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HomeIraq

Iraq

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

OPEC+ Country Members Reaffirm Commitment to Market Stability

January 4, 2026 Clark Savage

In a virtual meeting held on January 4, 2026, eight key OPEC+ nations—Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman—reaffirmed their dedication to maintaining stability in the global oil markets. […]

Has the Shadow Fleet met its match?
Crude Oil News

Has the Shadow Fleet Met Its Match? Will OPEC+ Be The Beneficiary? 

December 19, 2025 Clark Savage

The global energy landscape has long been shadowed by the so-called “shadow fleet”—a network of aging, often poorly maintained tankers that evade international sanctions to transport oil and liquefied natural gas (LNG) from countries like […]

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 […]

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