News

Iraq's Cabinet said Tuesday that further payments are contingent on the KRG transferring most of its oil production and ...
U.S. designation of a key oil sector logistics provider highlights sanctions risks, prompting Iraqi measures to combat ...
ERBIL/SULAIMANIYA - Iraqi Kurdistan’s oil sector is under attack. The Tawke and Ain Sifni oil fields were struck by armed drones on Wednesday, after drones hit two other fields on Monday and Tuesday.
Hunt Oil knew KRG oil deal in disputed territory According to a State Dept. cable from Iraq, and despite the U.S. Embassy's warnings, the oil company of a George W. Bush intelligence adviser signed a ...
Iraq activates new deal to pay Iran for gas Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions.
Turkey has published notice that it will not renew the treaty governing the Iraq-Turkey Pipeline (ITP), which is now set to expire on July 27, 2026. The end of the ITP treaty creates new uncertainty ...
Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices.
August production falls as Iraq initiates cuts Renewed OPEC-plus pressure pushes Iraq to cut at least 100,000 bpd from state fields and accelerate maintenance plans at other projects in a bid to ...
Basra's fields bore the brunt of the OPEC-plus production curtailments, and they are ready to surge as output quotas lift. Hassan Mohammed Hassan, the Deputy Director General of the Basra Oil Company ...
Attack on HKN-operated Sarsang field coincides with the company's signing of a preliminary upstream deal with the federal Oil Ministry.
Federal financial transfer signals political will to implement an agreement that could result in re-starting northern oil exports, though further hurdles remain.
BASRA - The state-run Iraqi Oil Tankers Company (IOTC) handles the lucrative export of fuel oil from southern Iraq, shuttling the refined product to floating storage in the Basra Gulf. IOTC also helps ...