Iraq Denies Asking For Exemption From OPEC+ Cuts
Iraq rejects stories that they are seeking an exemption from OPEC+ cuts, with Oil Minister Ihsan Abdul Jabbar maintaining that an increase in production would cause crude prices to fall.
Iraq | Egypt Oil & Gas - Part 10
BP Pledges Oil, Gas Investments in the Middle East
BP has affirmed it will continue it will invest more money into Iraq’s, Oman’s, and the United Arab Emirates’ (UAE) oil and natural-gas fields despite the company’s transition to renewable energy and tries to lowe ...
Iraq Revises Price Mechanism for 2021 Shipments
Iraq’s Oil Marketing Company (SOMO) has introduced a new look pricing mechanism used to compensate buyers for fluctuations in the density of its crude exports, which will commence with shipments in 2021.
Iraq Seeks Negotiation with OPEC+ If Cuts Extended
Iraq’s Member of the Parliamentary Oil and Energy Committee, Ghalib Muhammad, is seeking to negotiate with the Organization for Petroleum Exporting Countries and its allies (OPEC+) a reduction in Iraq’s percentage ...
Iraq, Saudi Keen on Future Energy Projects
Iraq’s Minister of Oil, Ihssan Abdul-Jabar, confirmed on November 8 that the Kingdom of Saudi Arabia and Iraq are keen to strengthen energy ties with regard to gas and electricity projects.
Iraq to Produce a New Grade of Crude Oil
Iraq’s state-run Oil Marketing Company (SOMO) has announced its intentions to launch a third strain of crude oil export-grade called Basra Medium.
Iraq Oil Exports in October Rise by 9% MoM
Iraq, OPEC’s third-largest oil producing nation, increased its exports to 2.876 million barrels per day (mmbbl/d) in October up from 2.613 mmbbl/d in the previous month.
Egypt, Iraq Sign Energy cooperation MoU
Minister of Petroleum and Mineral Resources, Tarek El Molla, signed a memorandum of understanding (MoU) with his Iraqi counterpart, Ihsan Abdul Jabbar.
Total Considers Natural Gas Investments in Iraq
French international oil and gas company, Total SE, is considering investing in Iraq’s natural gas sector as the Iraqi government met with Total.
Lukoil Seeks to Inaugurate New Oilfield Projects in Iraq
Russia’s state-run oil company, Lukoil PJSC, is looking to set up new oilfield projects in Iraq despite OPEC+ production cuts and a slump in oil demand.
