey, Kurdish officials Continue Reading
Iraq’s Federal Supreme Court at the Aug. 14, 2018, hearing of a lawsuit by the federal Oil Ministry against Kurdistan’s oil sector. (Source: Federal Supreme Court media office) Iraq’s Federal Continue Reading
Demonstrations continued in Basra, Missan, and Dhi Qar provinces this week as protesters criticized security force tactics and a slow government response to complaints of unemployment and poor services. The Continue Reading
Iraq’s crude oil production rose to its highest level in 13 months in July—to 4.46 million bpd, Platts quoted the Iraqi State Oil Marketing Organization (SOMO) as saying on Thursday. Continue Reading
Militants of the self-proclaimed Islamic State (IS) group are continuing their grinding campaign of guerrilla warfare, as under-resourced security forces struggle to control a band of volatile territory across northern Continue Reading
Iraqi crude oil production hit its highest in 13 months in July of 4.46 million b/d, the country’s State Oil Marketing Organization said Thursday. Receive daily email alerts, subscriber notes Continue Reading
A high-voltage power line in Iraq has been targeted by Islamist militants eight times over the past two months, the country’s electricity ministry said , adding the latest attack caused Continue Reading
Iraq’s election commission has completed a manual recount of votes from a parliamentary election held in May after the process was cut short in Baghdad, state television said on Monday. Continue Reading
Iraqi Oil Minister Jabar al-Luaibi said oil prices are approaching stability, the al-Sabah state newspaper reported on Monday. Iraq plans to raise oil production to more than 7.5 million barrels Continue Reading
The Iraqi Oil Ministry reported total crude oil exports for July at around 3.5 million barrels per day, relatively unchanged from June. The ministry reported total exports from July brought Continue Reading
Iraq’s oil sector is on edge as protesters continue to threaten to disrupt operations at major fields in Basra. Demonstrations have re-gained momentum this week, especially at the West Qurna Continue Reading
Iraq’s oil exports hit an annual high in July as the country sold 3.87 million barrels per day (bpd) – an increase of more than 70,000 bpd compared to June. Continue Reading
Iraq exported 3.543 million barrels per day (bpd) of crude oil from its southern ports in July, slightly above the June average, the oil ministry said on Wednesday. Iraq exported Continue Reading
Protests continued to escalate in Basra on Tuesday, as demonstrators threatened shut down all roads leading to the super-giant West Qurna 1 oil field. Outraged protesters have flocked back to Continue Reading
Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the “delay and failure” of international companies to resume work at the field, the oil Continue Reading
Production from an oil field in the Kurdish north of Iraq moved beyond its original target rate with the tapping of another well, Norway’s DNO said Monday. The company said Continue Reading
Iraq’s security troops have dispersed two sit-ins in southern Iraq, one at a key oil field, local media report . The field is West Qurna-1, one of the biggest in Continue Reading
Norwegian oil and gas operator DNO ASA said on Monday that it had put a fourth well into production at the Peshkabir oil field in Iraq’s northern region of Kurdistan, Continue Reading
A shut-down of transmission lines left millions without power for hours, reinforcing the grievances of a protest movement that has caused minor disruptions at oil sites. Protesters prepare to burn Continue Reading
As Iraq suffers a crisis of public confidence in its May 12 election results, evidence shows the election commission failed to act on detailed UN warnings about serious problems. Iraq’s Continue Reading
Iraqi oil exports for June, the last full month for which data are available, were slightly higher than the month before on average, the government reported Statistics from the State Continue Reading
Civil unrest in Basra is keeping Iraq’s oil sector on edge, as protests continue and saboteurs have launched at least two minor attacks on energy infrastructure in the past week. Continue Reading
Iranian contractors are working to offset production declines with new pumping technology at an oil field straddling the border with Iraq, state media reported. The official Islamic Republic News Agency Continue Reading
Widespread civil unrest has begun to diminish in southern Iraq, leaving the country’s oil sector shaken but secure – though protesters have vowed to return. Operations at several oil fields Continue Reading
Production from an oil reservoir in the Kurdish north of Iraq has increased by more than 60 percent, Norwegian energy company DNO announced Tuesday. After completing testing on its fourth Continue Reading
A protester holds a sign that reads “We ask the decision makers to provide the things we are deprived of” during a protest in south of Basra, 16 July At Continue Reading
About 200 protesters gathered at the main entrance to Iraq’s Siba natural gas field on Monday, police sources said, following more than a week of unrest over poor services sweeping Continue Reading
Authorities in southern Iraq are concerned about the risk to the nation’s oil given the political unrest gripping Basra, Iraqi media reported Monday. Iraqi newspaper Al-Mada said internet service in Continue Reading
Iraq’s future is again tottering with protests erupting of the country. Baghdad is being confronted by internal unrest, as economic and social problems have spilled over into the political arena. Continue Reading
Curfews have been imposed, troops put on the streets and the internet reportedly shut down. Burgeoning protests in Iraq against corruption and poor services represent a major challenge and risk Continue Reading
Satellite surveillance shows that production has fully resumed at the Bai Hassan field in Iraq. The field is part of a complex of oilfields in Northern Iraq that were shut Continue Reading
Iraqi police have managed to impose control over protesters at some of Iraq’s biggest oil fields in the south, who had been demanding that companies running the fields hire local Continue Reading
The Iraqi government on Thursday attempted to quell five days of protests outside vital Basra oil fields with promises of jobs, electricity, and clean water. One protestor was killed on Continue Reading
Iraqi security forces shot protestors in an escalation of chronic frustration with a lack of jobs and services, including salty water that shut down the Basra refinery.One protestor was confirmed Continue Reading
Iraq has extended the deadline for foreign companies and investors to bid for a project to build a 100,000 barrel-per-day refinery in Kut province, the oil ministry said on Tuesday. Continue Reading
They are from different generations, different countries, and live 1,100km apart. Yet the fates of Suleyman Agalday and Nashwa Nasr are intertwined by policies transforming the Tigris River that has irrigated Continue Reading
Nationwide oil exports were virtually flat in June from a 2018 peak in May, with the largest monthly federal Iraq tanker loadings of the year offset by a multi-day outage Continue Reading
Iraq’s Federal Supreme Court has given lawyers until Aug. 4 to present additional documents in the federal government’s case against the Kurdistan region’s independent oil policy, and set the next Continue Reading
Shell has handed over the operations of the Majnoon oilfield in Iraq to Iraqi state-run Basra Oil Company, exiting the field as it said last year it would do, Reuters Continue Reading
Iraqi Prime Minister Haider al-Abadi said on Wednesday that Iraq would cooperate with OPEC and non-OPEC states to maintain oil price stability and prevent further price hikes. OPEC states, Russia Continue Reading
Oil major Royal Dutch Shell has exited the Majnoon oilfield and handed over all its operations to the state-run Basra Oil Co., two Iraqi oil officials close to the deal Continue Reading
The return of the U.S. sanctions on Iran will not impact an agreement between Iran and Iraq to swap crude oil, Iraq’s Oil Minister Jabbar al-Luiebi said on Friday. Iraq Continue Reading
Plans outlined in agreements with the Kurdish government and Hungarian partners could boost Kurdish oil output by more than 50 percent, Gulf Keystone said. The company said Friday it reached Continue Reading
A ruling Thursday by Iraq’s highest court has deepened the political uncertainty surrounding Iraq’s recent elections and ongoing negotiations to form a new government. The Supreme Court issued a much-anticipated Continue Reading
Iraq’s highest court largely backed a Parliament law requiring a manual recount of the May 12 elections, but political leaders disagree about how to interpret the ruling. Iraq’s Federal Supreme Continue Reading
A 12-person committee will study best international best practices and develop recommendations for implementing a new law to re-create the Iraq National Oil Company. Basra Oil Company Director General Ihsan Continue Reading
Iran has effectively won the struggle to dominate the future of Iraq. It has done so against the formidable Shi’ite Arab populace, and after nearly a month of raw pressure, Continue Reading
