Tag Archives: Middle East

Iraq temporarily stopped work on an oil field on Sunday and supply from a second production site is at risk as widespread unrest escalates in one of OPEC’s biggest producers.

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

Saudi Arabia’s energy minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels.

Iraq’s government could lose access to its dollar account at the Federal Reserve if the Trump administration imposes sanctions.

Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.

The region lacks significant oil and gas infrastructure.

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.

Iran'.s Persian Gulf University and Iraqi University of Wasit have signed a memorandum of understanding (MoU) in line with the goals to boost the scientific and research cooperation.

Iraq has been one of the weakest links since the OPEC+ alliance began in late 2016.