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Iraq Nears Gasoline Self-Sufficiency with $3.75 Billion Basra Refinery Upgrade

Iraq is on the brink of achieving full self-sufficiency in gasoline production, Oil Minister Hayan Abdul Ghani announced. The milestone will come with the...

Iraq’s Oil Exports to US Surge, EIA Reports

Iraq’s crude oil shipments to the United States rose sharply last week. The increase shows a strong rebound in trade. The US Energy Information...

Global Trade Tensions Push Oil Prices Lower for Third Consecutive Week

Oil prices continued to fall this week as global trade tensions and oversupply fears weighed on investor confidence. The decline marks the third straight week...

Basrah Crude Prices Rise Amid Global Oil Surge

Iraq’s Basrah crude prices increased, following a broad rise in global oil markets. The gains reflect improving investor sentiment and stronger demand expectations, fueled...

Iraq to Sign Natural Gas Deal with Excelerate Energy

Iraq is set to sign a deal with US-based Excelerate Energy to secure natural gas for the country. Prime Minister Mohammed Shia al-Sudani confirmed...

Baghdad Expands Energy Cooperation with Turkmenistan through New Gas MoU

Iraq signed a new memorandum of understanding with Turkmenistan to strengthen energy cooperation and Baghdad expands natural gas imports. The deal reflects Baghdad’s strategy...

Iraq Strengthens Energy Ties with Jordan Through 100K Barrel Oil Delivery

Iraq strengthens its energy cooperation with Jordan by delivering more than 117,000 barrels of crude oil within nine days. The Jordanian Ministry of Energy...

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