Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global ...

Political tensions skyrocket after recently announced gas deals, resulting in legal challenges and threats to Kurdistan's ...

AL-MAQAL PORT, BASRA - Among the many important roles it plays in Iraq’s energy sector, the General Company for Ports of Iraq (GCPI) is at the center of a fast-track project to import liquefied ...

After decades working his way up through the state-run Basra Oil Company and its predecessor, the South Oil Company, Hassan Mohammed Hassan has become the acting director general of the Oil Ministry’s ...

Iraq's oil exports averaged 3.365 million barrels per day (bpd) in April, according to preliminary Oil Ministry data — an apparent decrease compared to March. Revenues also fell due to weakening oil ...

Iraq’s biggest oil field has recovered from a January fire, boosting nationwide output but posing a challenge to OPEC-plus quota compliance. Workers from the state-run Iraqi Drilling Company work on a ...

Cabinet taps state-run Midland Oil Company as operator for fast-track gas field development with help from SLB, but contentious ouster of Ukrzemresurs could spark litigation. Personnel from the ...

A Baghdad court has rejected a last-ditch effort by the federal Oil Ministry to invalidate the Kurdistan region's oil contracts, cementing a legal victory for oil companies and clearing one potential ...

BASRA - The state-run Iraqi Oil Tankers Company (IOTC) handles the lucrative export of fuel oil from southern Iraq, shuttling the refined product to floating storage in the Basra Gulf. IOTC also helps ...

Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire. A fire burns at Degassing Station 5 off the ...

OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year. A worker stands at the al-Basra Oil Terminal ...

Iraq has been transferring up to 190,000 barrels per day (bpd) of straight-run high sulfur heavy fuel oil (HSFO) to traders nominated by Iran, two senior Iraqi Oil Ministry officials familiar with the ...