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HomeIraq

Iraq

Decision to keep supply tight was proved right, delegates say Group expected to mostly keep output steady at next meeting
International News

‘Unrealistic’ energy policy to spur inflation: Saudi CP

July 16, 2022 Stu Turley

Dubai, 16 July (Argus) — An “unrealistic” energy transition strategy that excludes hydrocarbons could fuel a surge in inflation and energy costs, Saudi Crown Prince Mohammed bin Salman warned today. “Adopting unrealistic policies to reduce […]

Iraq Proposes Clean Energy Investments to BP, Total - Asharq Al-awsat
Geopolitical

Iraq Proposes Clean Energy Investments to BP, Total – Asharq Al-awsat

May 29, 2022 Stu Turley

Iraq’s Oil Minister Ihsan Abdul Jabbar held talks in London and Paris with the chief executive officers of the British Petroleum  Company and France’s Total and officials from the French ministries of economy and energy. He […]

Crude Oil News

Iraq secures Iran gas imports in preparation for summer

May 13, 2022 Mariel Alumit

Iraq is to receive 50mn m³/d of gas from Iran during the four summer months, a supply it will remain reliant on for 5-10 years depending on finding alternatives, Iraq’s minister of electricity Adel Karim […]

Commodities

OPEC+ Misses Production Target By Whopping 2.7 Million Bpd

May 12, 2022 Stu Turley

All 13 members of OPEC saw their production rise by just 153,000 barrels per day. OPEC’s collective production rose to 28.648 million bpd in April. Saudi Arabia, raised its production by 127,000 bpd to 10.346 […]

International News

Can Washington Regain Influence On The World Stage?

May 12, 2022 Mariel Alumit

The global geopolitical system changed forever at the end of the Cold War, and the U.S. has struggled with how to play the new game, unsure of its position on the world stage. A lack […]

Basra Oil Company - ENB
Crude Oil News

Halliburton, Exxon in Talks for Stake in Iraq Oil Field

December 12, 2021 Mariel Alumit

Halliburton Co. and Exxon Mobil Corp. are in talks over the oil company’s stake in the West Qurna-1 field in southern Iraq, the country’s oil minister said. Iraq supports a U.S. partner for Exxon’s stake in the oil […]

Crude Oil News

Lukoil Retracts Decision to Sell Stake in Iraq’s Field: Al-Sabah

July 31, 2021 Stu Turley

Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies, according to Iraqi state-run newspaper Al-Sabah. Iraq’s oil ministry has been in talks with the company […]

Iraq cuts crude oil supplies for most Indian refiners in 2021
ENB Pub Note

Iraq Agrees to Sign Deal with Total to Execute Energy Projects

July 24, 2021 Stu Turley

ENB Publishers Note: Interesting turn by TotalEnergies to help with Iran’s gas fields. This appears to be going against sanctions that are in place. Verification will need to be used.  Iraqi cabinet granted the country’s […]

International News

Iraq inks deal with UAE firm to produce renewable energy

June 28, 2021 Andy Del Prado

Baghdad, Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail announced the signing of an agreement with Masdar, a renewable energy developer based in the United Arab Emirates (UAE), to establish a solar energy project. Ismail, who is also chairman of the Iraqi Ministerial Council […]

Crude Oil News

Iraq signs deal to drill 96 oil wells

June 18, 2021 Stu Turley

Baghdad: Iraq has signed a contract to drill 96 oil wells in the West Qurna-1 oil field located in the southern province of Basra to raise production, according to a statement by the Ministry of Oil. The state-run Basra Oil […]

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