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Wednesday, March 4, 2026
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Iraq Launches 24,000-Megawatt Power Project with GE Vernova

Iraq has officially started construction of new 24,000-Megawatt power plants in partnership with General Electric (GE) Vernova. The project aims to build highly efficient...

Iraq: Basrah Crude Prices Slide Amid Global Oil Drop

Iraq’s Basrah crude prices fell sharply amid a downturn in global oil markets. The Basrah Heavy benchmark decreased by 9 cents, reaching $64.80 per...

ExxonMobil Iraq Eyes Majnoon Oil Field Return

ExxonMobil is planning a potential return to Iraq’s oil sector, focusing on the Majnoon oil field. The company aims to sign preliminary agreements with...

Iraq Oil Exports Rise to Asia and Europe

Iraq’s oil exports continue to rise to Asia and Europe, with the majority of seaborne shipments reaching Asian countries. China, India, and South Korea...

Iraq Seeks ExxonMobil’s Return to Majnoon Oil Field

ExxonMobil plans to re-enter Iraq’s energy market after a two-year break. The company shows strong interest in working again at the giant Majnoon oil...

Basrah Crude Rises as Global Oil Prices Strengthen

Basrah crude prices Rises as global oil markets showed stronger momentum. Investors reacted positively after OPEC+ announced limits on next month’s production increases, boosting...

Iraq Basrah Crude Prices Rise with Global Oil Surge

Iraq’s Basrah crude prices continue to climb as global oil markets experience a fresh surge. The steady rise in energy prices reflects stronger global...

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