At least three rockets hit the Iraqi military air base of Balad, north of Baghdad, where some U.S. contractors are billeted, Iraqi security officials said on Monday. Three other rockets Continue Reading
Iraq’s Parliament votes for an emergency 12 trillion ($10.2 billion) financing law on Nov. 12, 2020. (Source: Iraqi Parliament media office) BASRA – Oil Minister Ihsan Ismaael has filed an Continue Reading
irkuk exports from Turkish port fell 3.7% Iraq beached its OPEC+ quota in March Iraq’s quota will rise to 3.905 million b/d in May Dubai — Iraq’s federal oil exports, Continue Reading
Oil Minister Ihsan Ismaael has filed an official objection to several key provisions in Iraq’s 2021 national budget law, including problems that would result in payment delays for oil companies. Continue Reading
The China Petroleum & Chemical Corp. (Sinopec) last week signed a 25-year deal with Iraq’s Ministry of Oil that gives it a 49 per cent stake in the Mansuriya non-associated Continue Reading
Nationwide oil output fell by 100,000 bpd, but the Oil Ministry is poised to bring new production online as OPEC quotas look set to ease. A Basra Oil Company worker Continue Reading
After signing a Heads of Agreement with Total, Iraq is entering a difficult phase of negotiation over the contracts that would govern the multi-billion-dollar, multi-faceted energy investment. In a statement Continue Reading
Iraq aims to finalize the sale of Exxon’s stake in the West Qurna-1 oil field by the end of June even after rival U.S. supermajor Chevron Corp. rejected overtures to buy the Continue Reading
Iraq’s Oil Minister, Ihsan Abdul-Jabbar, announced last week that the country plans to increase its oil production capacity to 8 million barrels per day (bpd) by 2029, compared to current Continue Reading
ExxonMobil is attempting to sell its stake in the West Qurna 1 oil field to two Chinese companies, setting an end-April deadline that has prompted fraught negotiations with the Oil Continue Reading
