The Kurdistan Regional Government (KRG) is stepping up its crackdown on illegal oil refineries. Under orders from Prime Minister Nechirvan Barzani, equipment at these operations will be impounded to ensure Continue Reading
A perfect storm of factors — OPEC cuts, bad weather in the Basra Gulf, and flooding — caused Iraq’s output to fall by more than 4 percent. Iraq’s oil output Continue Reading
Iraqi Prime Minister Adel Abdul-Mahdi traveled to Saudi Arabia this week and met with King Salman, in a sign of deepening relations between two countries that for years had no Continue Reading
Iraq is set to build an oil refinery of 150,000 bpd processing capacity in the northern city of Kirkuk, according to Iraqi Oil Minister Thamer Ghadhban. The ministry said that Continue Reading
The Basra Provincial Council has voted to hold a referendum on creating a new federal region, as local politicians reopen an old populist playbook in response to enduring anger over Continue Reading
When the super-giant Majnoon oil field was threatened by flooding, it wasn’t just the state-run Basra Oil Company (BOC) that sprang into action – it was also Hadi al-Amiri, the Continue Reading
Iraqi Prime Minister Adil Abd al-Mahdi and Kurdistan Regional Government (KRG) Prime Minister Nechirvan Barzani ignored a request to sign key pleadings in a landmark court case – a sign Continue Reading
With production already constrained by OPEC cuts, Iraq’s exports dipped even further as three days of bad weather disrupted Basra Gulf tanker loadings. A worker checks the valve gears of Continue Reading
raq’s oil exports fell month-on-month to an average of 3.377 million barrels per day (bpd) in March, the Oil Ministry said on Monday, as poor weather interrupted loadings and producer Continue Reading
Chinese refiners yet to fully secure Venezuelan crude supply for Q2 Basrah spot differentials rally amid tight heavy crude supply Independent refiners also eye heavy sour Canadian grades Singapore — Continue Reading
