Highlights BP, PetroChina to be JV partners in Basra Energy Company Rumaila produces around 1.5 million b/d BP wants to slash output and lower its carbon emissions Iraq has approved Continue Reading
Genel Energy Plc fell the most in more than a year in London trading after saying Iraq’s Kurdish authorities plan to scrap its Bina Bawi and Miran natural gas projects. Continue Reading
Suspected insurgents detonated explosives at the North Oil Company (NOC)-operated Bai Hassan oil field and on a key electricity transmission line from Erbil to Kirkuk on Sunday, the latest in Continue Reading
An attack with an explosive device on an oil field in the northern Iraqi region of Kirkuk was blamed on Islamic State militants, according to an unnamed source who spoke Continue Reading
A pipeline run by Oil Pipelines Co. in Iraq leaked liquefied petroleum gas on July 20, close to where a large plume of the super-potent greenhouse gas methane was detected. Continue Reading
The recent transfer of IQD200 billion (US$137 million) from the Federal Government of Iraq (FGI) in Baghdad to the semi-autonomous region of Kurdistan’s government (KRG) in Erbil raised hopes that Continue Reading
Iraq’s current oil production capacity is 5 mil b/d Minister previously said the target was 7 mil b/d capacity by 2027 Iraq’s OPEC+ quota is rising as coalition easing cuts Continue Reading
There was always something that did not look quite right about Lukoil’s recent announcement that it was going to withdraw from Iraq’s huge West Qurna 2 oil field, located 65 Continue Reading
Reduced hydropower output in Iran amid a water scarcity has prompted Tehran to suspend electricity exports to neighboring Iraq, which relies on Iranian power and gas supply, Iraq’s Electricity Minister Continue Reading
The federal government of Iraq and the semi-autonomous region of Kurdistan pledged on Sunday to cooperate in resolving their differences in energy issues, hoping to turn “a new page” on Continue Reading
