Tag Archives: SHAFAQ News

U.S. imports of crude oil from Iraq averaged 106,000 barrels per day (bpd) last week, the Energy Information Administration (EIA) said on Sunday, amid a drop in its appetite during the same period. In its weekly report on U.S. oil imports, EIA Said that the U.S. imports averaged million 4.985 …

Under the sponsorship of the Iraqi Prime Minister Mustafa Al-Kadhimi, the agreement for optimal investment projects for associated gas and developing oil fields between the Iraqi Oil Ministry and the French Total was signed today. The agreement includes, according to a statement by Al-Kadhimi’s office, “three contracts between the Iraqi …

The US Energy Information Administration (EIA) said that Iraqi crude oil exports to the US exceeded four million barrels last August. According to a report released by the EIA, Iraq exported to the US, during the first week of August, 120 thousand barrels per day, an average of 150 thousand …

Karbala’s oil refinery will be able to provide premium oil products once it functions in full capacity starting from early 2022, Iraq’s Minister of Oil Ihsan Abdul Jabar said. Abdul Jabar’s comments came in a press conference on the inauguration of the Karbala refinery building earlier today, Wednesday. “The Karbala …

The Ministry of Electricity announced today that the national energy system has lost more than 5,000 megawatts due to the decline in Iranian gas supply to stations in the center and south of the country. The ministry said in a statement that the national system is exposed today, Wednesday, September …

The US Energy Information Administration (EIA) said on Sunday that Iraqi crude oil exports to the US declined to 77,000 barrels per day (bpd) during the past week. According to a report released by the EIA, “The United States imported crude oil from Iraq at a rate of 77,000 bpd, …

Russia’s second-largest crude oil producer Lukoil hopes to increase oil output at the West Qurna 2 project in Iraq to 480,000 b/d next year, the company said during a conference call Aug. 27. Lukoil had previously considered quitting the project in the country due to the current investment climate, but …

U.S. imports of crude oil from Iraq averaged 120,000 barrels per day (bpd) last week, the Energy Information Administration (EIA) said on Sunday, despite a slight decrease in its appetite during the same period. In its weekly report on U.S. oil imports, EIA Said that the U.S. imports averaged 5.423 …

Iraq topped the list of India’s oil suppliers in July, data by Vortexa, an oil and gas analytic platform, revealed. The Vortexa data show that 64pc of India’s July crude imports, or 2.1mn b/d, came from the Middle East, compared with 2.3mn b/d in the previous month. Of the 2.1mn …

On July 18, OPEC+, which includes most members of OPEC and several non-OPEC members (including Russia), agreed to increase monthly crude oil production starting in August 2021. On July 19, after the new OPEC+ agreement was made public, the price of Brent crude oil fell 7% from the previous day …