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Iraq’s Oil Exploration Company Unveils Five-Year Plan and Advanced Technology

The Oil Exploration Company (OEC) announced on Tuesday that it is equipped with cutting-edge global technology, rivaling that of leading international firms. The company...

Iraq Plans Floating Gas Terminals to Replace Iranian Supply Amid US Sanctions

Iraq is preparing to buy two floating gas processing facilities to replace its reliance on Iranian gas, as US sanctions on Tehran tighten. The Iraqi...

Iranian Oil Tankers Use Fake Iraqi Documents to Evade US Sanctions

Iraq's Oil Minister, Hayan Abdul-Ghani, revealed on Sunday that Iranian oil tankers used falsified Iraqi paperwork to bypass US sanctions. Abdul-Ghani told state media that...

Iraq Explores Oil Exports to Africa

Iraq is considering expanding its oil exports to Africa, according to Minister of Oil Hayan Abdul-Ghani. The government is currently assessing the feasibility of...

Iraq Faces Economic Crisis Over Oil Revenue Payouts

A rising demand for direct payouts from Iraq’s oil revenues is fueling lawsuits and economic concerns. Experts warn that this could push Iraq to...

Iraq Boosts Middle East Gas Production by 2.2%

Natural gas output in the Middle East grew by 2.2% in 2024, reaching 741 billion cubic meters. Taqa, an energy platform, reports that the increase...

Iraq Signs $2B+ Deal with China for Basra Industrial City

Iraq has secured two significant investment agreements with the Chinese company Shang Shin to develop strategic industries in the country, as confirmed by Minister...

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