Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.
Read More »Iraqi Oil Exports Fall to 5-Month-Low
Iraq has undertaken the second largest cut in oil output after Saudi Arabia among the participants of the OPEC deal signed last year in Vienna.
Read More »Iraq Agreed with Egypt on Establishing Joint Oil Companies
Iraq enjoys an excellent geographic location that overlooks each of Iran. Turkey and the Arab world from the other side.
Read More »Iraq Plans to Double Exports from Amaya Oil Terminal to 1 Million bpd
Iraq is OPEC”s second largest oil producer after Saudi Arabia. recording a daily production of 477.5 million barrels per day in 2016.
Read More »Iraq’s Kurds to Hold Independence Referendum in September
Iraqi Kurdistan is made up of three provinces that are run by an autonomous regional government and protected by their own security services.
Read More »Aramco Raises Crude Pricing to U.S. and Asia on Increased Demand
Saudi Aramco had cut Arab Light pricing to Asia for the past three months as the kingdom fought to defend sales.
Read More »Iraq May Consider Avoid Crude Production
SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.
Read More »Iran Needs to Develop Gas Projects
Currently. Iran has agreements with Iraq and Oman to supply 28 bcm y of gas.
Read More »Min: Iran Supports OPEC Oil Cut Extension
OPEC members are preparing to hold meeting on May 25 to discuss the market and oil cut deal in Vienna.
Read More »Saudi Oil Minister Visits Iraq to Discuss Extension to Output Cuts
Saudi Arabia is pushing to extend the cuts by a further nine months until next March.
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