Iraq Vows to Cut Oil Output
Iraq will reduce crude oil production levels starting from October, according to the Iraqi Minister of Oil, Thamer Ghadhban.
Iraq will reduce crude oil production levels starting from October, according to the Iraqi Minister of Oil, Thamer Ghadhban.
The Iraqi Ministry of Oil announced that it has signed a deal with Stroytransgaz for the exploration, development, and production of bloc 17 in the Western Anbar province.
The Iraqi Ministry of Oil announced that crude exports increased in August to 111.706 million barrels, with revenues of more than $6.341 billion.
The Organization of the Petroleum Exporting Countries (OPEC) has recorded its first monthly increase in oil output this year.
A number of investment opportunities in Iraq’s gas and petrochemicals field have been presented to Saudi investors.
The Abu Dhabi National Energy Company (TAQA) announced that its Iraq-based unit has set a production record from the Atrush oilfield in the Northern Kurdistan Region of Iraq (KRI).
The Iraqi Ministry of Oil announced that domestic production of gas oil and gasoline has increased during 2019.
Iraq's crude oil production increased to 4.62 million per day (b/d) in July, recording its highest level since January 2017.
Genel Energy has expressed its confidence that construction of the Bina Bawi gas project in the Kurdistan Region of Iraq (KRI) will begin next year after discussing terms with the regional government.
The Iraqi Ministry of Oil announced that oil exports rose from 3.52 million barrels per day (b/d) to 3.566 million b/d in July.