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Iraq Achieves Fuel Self-Sufficiency, Ends Imports to Boost Exports

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 in Talks with Iraq on Profit-Sharing Agreement

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...

Basrah Crude Prices Rise as Global Oil Holds Steady

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...

Flared Gas Recovery Surge in Southern Iraq

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 Confirms Uninterrupted Gas Exports to Iraq

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,...

Iraq Inaugurates Two Oil Processing Facilities in West Qurna 1

Iraq has launched two new oil processing facilities in the West Qurna 1 oil field, marking a major step in expanding the nation’s energy infrastructure....

Iraq Ranks Second Among OPEC Oil Suppliers to The US in July

Iraq strengthened its position as one of the largest crude exporters to the United States in July 2025. According to the US Energy Information...

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