Tag Archives: Iraq

OPEC’s second largest producer, Iraq, plans to increase its oil production capacity to 5.5 million barrels per day (bpd) by the end of the year, up from about 4.4 million bpd now, Iraqi Oil Minister Hayyan Abdul Ghani told the Rudaw news outlet on Wednesday. “The plan is to reach …

Exports from the semi-autonomous region of Kurdistan will resume on Saturday, September 27, following agreements reached between Iraq’s federal government, the Kurdistan Regional Government, and a group of international oil companies, Norway-based oil producer DNO ASA said on Friday. However, DNO, one of the major foreign producers in Kurdistan, will …

Turkey and the federal Iraqi government have agreed to resume oil exports from Iraq’s semi-autonomous region of Kurdistan via a pipeline to the Turkish coast, Shakhwan Abdullah, Deputy Speaker of the Iraqi Parliament, said this weekend. Oil exports from Kurdistan have been halted for two and a half years, after …

Top U.S. and Iraqi officials have discussed the potential resumption of oil exports from Iraq’s semi-autonomous region of Kurdistan and the role of the U.S. oil companies operating in the country, the Iraqi foreign ministry said on Monday. Oil exports from Kurdistan have now been halted for two and a …

Syrian Energy Minister Mohammed al-Bashir announced that he will soon travel to Baghdad, the capital of Iraq, to discuss reviving a significant project with the Iraqi government. In a televised interview, al-Bashir said that he will soon visit Iraq to discuss the rehabilitation of the oil pipeline linking the northern …

Private Chinese oil companies are expanding their presence in Iraq, joining China’s state majors in pouring billions into the development of hydrocarbons in the OPEC member. Per a Reuters report, Chinese independents in Iraq are about to see their collective output there rise to half a million barrels daily by …

Iraq emerged as the second-largest supplier of crude oil to the United States last week, according to data released Sunday by the US Energy Information Administration (EIA). The EIA report showed that total US crude oil imports from nine key countries averaged 5.351 million barrels per day (bpd) during the …

The United States scaled back crude oil imports from Iraq last week, according to data released Sunday by the US Energy Information Administration (EIA). The EIA reported that US crude imports from 10 major suppliers averaged 5.416 million barrels per day (bpd), down 772,000 bpd from the previous week’s 6.188 …

The long-running oil export dispute between Baghdad and the Kurdistan Regional Government (KRG) in Erbil over oil exports and public-sector salaries has now deepened, as Iraq’s Cabinet failed to address the issue in its latest session, just a day after media outlets reported that a resolution was near. According to …

Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern fields, Nasiriyah, Gharraf, and Saba, IraqiNews reported on Monday, marking one of the country’s most significant boosts this year as OPEC+ opens the door to higher member output. According to …