Iraq, Jordan Agree on Oil Pipeline Project

• Tuesday, 4th April 2017
• by Dr. Mahinaz El-Baz

Iraq and Jordan agreed on the development of a $5.6b oil pipeline. The project's preparations and procedures are expected to be completed within the next two months.

Iraq Inaugurates Dhi Qar Oil Company

• Sunday, 2nd April 2017
• by Sarah Samir

The Iraqi Oil Minister, Jabbar Al-Luiebi, officially opened late March the Dhi Qar Oil Company, which will focus on operations work at the Dhi Qar province.

Southern Iraq Exports 3.163mb/d of Oil in March

• Wednesday, 29th March 2017
• by Editorial Team

Iraq’s March production has been reduced by more than its share of 210,000b/d from its southern fields, while northern production has been reduced by around 30,000-40,000b/d so far in March from February.

Iran, Iraq to Lead Middle East Oil Growth

• Wednesday, 22nd March 2017
• by Editorial Team

The research consultancy Rystad Energy indicated that the oil field development in Iran and Iraq is expected to drive the largest production growth in the Middle East over the next four years.

Iraq Discloses Details on New Basra Refinery Project

• Tuesday, 21st March 2017
• by Sarah Samir

The execution of the 300,000b/d refinery project in Basra’s Faw (Fao) is according to the methods of build–operate–transfer (BOT) or build–own–operate–transfer (BOOT), as well as to the investment law of the refineri ...

Iran Starts Pumping 15,000b/d at Azar Oilfield

• Sunday, 19th March 2017
• by Editorial Team

Iran began pumping 15,000b/d of crude oil from Azar oilfield, which it shares with Iraq. Azar development project is aimed at production of 65,000b/d of crude oil.

Iraq, Angola to Extend OPEC Production Cuts

• Tuesday, 7th March 2017
• by Sarah Samir

Iraq and Angola are willing to extend OPEC's production cuts during the second half of 2017 as the global rally in prices shows signs of stalling.

Lukoil Targets New Projects in the Middle East

• Monday, 6th March 2017
• by Editorial Team

Russian oil giant Lukoil is targeting new projects in the United Arab Emirated (UAE), Iran, Oman and Kuwait as it plans to expand its operations in the Middle East.

Iraq Eyes 170b Barrel Reserves by 2019

• Sunday, 5th March 2017
• by Editorial Team

Iraqi Oil Minister, Jabbar al-Li’aibi, disclosed that Iraq aspires to increase its oil reserves to 170b barrels by 2019.

Iraq’s Kurdistan Negotiates $3b Oil Prepayment Deal

• Thursday, 2nd March 2017
• by Editorial Team

Iraq's Kurdistan has increased the loans guaranteed by future oil sales to $3b in new deals with trading houses and Russian state oil firm Rosneft aimed at strengthening its fiscal position.