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HomeIraq

Iraq

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

BP’s New $25 Billion Investment in Iraq’s Kirkuk Fields Is Far More Than an Oil Project—It’s a Geopolitical Pivot

October 29, 2025 Clark Savage

In a bold move that underscores the intertwining of energy ambitions and regional politics, British Petroleum (BP) has activated a massive $25 billion redevelopment project in Iraq’s northern Kirkuk region. This investment, formalized earlier in […]

ENB Pub Note

Iraq Secures First Floating LNG Import Platform Deal with U.S. Firm

October 28, 2025 Clark Savage

In a landmark move for Iraq’s energy sector, the country has inked its inaugural agreement for a floating liquefied natural gas (LNG) import terminal with U.S.-based Excelerate Energy, Inc. This deal, valued at approximately $450 […]

Crude Oil News

Some Oil Traders Spooked by Crude Inventory Build

October 16, 2025 Clark Savage

In the volatile world of energy markets, recent data from the U.S. Energy Information Administration (EIA) has sent ripples through trading desks. The latest Weekly Petroleum Status Report, released on October 8, 2025, revealed a […]

Crude Oil News

Oil Contango Grips 2026 as Trade Friction Fans Glut Worries – Or Not as OPEC+ may not be able to produce new quotas

October 14, 2025 Clark Savage

As global oil markets navigate a complex landscape of supply increases, geopolitical tensions, and economic uncertainties, a notable shift has emerged in the futures curve for 2026. West Texas Intermediate (WTI) crude timespreads for several […]

Critical Minerals

Does California Still Have Any Refineries? – ENB Weekly Recap

October 11, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Update on the Chevron Refinery in California – A national security disaster just got worse as a possible drone strike October 4, 2025 Clark Savage The Chevron El Segundo Refinery, located […]

Big Oil Companies

Does OPEC+ Really Have Spare Capacity?

October 9, 2025 Andy Del Prado

Daily Standup Top Stories OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike October 8, 2025 Clark Savage In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by […]

Crude Oil News

China to Build 11 New Oil Storage Sites in 2 Years

October 8, 2025 Clark Savage

In a strategic move to bolster its energy security amid global market volatility, China is accelerating the construction of 11 new oil storage facilities over the next two years. State-owned oil giants such as Sinopec […]

Big Oil Companies

Exxon Considers Return to Iraq: A Potential Re-Entry into the Majnoon Oil Field

October 8, 2025 Clark Savage

In a significant development for the global energy sector, ExxonMobil is reportedly in advanced talks to re-enter Iraq’s oil industry after a nearly two-year absence. The U.S. energy giant is eyeing the massive Majnoon oil […]

Crude Oil News

OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike

October 8, 2025 Clark Savage

In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious […]

Crude Oil News

Low Oil Prices: Saudi Gift to Trump or Ticking Bomb?

October 7, 2025 Clark Savage

ENB Pub Note: This article from Irina Slav on Oilprice.com is excellent, and we will cover this on our daily standup podcast. OPEC+ has agreed to modest monthly production boosts, keeping oil prices range-bound around […]

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