Iraq has canceled three crude oil cargoes belonging to Russia’s Lukoil amid rising concerns about Western sanctions. The move underscores growing caution within Baghdad’s...
South Korea’s Hyundai Engineering & Construction (Hyundai E&C) has completed major construction work and started commissioning at Iraq’s Basra Refinery Upgrade Project. The company confirmed...
Iraq has officially halted all fuel imports after achieving full production self-reliance in gasoline, diesel, and kerosene. This marks a historic milestone in Iraq fuel...
ExxonMobil is negotiating a new profit-sharing arrangement with the Iraqi government as part of its plan to expand operations in the country’s vital oil...
Iraq’s Basrah crude prices increased as global oil markets stabilized following OPEC+ decisions to pause production hikes for early next year. The rise in...
Iraq’s South Gas Company (SGC) reported a sharp increase in flared gas recovery across the southern provinces. The company said total recovery has reached...
Iran’s National Gas Company confirmed that gas exports to Iraq continue without interruption. The statement came despite regional tensions and ongoing political challenges.
Saeed Tavakoli,...
