Iraq
Iraq cuts oil production by 170,000 barrels per day as per Opec deal, energy minister says
BAGHDAD: Iraq has cut oil production by 170,000 barrels per day and is expected to cut it further in the...
Iraq exports petroleum to Egypt within days
BAGHDAD: Iraq will begin exporting a daily one million barrels of petroleum per day to Egypt as per an agreement...
Iraq widens poultry import ban to Serbia, Finland and Britain
BAGHDAD: Iraq widened a ban on live and frozen poultry imports to include Serbia, Finland and Britain on Monday due...
Iraqi Kurdistan oil a slippery issue
BAGHDAD: Iran and Turkey are trying to extend their economic influence over Iraqi Kurdistan oil, even as controversy flares over...
Iraq taking first steps to comply with OPEC deal
BAGHDAD: Iraq’s oil minister said on Thursday that the country has begun taking steps to reduce production in line with...
Iraqi PM says KRG exports enough oil to pay for its public servants
BAGHDAD: Iraqi Prime Minister Haider al-Abadi blamed the worsening financial crisis in the Kurdistan Region on Kurdish authorities, suggesting that...
Iraqi private banks’ capital increased
BAGHDAD: Iraqi Association for Private Banks announced that the capital of these banks was increased by 15% during 2016 to...
Iraq seeks to double crude production, rivaling Saudi Arabia
BAGHDAD: Iraq recently awarded seven contracts to increase its production by over 4.7 million barrels per day (mmbd) in the...
International oil companies pull out of Kurdistan
BAGHDAD: Exxon Mobil has pulled out of three of the six exploration blocks it operated in the Kurdistan Region. The...
Kuwait to import gas from Iraq
KUWAIT CITY: Kuwait is set to begin importing up to 200 million cubic feet of gas daily from neighboring Iraq,...
Egypt seeks to import crude directly from Iraq
BAGHDAD: Egypt’s Petroleum Minister Tarek El Molla said his country was seeking to reach an agreement with Iraq over importing...
Egypt seeks to import crude directly from Iraq
CAIRO: Egypt's Petroleum Minister Tarek El Molla said on Thursday his country was seeking to reach an agreement with Iraq...
Iraq could delay OPEC production cuts
BAGHDAD: Iraq added more uncertainty to the integrity of the OPEC deal this week, hinting that it would not make...
Iraq may delay implementation of promised oil cuts
BAGHDAD: Iraq’s state-owned oil marketing company SOMO in an announcement to its customers said that it plans to make oil...
Iraq’s Rumaila oil field achieves 3 Bbbl production landmark
BASRA: The Rumaila Operating Organisation (ROO), composed of BP, PetroChina and the South Oil Company of Iraq, has announced that...
Oil prices rise in anticipation of tighter 2017 market
BAGHDAD: Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC...
Iraq signs 85 mn euro grant from EU to revive liberated areas
BAGHDAD: The Iraq signed on Sunday for an European Union grant worth 86 million euros (US$91 million) to be spent...
Iraq to reach ‘export milestones’ with Petrofac’s $75M oil facility expansion
BAGHDAD: British energy company Petrofac said it secured a $75 million contract to help with the expansion of a crude...
Oil boosted by Iraq OPEC cut comments
BAGHDAD: Iraq is committed to cutting its production to comply with a global pact to support prices, the country’s oil...
Iraq hopes for stable oil market in 1H2017
BAGHDAD: Iraq’s Oil Minister Jabbar Allibi expressed hope to witness a stability in the oil market during the first half...
