Sunday, 3rd October 2021
Iraq has recorded oil exports reached 92.4 million barrels during September 2021 achieving revenues estimated at $6.71 billion.
Sunday, 25th July 2021
The Iraqi Minister of finance, Ali Allawi, has signed an agreement with the Lebanon’s Minister of Energy and Water, Raymond Ghajar, to supply Lebanon with fuel of 1 million tons per year from the surplus of its refineries.
Tuesday, 15th June 2021
The Egyptian General Petroleum Corporation (EGPC) renewed its contract with the Iraqi government to import about one million barrels (bbl) of crude oil per month.
Thursday, 3rd June 2021
Iraq’s total crude oil exports amounted to 89.9 million barrels (mmbbl) with revenues of $5.9 billion in May.
Wednesday, 26th May 2021
The Iraqi oil exports, during April, reached 88.319 million barrels (mmbl) achieving revenues estimated at $5.55 billion.
Thursday, 25th March 2021
The Iraqi State Organization for Marketing of Oil (SOMO) has awarded a contract to supply 750,000 of straight-run fuel oil (SRFO) per month to Chevron Corporation and Reliance Industries in addition to an unidentified Iraqi oil trader from April to September.
Tuesday, 24th November 2020
Iraq’s Oil Marketing Company (SOMO) has introduced a new look pricing mechanism used to compensate buyers for fluctuations in the density of its crude exports, which will commence with shipments in 2021.
Tuesday, 3rd November 2020
Iraq’s state-run Oil Marketing Company (SOMO) has announced its intentions to launch a third strain of crude oil export-grade called Basra Medium.
Thursday, 8th August 2019
Iraq's crude oil production increased to 4.62 million per day (b/d) in July, recording its highest level since January 2017.
Monday, 15th July 2019
Iraq’s oil exports from its southern ports have reached 3.42 million barrels per day (b/d) since the beginning of July.