Iraq | Egypt Oil & Gas
Iraq to End Gas Flaring by Early 2029
Iraq plans to eliminate gas flaring by early 2029 and expand domestic gas production through new projects involving Chevron, ExxonMobil and HKN, Oil Minister Bassem Mohammed Khudair told the Iraqi News Agency (INA) on...
Iraq Signs MoU With ExxonMobil for Second Phase of Seawater Project
Iraqi Basra Oil Company has signed a memorandum of understanding (MoU) with US energy major ExxonMobil for the second phase of a seawater utilization project, according to a statement by Iraqi News Agency (INA). The s...
Gulf Keystone-Shamaran $601Mn Merger to Create Major Iraqi Kurdistan Oil Producer
Gulf Keystone Petroleum, a London-listed oil producer, will merge with Norway’s Shamaran Petroleum in an all-share deal valued at $601mn, creating one of the largest oil producers in Iraq’s Kurdistan Regio...
OPEC Oil Output Rises in September
Oil production by members of the Organization of the Petroleum Exporting Countries (OPEC) increased by 1.78 million barrels per day (mmbbl/d) month on month (MoM) to 21.49 mmbbl/d in September 2026, driven by increase... Iraq Plans to Raise Kirkuk Oil Output to 450,000 bbl/d
Iraq plans to raise oil production from four Kirkuk oil fields to 450,000 barrels per day (bbl/d) and develop gas output of 500 million standard cubic feet per day (mmscf/d), Oil Minister Basim Al-Abadi said on Octobe...
Iraq’s Oil Exports Reach 2.7 mmbbl/d, Plans Further Increases
Iraq’s crude oil exports have reached about 2.7 million barrels per day (mmbbl/d), and the Ministry of Oil is working to increase shipments through its northern and southern export outlets and boost flows throug...
bp Reaffirms Middle East Commitment Amid Restructuring
British Petroleum (bp) has no intention of shying away from the Middle East, CEO Meg O’Neill told the Energy Intelligence conference in London on Monday. O’Neill added that bp is working with the...
Syria-Iraq Fuel Corridor Begins Gasoline Shipments
Gasoline shipments from Syria to Iraq have begun by road, establishing a two-way energy corridor that Baghdad has been developing as an alternative route following disruptions to shipping through the Strait of Hormuz,... 
