News

The key to Iraq’s production boost lies in the successful implementation of the Common Seawater Supply Project.
By Ahmed Rasheed BAGHDAD (Reuters) -BP, Eni and TotalEnergies have begun evacuating foreign personnel from Iraqi oilfields ...
Two controversial oil and gas fields in the UK — led by Equinor ASA and Shell Plc — will now have the opportunity to re-apply for environmental permits after the government published a ...
Iraq said on Wednesday its oil exports are flowing normally through Hormuz Straits despite the escalating mutual attacks between nearby Iran and Israel. Most of the crude exports by OPEC’s second ...
Iraqi economy already feeling impact from Iran-Israel war with rising dollar, trade freeze & food prices, warns economist Dr. Nawar Al-Saadi. Oil exports at risk.
Synopsis Iraq’s foreign minister warns that the conflict between Israel and Iran could push global oil prices to $200–$300 per barrel. A strike on Iran’s South Pars gas field has reduced production.
ANCHORAGE, Alaska — State transportation officials have shut down the 400-mile road to Alaska’s oil fields after “a significant flooding event,” washouts and erosion across a broad stretch ...
The outgoing director general, Hamza Abdul-Baqi, left his post on May 31 after reaching the mandatory retirement age, according to an Oil Ministry statement. Majeed was nominated to lead SGC the ...
The country’s largest oil field is the state-owned onshore Rumaila oil field, managed by bp and PetroChina, near the city of Basra in the country’s southeast, where Wood’s Iraqi operation is based.
Oil surged as the US government ordered a partial evacuation of its embassy in Iraq amid rising security risks. West Texas Intermediate futures jumped 4.9% to settle above $68 a barrel, the ...
The Iraqi oil and gas market is poised to grow by USD 68.5 billion from 2024 to 2029, with a CAGR of 2.2%. The comprehensive analysis covers market size, trends, drivers like increased capacity ...