Tag Archives: Iraq Oil Company

Iraq has yet to inform its regular oil buyers of cuts to its exports, suggesting it is struggling to fully implement an OPEC deal with Russia and other producers on a record supply cut, traders and industry sources said. Iraq, OPEC’s second largest oil producer, has instructed its biggest company, …

Iraqi protestors have often blocked roads to oil fields and facilities in Iraq since October last year.

This will be the sixth waiver the US has issued for Iraq since US sanctions on Iran energy exports snapped back in November 2018.

Nahr Bin Omar oil field is considered one of the most controversial fields because of the pollution and gas emissions.

Iraqi oil output was around 4.57 million b d in April.

Iraq has adequate supplies of natural gas but has been flaring gas at increasing rates as oil production climbs.

Most of Iraq'.s southern fields in Basrah are operated by international oil companies.

The northern refinery of Baiji was brought back online and is producing 70.000 bpd.

The BOC-operated fields will add 700.000 bpd to overall production by 2024.

Japan will extend additional official development assistance to bring the total to more than 300 billion yen.