Tag Archives: Iraqi News

Iraq and Saudi Arabia are working on sending their crude oil to Europe in an effort to help the continent’s oil refineries which are desperately trying to give up the oil supplies from Russia. According to a report recently published by Bloomberg, more than one million barrels per day of …

Two solar power projects were reportedly given to Chinese corporations by Iraq. This is in accordance with a contract deal between Iraq and China that was reached in 2019 led by former Iraqi Prime Minister Adel Abdul Mahdi. Both solar installations are in the Al-Muthanna Governorate, which borders Saudi Arabia …

OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to demand amid coronavirus restrictions in China. Russia’s invasion of Ukraine has also added to supply concerns, which have increased with Europe’s announced moves on a potential Russian oil embargo. Prices soared …

The technical and engineering staff of the Iraqi Drilling Company (IDC) have completed the drilling of an oil well in the Al-Gharraf field, with a depth of 3,389 meters. IDC’s General Manager, Basem Abdul Karim, said that this oil well is the thirteenth the company completed with the Malaysian Petronas …

Lawmakers passed a new law in March to establish the new national oil company.

Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.

Basra Gas Company. established in May 2013. is one of Iraq’s biggest gas companies.

The Kurdistan Regional Government is holding a referendum on September 25 on independence for the region.

Under the contract. Baker Hughes will develop advanced solutions for flare gas at the al-Nassiriya and al-Gharraf oilfields.

Iran began exporting gas to Iraq in June after several years of delays.