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UAE Oil Stocks Drop on Iraqi Shortfall

Oil stocks in the UAE recorded a historic drop due to reduced Iraqi supplies. Industry sources reported that inventories at the Fujairah port reached...

Iraq Ranks Second Among OPEC Oil Producers with Over 4M bpd

Iraq secured the position of the second-largest producer among OPEC oil producers in August 2025, according to the latest data released by the organization....

Basrah Crude Climbs Despite Global Oil Price Stability

Basrah crude prices climb, even as global oil benchmarks held steady. The gains highlighted Iraq’s strong crude position and the continued demand for its...

Iraq housing plots for oil employees

Iraq confirmed the allocation of 18,000 residential plots for employees working in state-owned oil companies. The announcement came from Deputy Prime Minister for Energy...

Iraq electricity link to GCC power grid

Iraq will gain important benefits from the Gulf Cooperation Council’s plan to expand its power grid. The GCC Interconnection Authority announced an investment of...

Basra Signs Landmark Energy Deal with TotalEnergies and QatarEnergy

Basra has signed a major energy deal with TotalEnergies, QatarEnergy, and the Basra Oil Company to develop the Artawi oilfield. The agreement is part...

Kirkuk Boosts Refining Capacity with New Upgrading Unit

Kirkuk has taken a major step to strengthen its oil refining capacity. The hydrogenation and gasoline upgrading unit at the Kirkuk refinery has started...

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