Abu Dhabi National Oil Company (ADNOC) has agreed to buy up to 72 million barrels (mmbbl) of Iraqi crude for August and September at steep discounts, Reuters reported, citing Iraqi sources. ADNOC agreed to purchase 32...
Iraq’s Ministry of Oil has signed an agreement with US energy company Chevron to provide technical consultancy services to the Basra Oil Company (BOC) during negotiations over the development of the West Qurna-2...
Iraq’s Ministry of Oil is implementing four projects to capture and utilize associated gas with a combined capacity of up to 1.4 billion cubic feet per day (bcf/d), the ministry spokesperson Salim Al-Rikabi told the ...
Iraq’s Ministry of Oil is advancing the technical and economic preparations for the proposed Basra-Haditha-Kirkuk-Baniyas oil pipeline, as the country seeks to strengthen its crude oil transportation infrastructure an...
Iran has allowed a number of Iraqi oil tankers to transit the Strait of Hormuz after Baghdad repeatedly sought permission through multiple channels, Reuters reported, citing Iran’s state-run Islamic Republic News Agen...
Iraq plans to increase crude oil production to 8 million–10 million barrels per day (mmbbl/d) within six years, more than doubling its pre-conflict output of around 4 mmbbl/d, as Baghdad seeks to expand its production...
Iraq’s planned crude oil pipeline through Syria, aimed at reducing reliance on the Strait of Hormuz and avoiding future export disruptions, is expected to cost at least $15 billion and take around four years to build,...
Egyptian Maintenance Company (EMC), known as San Misr, has secured an international tender launched by Italy’s Eni to supply electrical equipment and components for the Zubair oil field in Iraq, under a contract valu...
Iraq’s Ministry of Oil has confirmed promising hydrocarbon indications in the Al-Qarnain exploration block in Najaf province, marking a potential addition to the country’s light crude resources as appraisal activities...
Dana Gas, the Middle East’s largest private sector natural gas Company, and Crescent Petroleum have commenced natural gas supplies from the Khor Mor field in Iraq’s Kurdistan Region to the Iraqi Ministry o...