Iraq’s revenues fell steeply, as the mid-month resumption of Kirkuk oil sales via Turkey was not enough to offset southern export disruptions and sinking oil prices. Nationwide exports fell by Continue Reading
Iran halted late on Tuesday gas exports to neighboring Iraq for several days, in order to repair pipeline damages caused by an earthquake near the Iraqi border on Sunday night, Continue Reading
Iraq is increasingly edging out resellers of its Basra crude grades on the spot market as its state oil marketing company SOMO aims to have greater share and control over Continue Reading
Iraq has allocated 67 percent of its 2019 oil sales to Asia, the country’s oil ministry said on Tuesday, as OPEC’s second-biggest producer aims to sell more of its oil Continue Reading
Power generation plummeted Tuesday after the shutdown of a pipeline carrying natural gas from Iran, which provides more than one-quarter of Iraq’s electricity feedstock. “The pipeline delivering gas to Iraq Continue Reading
Iraq’s crude oil exports from its southern ports on the Gulf stood at around 3.3 million barrels per day (bpd) so far in November, three oil executives said on Tuesday. Continue Reading
Iraq has approved a $156.74 million drilling deal with China’s Bohai Drilling Engineering Co. for the West Qurna Two oilfield, two Iraqi oil officials said on Tuesday. Under the 24-month Continue Reading
Iraq has allocated its oil sales for 2019, with 67 percent of exports going to Asian markets, 20 percent to Europe and 13 percent to North America, the oil ministry Continue Reading
The U.S. wants to use sanctions on Iran to pry Iraq out of Tehran’s orbit but fears it could weaken the country, which is only just emerging from a three-year Continue Reading
Iraq’s oil exports from the Kirkuk oil province could reach up to 400,000 bpd, higher than the 300,000-bpd exported before the halt last year, a Kurdish politician told Sputnik on Continue Reading
