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IRAQI OIL MINISTRY
OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...- Iraq approves preliminary agreements to study strategic oil export pipeline projectsIraq's cabinet has greenlit preliminary deals for strategic oil export pipeline studies. A consortium featuring US firms Capital TI and Che...
- Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources sayBaghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further dest...
- Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
- Iraq projects oil production to return to pre-war levels within two monthsIraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait o...
- Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
- Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopesWhy are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...
- UAE and Saudi Arabia report drone incidents as Iran war deadlock drags onA drone strike caused a fire at the Barakah nuclear power plant in the UAE, while Saudi Arabia said it intercepted three drones that entere...
- A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
- Trump says no need for China's help on Iran as shippers seek passage through HormuzPresident Donald Trump states no help is needed from China to end the Iran war. He believes the US will win the conflict. Iran is firming i...
- US targets Iraq's deputy oil minister and militias with sanctions for aiding IranAmerica has imposed sanctions on Iraq's deputy oil minister and certain militias. These actions are due to their alleged support for Iran. ...
- Iraqi government, Kurdish authorities reach deal to resume oil exports to Turkey's Ceyhan portIraq and the Kurdistan Regional Government have reached an agreement to restart oil exports to Turkey's Ceyhan energy hub. Oil flow is expe...
- Iraq plans to boost light oil output, exports to 1 million bpd in 2019Iraq is OPEC's second-largest producer and pumps around 4.6 million bpd with the majority of its crude exports going to Asia.
- GE reaches $23.5 mn settlement on Iraq bribe chargesBusiness Conglomerate General Electric will shell out $23.5 million to US market regulator SEC to settle charges that it was involved in il...
- Iraq accuses Iran of seizing oil well near borderIranian forces crossed into Iraq and seized an oil well just over the two countries' disputed border.
- Shell agrees landmark 4.0 bn-dollars gas deal with Iraq: reportAnglo-Dutch energy giant Royal Dutch Shell has agreed to a joint venture deal worth up to four billion dollars (2.8 billion euros) to captu...
- China to charge $6 a barrel to develop Iraq fieldIraq on Tuesday cleared a plan to develop an oil field south of Baghdad in collaboration with China Petroleum, which will charge Baghdad a ...
- US oil company says it has ended talks with IraqA major independent U.S. oil producer said Wednesday that it has terminated negotiations with Iraq to develop an oil field.
- Iraq resumes oil exploration after 20-year breakIraq said today it was resuming exploration of its immense oil reserves after a break of nearly 20 years because of crippling UN sanctions.
- Iraq oil exports unaffected by fighting: OfficialIraqi exports of 300,000 barrels of oil per day through Turkey have not been affected by a Turkish military operation on the countries' bor...
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