24.8.2020 Two years ago, Chevron had begun talks with Iraq to explore oil in Dhi Qar province. These talks have recently resumed with officials of the Iraqi Oil Ministry. In case of an agreement, the...
Read more24 August, 2020: The Iraqi News Agency published statements by the Iraqi Oil Minister, Ihsan Abdul-Jabbar, which included that Iraq currently has a production capacity of 5 million barrels per day,...
Read moreA spokesman for the Iraqi Oil Ministry said on Monday, 9th March 2020 that pumping more oil to the markets in these circumstances will lead to a price collapse because the Saudi Aramco company...
Read moreSources told Reuters that OPEC and its allies led by Russia are close to the agreement to reduce oil supplies for next year, to support crude prices and prevent the abundance of oil. The Organization...
Read moreThe Kurdistan region is floating above 45 billion barrels of oil reserves, about a third of Iraq’s 142.5 billion barrels. Kurdistan reserves exceed those of major oil members of OPEC. The...
Read moreIraqi crude oil exports raised to 3.6 million barrels per day in August 2019, from 3.56 million bpd the July, the oil ministry said in a statement. Exports from the southern Basra terminals...
Read morePrime Minister for Energy Affairs and Iraqi Oil Minister (Thamer Ghadhban) stressed his country’s keenness to develop the energy sector in Iraq according to the latest scientific programs and...
Read moreIraqi crude oil exports raised to 3.6 million barrels per day in August 2019, from 3.56 million bpd the July, the oil ministry said in a statement. Exports from the southern Basra terminals reached...
Read moreAccording to Reuters, Iraq’s oil ministry said it was still in talks with US giant Exxon Mobil on a huge deal to improve Iraq’s oil infrastructure. The ministry said its agreement with BP...
Read moreIraq’s Oil Minister Thamir al-Ghadhban said on Wednesday that OPEC and its allies’ agreement to extend oil production cuts by the end of March 2020 would reduce stocks, help stabilize the...
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