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HomeIraq

Iraq

Crude Oil News

Has California’s Oil and Gas Industry Hit the Point of No Return? – Major Pipelines Could Be Closing Within Weeks.

December 5, 2025 Clark Savage

Katy Grimes, Editor in Chief of the California Globe, and Mike Umbro stop by the ENB Podcast. This podcast rolled around because Katy Grimes, the Editor in Chief of the California Globe, wrote a brilliant […]

Crude Oil News

New York to Ration Fossil Fuels – And Add New Taxes

December 4, 2025 Clark Savage

Michael Tanner and Stu Turley cover several significant developments in the energy industry. First, they discuss New York’s new “Cap and Invest” program, which will ration and tax fossil fuels. We do not see this […]

Crude Oil News

OPEC+ Production Increases and Spare Capacity Audit – Oil Market Implications

December 2, 2025 Clark Savage

ENB Pub Note: This article is from the Bison Insights with Josh Young. Stu Turley, David Blacmon, Josh Young, and Wasif Latif will be live next week, and this article will be one of the […]

Big Oil Companies

ExxonMobil Looks Over Lukoil’s Iraqi Oilfield as U.S. Sanctions Finally Hit Home – What does this mean for Investors?

December 2, 2025 Clark Savage

In a significant development for the global energy sector, U.S. oil giant ExxonMobil has expressed interest in acquiring Russian firm Lukoil’s majority stake in one of Iraq’s premier oilfields. This move comes amid escalating U.S. […]

Iraq
Crude Oil News

Oil Rises as Sanctions Hit and Lukoil Declares Force Majeure in Iraq

November 11, 2025 Clark Savage

In a significant escalation of geopolitical tensions, Russian oil giant Lukoil has declared force majeure at its West Qurna-2 oilfield in southern Iraq, citing disruptions caused by fresh U.S. and U.K. sanctions. This move, announced […]

AI

Energy Addition, Not Transition — What It Really Means for Investors

October 30, 2025 Andy Del Prado

In the global energy landscape, the narrative of a swift “transition” away from fossil fuels to renewables has dominated headlines. However, a closer examination of demand trends, investment patterns, and infrastructure realities reveals a different […]

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 […]

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