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HomeIraq

Iraq

Crude Oil News

Why is China Buying So Much Oil to Stockpile?

September 18, 2025 Clark Savage

China, the world’s largest importer of crude oil, has been on a buying spree in 2025, amassing stockpiles that are raising eyebrows across global energy markets. With crude prices hovering at levels reminiscent of two […]

AI

Baltic Drone Strikes Hit Russian Oil Exports

September 18, 2025 Andy Del Prado

Daily Standup Top Stories Fed cuts rates by 0.25% after flagging risks from softening labor market September 17, 2025 Clark Savage The Dow Jones Industrial Average eked out a modest 0.1% increase, while the Nasdaq Composite […]

Flames emerge from flare stacks at Nahr Bin Umar oil field, north of Basra, Iraq September 16, 2019. Source Reuters
Crude Oil News

Global Oil and Gas Field Decline Rates Are Increasing, IEA Says – Trillions of dollars needed just to meet decline curves.

September 16, 2025 Clark Savage

In a stark admission that underscores the fragility of global energy supply, the International Energy Agency (IEA) has revealed that decline rates in mature oil and gas fields are accelerating, putting unprecedented pressure on the […]

Big Oil Companies

OPEC Plus Add It Again – ENB Weekly Recap

September 13, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has […]

Crude Oil News

China Continues to Stockpile Crude Oil Through 2026

September 8, 2025 Clark Savage

As global energy dynamics shift amid geopolitical tensions and fluctuating supply chains, China remains a pivotal player in the crude oil market. In 2025, the world’s largest oil importer will continue its aggressive stockpiling strategy, […]

OPEC + is increasing output - Energy New Beat
Crude Oil News

OPEC+ Agrees in Principle to Increase Production in October

September 6, 2025 Clark Savage

In a move signaling a strategic pivot toward reclaiming market share amid softening global demand, OPEC+ has reached a preliminary agreement to boost oil production starting in October 2025. Key members of the alliance, including […]

Iraq
Crude Oil News

U.S. Sanctions Pinpoint Iranian Oil Disguised as Iraqi Crude

September 3, 2025 Clark Savage

In a significant move to curb Iran’s illicit oil revenues, the U.S. Treasury Department has imposed sanctions on a shipping network accused of smuggling Iranian crude oil by disguising it as Iraqi crude. The network, […]

Iraq
International News

Iraq shortlists two firms for LNG import terminal

August 19, 2025 Mariel Alumit

The Ministry of Oil said in a statement on Saturday that six firms were invited to submit technical and commercial bids for the project, given Iraq’s urgent need to secure electricity and operate power stations. […]

Carbon Tax

Get Ready to Be Taxed on Your Sun Use!

August 11, 2025 Andy Del Prado

Daily Standup Top Stories Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants August 10, 2025 Clark Savage In a bizarre twist of environmental policy, Germany’s push toward Net Zero emissions has […]

Crude Oil News

Oil and Gas Rigs Still Near 3-Year Low and We Need More Online

August 9, 2025 Clark Savage

In the ever-volatile world of energy, the oil and gas sector is facing a paradoxical challenge: rig counts remain stubbornly low, hovering near three-year lows, even as global demand continues to push boundaries. As of […]

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