News

Rivalries between political leaders in Sulaimaniya have exploded into violence and undermined relations between Iraqi ...
Export levels were unchanged from July to August as authorities in Baghdad and Erbil continue talks to resume northern crude flows to Turkey.
BASRA - The Iraqi government is taking measures to respond to alleged illicit oil sales following a U.S. sanctions enforcement action in late July that targeted a major fuel logistics provider. The ...
Turkey has published notice that it will not renew the treaty governing the Iraq-Turkey Pipeline (ITP), which is now set to expire on July 27, 2026. The end of the ITP treaty creates new uncertainty ...
SULAIMANIYA/BASRA - Over a month after Baghdad cut off critical budget support to the Kurdistan Regional Government (KRG), the crisis remains unresolved because the two sides cannot agree on an array ...
Iraqi oil exports held steady in June, averaging 3.296 million barrels per day (bpd), according to Oil Ministry data. Oil revenues appeared to increase slighlty on stronger global oil prices.
SULAIMANIYA/ERBIL - Unknown attackers have launched at least seven aerial drones against targets in Iraqi Kurdistan and northern Iraq in the past four days — a string of security incidents ...
Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the Rumaila oil field and elevated output in Kirkuk. Fields managed by the federal ...
Basra's Tuba oil field is the centerpiece of a Chinese-Iraqi consortium's mega-deal that includes upstream, refining, petrochemicals, and power generation. Oil Minister Hayyan Abdulghani (second from ...
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 nationwide crude production fell by about 60,000 barrels per day (bpd) in February, largely due to a partial outage at the Rumaila oil field caused by a large fire that destroyed a storage tank ...