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Decline in Iraqi Oil Exports to the United States

Iraqi oil exports to the US dropped sharply last week, according to the latest data from the US Energy Information Administration (EIA). The EIA...

Basrah Crude Ended Mixed After Modest Weekly Moves

Iraq’s Basrah crude prices ended the week mixed after modest market movements. The changes reflected global trends in oil trading as production increased across several major...

Al Busttan Signs Contract with TotalEnergies for Ratawi Development

Al Busttan has signed a major contract with TotalEnergies to support the Ratawi oil field redevelopment in Iraq. The deal marks a significant step...

Swiss Firm to Acquire LUKOIL Iraq Assets

A Swiss company is set to acquire LUKOIL’s assets in Iraq. The deal highlights shifting dynamics in the country’s energy sector. LUKOIL, Russia’s major...

Basrah Crude Prices Fall with Global Oil Market Decline

Iraq’s Basrah crude prices declined on Wednesday, following a broad downturn in global oil markets. Analysts said weaker demand and increased market volatility are the main...

BP’s Development of Kirkuk Oil Fields Strengthens Iraq’s Financial Resources

Iraq’s Oil Minister, Hayan Abdul-Ghani, announced that the agreement with British Petroleum (BP) to develop four oil fields in Kirkuk will significantly strengthen the...

Iraq to Boost Samawah Refinery Capacity to 100,000 Barrels per Day

Iraq announced plans to expand the Samawah refinery capacity output to 100,000 barrels per day as part of its national strategy to enhance refining...

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