Iraq’s Ministry of Oil stated that the Organization of the Petroleum Exporting Countries (OPEC) and its allies have begun gradually restoring Iraq’s production quotas, particularly the voluntary cuts, as p...
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 country’s...
Iraq is preparing to export crude oil and naphtha through Syrian ports after the Iran war disrupted its main Gulf shipping routes, according to Iraqi and Syrian energy officials and refinery sources, Reuters reported....
Iraq has formally requested Türkiye to extend the existing Kirkuk-Ceyhan oil pipeline agreement for at least one year, as both sides continue negotiations on a new long-term accord, according to Ali Nizar, head of the...
The Egyptian assets of Dana Gas, the Middle East’s largest regional private-sector natural gas company, recorded one of their strongest operational performances since 2017 during the first quarter (Q1) of 2026, with ...
Iraq announced the discovery of a new oil field in Najaf province, close to the Saudi border in the country’s southwest. The field, discovered by China-based Zhenhua Oil, holds estimated reserves of 8.83 billion barre...
Iraq is moving forward with plans for the $5 billion Basra–Haditha crude oil pipeline, establishing a high-level commission to oversee development of the strategic project, Oil & Gas Middle East reported. Iraqi Pr...
Shipping data recorded on April 14 showed that a third Iran-linked tanker was transiting the Strait of Hormuz on the first full day of the US blockade on vessels calling at Iranian ports. US President Donald Trump ann...
Iraq could ramp up its crude oil exports to around 3.4 million barrels per day (mmbbl/d) within a week if the ongoing Iran conflict de-escalates and the Strait of Hormuz reopens, according to the head of the state-run...
Iraq is taking measures to safeguard its oil exports amid ongoing tensions in the Strait of Hormuz. The State Organization for Marketing of Oil (SOMO) has instructed customers to submit crude lifting schedules within ...