Iraq | Egypt Oil & Gas - Part 3

Iraq Sold About 42 Million Barrels of Oil in July Via Türkiye

Iraq sold about 42 million barrels (mmbbls) of oil in July, including 35.5 mmbbls from its southern ports and 7 mmbbls through Türkiye’s Ceyhan port, Ali Nizar al-Shatari, Director General of Iraq’s state-run Oil Mark...

Iraq and Türkiye Target 1.5 mmbbl/d Under New Framework Talks

Iraqi Oil Minister Basim Mohammed Khudair confirmed setting an export ceiling of up to 750,000 barrels per day (bbl/d) in the official agreement signed with the Turkish Ministry of Energy and Botas company. He noted t...

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 ...

Türkiye, Iraq Eye Broad Energy Pact

Türkiye seeks to conclude a broad energy cooperation agreement with neighboring Iraq following talks with Iraqi Prime Minister Ali al‑Zaidi in the Turkish capital, President Tayyip Erdogan said, according to Reuters. ...

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), which operates a series of oil and natural gas fields, to Türkiye Petrolleri Anonim...

US Receives First Iraqi Fuel Oil Cargoes via Syria

The US has imported fuel oil of Iraqi origin shipped through Syria for the first time, marking a new milestone in Iraq’s efforts to diversify its export routes amid ongoing disruptions to Gulf shipping caused by...

Iraq’s SOMO Seeks Gasoil Cargoes via Spot Tender

Iraq’s State Oil Marketing Organization (SOMO) seeks to purchase gasoil cargoes for delivery in August and September through a spot tender, Reuters reported. The state-owned company is seeking to purchase 127,500 tons...

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

Several international energy companies signed a series of non-binding agreements and memorandums of understanding (MoU) with Iraqi officials, valued at more than $60 billion, during the US-Iraq Business Summit in Wash...

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 was 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-bas...

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