Iraq has approved a development plan for the Eridu oilfield submitted by Russia’s Lukoil in November 2021, opening the door for the Russian privately held oil producer to proceed to the development phase. Lukoil said […]
Iraq’s Foreign Minister Fuad Hussein speaks during a joint statement with Russia’s Foreign Minister Sergei Lavrov, in Baghdad, Iraq February 6, 2023. REUTERS/Ahmed Saad BAGHDAD, Feb 6 (Reuters) – Iraq will discuss with Washington this […]
Iraq continues to rely on Iran for around 40 percent of its power supplies. Iraq flared the second largest quantity of gas in the world. The potential for gas capture in Iraq is huge and […]
Saudi Arabia and Iraq have agreed to complete work on a number of important joint projects in the fields of gas, petrochemicals, electricity and renewable energy, and to intensify communication between them to discuss more […]
NewsTurkey-Syria Border Turkish military planes have hit targets in northern Syria and Iraq, bombing bases Turkey’s defence ministry claimed were used by those behind an explosion in central Istanbul last weekend that killed six people […]
Iran has strongly condemned a call by France, Germany and the United Kingdom for the United Nations to investigate the accusations that Russia has used Iranian-origin drones to attack Ukraine, according to its foreign ministry. […]
Dubai, 21 October (Argus) — The political stalemate that brought Iraq to the brink of civil war this year was broken earlier this month, paving the way for a new government to start investing the […]
Iraq (Federal Iraq and Kurdistan Regional Government) is the second-largest crude oil producer in OPEC after Saudi Arabia. It holds the world’s fifth-largest proved crude oil reserves, at 145 billion barrels, representing 17% of proved reserves […]
Iraq has resumed crude oil exports from Basrah Oil Terminal after an oil spill that occurred late Sept. 15 halted loadings from the facility, curbing some 1 million b/d of exports from OPEC’s second biggest […]
August 2022 will see many grades reach their highest-ever market differential. Gulf producers balance tight supply and signals of demand destruction as they set prices for August. The arrival of Russian Urals into India and […]
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