Iraq | Egypt Oil & Gas - Part 2

Iraq | Egypt Oil & Gas - Part 2

Iraq, Türkiye sign one-year pipeline agreement to secure crude exports

Iraq and Türkiye have signed a one-year agreement to maintain operations of the Iraq-Türkiye crude oil pipeline, ensuring the continued flow of Iraqi crude through the country's only functioning export pipeline wh ...

Türkiye, Iraq Eye Broad Energy Pact

Türkiye seeks to conclude a broad energy cooperation agreement with neighboring Iraq “as soon as possible,” following talks with Iraqi Prime Minister Ali al‑Zaidi in the Turkish capital, President Tayyip Erdogan s ...

bp Sells 15% Interest in Iraq’s Kirkuk Oil and Gas Business to TPAO

British Petroleum (bp) has sold 15% of its working interest in its subsidiary in Iraq, BP Energy Company of Kirkuk Limited (BP ECKL), that operates a series of oil and natural gas fields to Türkiye Petrolleri Anon ...

US Receives First Iraqi Fuel Oil Cargoes via Syria

Iraq has begun exporting fuel oil to the US via Syria's Baniyas port for the first time, reflecting a shift in regional trade flows as the country expands alternative export routes amid ongoing disruptions to Gulf ...

Iraq’s SOMO Seeks Gasoil Cargoes via Spot Tender

Iraq’s State Oil Marketing Organization (SOMO) is seeking to purchase gasoil cargoes for delivery in August and September through a spot tender, marking the first such move since January 2025, Reuters reported.

International Energy Companies Sign Over $60 Bn in Agreements with Iraq

Several international energy companies, including Chevron, ConocoPhillips, and bP, signed non-binding agreements and memorandums of understanding (MoU) with Iraq worth more than $60 billion to advance oil and gas ...

Iraq PM Presses for Fair OPEC Share Amid Washington Investment Push

Iraq’s Prime Minister Ali al‑Zaidi said on Tuesday that the country must secure a fair share within the Organization of the Petroleum Exporting Countries (OPEC), responding to reporters who asked whether Baghdad w ...

Iraq Approves Preliminary Agreements to Study Strategic Oil Export Pipelines

Iraq's Cabinet has approved the Basra Oil Company (BOC), Iraq's largest state-owned oil producer, to sign a heads of agreement (HoA) and a non-disclosure agreement (NDA) with a consortium comprising US-based Capit ...

Iraq, OPEC Begin Gradual Restoration of Oil Production Quotas

Iraq's Ministry of Oil stated that OPEC and its allies have begun gradually restoring Iraq's production quotas, particularly the voluntary cuts, as part of efforts to increase the country's production capacity ove ...

Iraq Launches First Northern Exploration Well Since 1978, Targets 4.3 MMbbl/d

Iraq’s Ministry of Oil has launched drilling operations for a new exploratory well in the northern provinces, marking the first exploration activity in the region since 1978, as part of efforts to expand the count ...

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