Tag Archives: Iraq Oil Ministry

Iraq’s Bay Hassan oil field in the northern Kirkuk region was unaffected by an attack, the oil ministry said April 17, as OPEC’s second largest producer continues to grapple with security incidents against its energy infrastructure. Two oil wells in Bay Hassan field were struck by two explosives without causing …

Iraq has formally denied “baseless” reports that it was seeking to opt out of some of the terms of the OPEC+ agreement to limit oil supplies. In an official statement from the country’s Oil Ministry, a spokesman said the reports, based on quotes attributed to Oil Minister Ihsan Abdul Jabbar, …

With the U.S.’s patience wearing thin on its dealings with neighboring Iran, endemic corruption still prevalent in both the south of the country and in the northern semi-autonomous region of Kurdistan, and enduring political chaos with frequently-changing prime ministers popping up whilst the real power remains with firebrand cleric Moqtada …

The world economy will improve after the end of Corona crisis in East Asia, especially as the Republic of China which is the largest importer of crude oil in the world,” The Prime Minister’s Advisor for Economic Affairs, Mathehar Mohammad Salih revealed on Sunday. ” 80% Iraqi oil exports goes …

Iraq, OPEC’s second-largest oil producer, does not rule out OPEC+ members taking extra measures to halt the further slide of oil prices, but any steps will need to take into account global oil market developments, the country’s oil minister said on Tuesday. Iraq’s Thamer al-Ghadhaban, who participated in an emergency …

Iraq’s fragile security situation may limit its plans to expand oil-production capacity in the medium-term.

Operations resumed at Iraq'.s southern Nassiriya oil field on Dec. 30.

Iraq will use additional output from southern oilfields in Basra to make up for the missing shipments from Nassirya field.

OPEC+ oil exporters have coordinated output for three years to balance the market and support prices.

Iraq places special emphasis on energy corridors with Turkey in its search for alternative export routes.