Iraq’s Oil Revenues Increase to $5 Billion
Iraq's oil revenues surpassed $5 billion in February through exporting more than 98 million barrels of crude oil (mmbbl).
Iraq's oil revenues surpassed $5 billion in February through exporting more than 98 million barrels of crude oil (mmbbl).
Genel Energy, the Iraq-Kurdistan focused energy producer, has succeeded in boosting its production rates in 2019 despite the decline in its revenues because of payment delays from the Kurdistan Regional Government ...
Iraq is expected to gain approximately $1.75 billion from the sale of 100,000 barrels per day (bbpd) of crude oil to China in 2020,
Iraq plans to increase crude oil production capacity in the next two decades, according to Thamer Al-Ghadhban, Iraq’s Oil Minister.
Iraq plans to raise its crude oil exports to China to reach 300,000 barrels per day (bbl/d), according to Mudher Saleh, Iraq’s Financial Advisor.
The Iraqi Minister of Oil, Thamir Ghadhban, announced on January 4, 2020 the completion of the pre-qualifying process for countries interested in participating in the Iraqi-Jordanian oil pipeline project bid.
Iraq’s southern Nassiriya oilfield operations have been resumed on December 30, 2019, but it will take up to two days for output to be fully restored.
Iraqi oil exports decreased to 3.428 million barrels per day (mmb/d) in December in comparison of 3.5 mmb/d in the previous month
Dana Gas’s average production during the first nine months of 2019 increased by 8% to 67,100 barrels of oil equivalent per day (boe/d), driven mainly by a 23% increase in production in the Kurdistan Region of Iraq ...
The Baeshiqa-2 exploration well in Iraq’s Kurdistan region has achieved a hydrocarbons discovery.