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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...

Iraq Boosts Electricity Production Beyond 28,000 Megawatts

Iraq boosts electricity production beyond 28,000 megawatts as the country continues major energy expansion efforts. The Ministry of Electricity works hard to strengthen the...

BP to Redevelop Kirkuk’s ‘Dream Field’ in Major Energy Push

BP signed a strategic partnership with Iraq’s North Oil and North Gas companies to redevelop Kirkuk oil fields and gas facilities. The move marks...

Iraq’s Oil Exports to the US Drop Sharply in September

Iraq’s oil exports to the United States fell sharply in September, according to the US Energy Information Administration (EIA). Shipments totaled 4.200 million barrels,...

Basrah Crude Prices Drop Over 7% As Global Oil Market Weakens

Basrah crude prices dropped sharply this week as global oil markets faced significant pressure. Both Basrah Heavy and Basrah Medium grades recorded losses exceeding...

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