Minister: Iraq to Increase Oil Output and Exports
Iraq is planning to increase its output and exports of crude in 2019, Iraqi Oil Minister Thamer Ghadhban has said.
Iraq | Egypt Oil & Gas - Part 24
US to Give Eight Nations Oil Waivers for Iran Sanctions
The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the country’s energy sector on November 5.
Iraq to Raise Production Capacity: Minister
The Iraqi oil ministry aims to increase the country’s oil production capacity and further support foreign oil companies to overcome bureaucratic hurdles.
Iraq to Halt Kirkuk Oil Exports to Iran
Iraq plans to stop exporting crude from its northern Kirkuk oilfield to Iran in November in compliance with US sanctions placed on the Iranian energy industry.
Iraq Resumes Sale of Basra Oil on DME
Iraqi state oil marketing company SOMO has sold Basra crude oil on the Dubai Mercantile Exchange (DME) for the first time since January.
Iraq, General Electric Sign MoU
Iraq has signed an agreement with General Electric to develop the country’s power infrastructure.
Siemens, Iraq Sign Agreement for Electricity Reconstruction
The Iraqi Ministry of Electricity has signed a reconstruction agreement with Siemens to boost the country’s economic development including adding 11 gigawatts of power generation within the next four years.
New Iraqi National Oil Company to Produce 7M b/d
Iraq aims to produce 7 million barrels per day (b/d) of oil and export 4 million b/d in 2019 through its newly-established National Oil Company, Oil Minister Jabar al-Luaibi announced on October 20.
UAE’s Dragon Oil Looking to Spend $500M in Acquisitions in 2019
The upstream investment arm of Dubai state-owned ENOC, Dragon Oil, plans to invest $500 million in oil and gas assets next year, chief executive Ali Rashid al-Jarwan said.
10 Killed in IS Attack on Iraq Gas Field
At least ten Iraqi security forces have been killed in an attack by Islamic State (IS) militants on a gas field in the western province of Anbar.
