Iraq's crude sales held steady month-on-month despite minor disruptions apparently stemming from the Israel-Iran war.

A barrage of drone attacks in the past four days highlights rising security threats stemming from regional conflicts and ...

Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the Rumaila oil field and elevated output in Kirkuk.

The so-called South Basra Integrated Project (SBIP) is the latest deal for Iraq that seeks to leverage investor interest in upstream oil development to secure financing and technical capacity for ...

Neither the Oil Ministry nor Ukrzemresurs has announced any change in the company's status at Akkas, but the Iraqi government's decision to end the contract was confirmed by two senior Oil Ministry ...

The Basra MP talks about the prospects for and obstacles to energy sector development in southern Iraq, Kirkuk, and Kurdistan. Adnan al-Jaberi, an independent MP from Basra and member of the ...

Oil fields managed by the federal government averaged about 4.34 million bpd, down from 4.40 million bpd in January, according to an Iraq Oil Report analysis based on production data gathered ...

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 ...

Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire. A fire burns at Degassing Station 5 off the ...

Throughout most of 2024, nationwide crude output had been outpacing the production levels of the past two years despite Iraq's tighter quota commitments. But reductions in the final months of the year ...

Exports averaged 3.372 million bpd in 2024, bringing in an estimated $96.08 billion, according to an Iraq Oil Report analysis of Oil Ministry data and its pricing formulas. In 2023, countrywide ...

Iraq has been transferring up to 190,000 barrels per day (bpd) of straight-run high sulfur heavy fuel oil (HSFO) to traders nominated by Iran, two senior Iraqi Oil Ministry officials familiar with the ...