Tag Archives: Iraq

The Minister of Oil, Ihssan Abdul-Jabar, confirmed on Sunday the government’s keenness to strengthen bilateral relations with Saudi Arabia in a way that serves common interests. This came on the sidelines of launching work of the Iraqi-Saudi committee in the capital, Baghdad Abdul-Jabbar said in a statement, “this meeting comes …

The Iraqi Ministry of Oil announced on Saturday that one of its priorities is to develop investment projects for associated and free gas. Oil Minister, Ihsan Abdul-Jabbar, said in a statement, “serious work is being done in implementing these projects despite the financial and economic challenges and difficulties, with cooperation …

Gulf OPEC producers the United Arab Emirates and Kuwait, as well as Iraq, are debating whether they should roll over existing oil supply cuts into 2021, as they struggle to stick to their agreed reductions, OPEC and industry sources said. Their hesitance raises the possibility of reviewing output targets when …

Iraqi oil minister Ihsan Ismaael has denied a Reuters report that said Iraq wants to seek an exemption from OPEC+ output cuts in 2021, calling the report “baseless” and reaffirming the country’s support for the curbs agreed in April. “Iraq welcomed the production adjustment decision reached in April 2020 by …

The Kurdistan Region Government in Iraq declared a halt to all oil exports on Friday after experiencing an attack on a crude oil pipeline earlier in the week. The pipeline suffered an attack on Wednesday, disrupting the flow of crude. The KRG-controlled area of Iraq manages oil exports through the …

From his third-floor office in eastern Baghdad, Iraqi Oil Minister Ihsan Abdul Jabbar can see the rowdy protesters below as they march toward Tahrir Square, the symbolic heart of Iraq’s latest uprising. On Sunday, thousands of Iraqis again gathered with national flags at the square, across the Tigris river from …

Total SE is considering natural-gas investments in Iraq, according to the Middle Eastern nation’s government. The two sides held talks this week about projects in western Iraq and near the southern energy hub of Basra, the Iraqi oil ministry said in a statement. They hope to reach an agreement soon, …

Iraq has invited international bidders to develop its Mansuriya gas field near the Iranian border, Iraqi Oil Minister Ihsan Abdul Jabbar told the state news agency INA last week. The invitation comes after the termination of a contract with a group led by Turkey’s state-owned Turkish Petroleum Corp. that also …

Lukoil PJSC is seeking to develop new oilfield projects in Iraq even as slumping crude prices and OPEC+ supply cuts have compelled the company to slash production in the country. Russia’s second-biggest oil producer pumped 400,000 barrels a day last year at its West Qurna 2 project in southern Iraq, …

Iraq expects global oil demand to grow at a pace of 3% a year in 2023, and OPEC’s second largest oil producer does not plan to cancel projects due to the current slowdown, the country’s oil minister said Oct. 20. In 2023, “will start the normal oil demand increase of …