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Iraq Drilling Company Expands Role in Strategic Oil Projects

The Iraqi Drilling Company (IDC) will expand its operations after a major meeting at its headquarters. Bassem Mohammed Khudair, Deputy Minister of Oil for...

Iraq Basrah Crude Faces Pressure in Global Oil Market

Iraq’s Basrah crude prices declined, even though global oil prices remained steady. Both Basrah Heavy and Basrah Medium saw price drops. Basrah Heavy fell...

Iraq Opens Al-Faihaa Gas Facility to Boost Fuel Supply and Cut Flaring

Iraq has launched a major energy project in Basra. The new Al-Faihaa Gas Facility can process up to 130 million standard cubic feet of gas daily....

Oil Prices Climb in the US Amid Trade Deal Progress and Fuel Demand Hopes

Oil prices climb in the US as hopes grow for stronger trade ties and steadier global markets. This increase follows the announcement of a...

Iraq Oil Exports to US Surge, Iraq Oil Exports Among Top

Iraq oil exports among top suppliers to the United States once again. The country became the second-largest crude oil exporter to the US, surpassing...

Iraq Starts Desalination Project to End Water Crisis in Basra

Iraq has launched its biggest-ever water project to address severe shortages. The new Iraq desalination project near Grand Faw Port in Basra will produce 1 million...

Iraq-Turkiye Oil Talks Focus on Higher Transit Fees

Iraq-Turkiye Oil Talks have started early about resuming crude oil exports through the Port of Ceyhan. These discussions center on a new deal that...

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