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Iraq Basrah Crude Price Rises Despite Global Oil Dip

Iraq saw a surprising shift as Basrah crude price rises even while global oil prices fell. The increase shows a rare trend where local benchmarks move...

Iraq Expands Output as DQOC Boosts Production in Key Oil Fields

Iraq has increased its oil production significantly as DQOC boosts production through a new integrated development plan. The Dhi Qar Oil Company (DQOC) launched a multi-phase...

Iraq’s Rasheed Bank Launches Solar Loans with Central Bank Support

Iraq took a major step toward clean energy as Iraq solar energy loans became available through Rasheed Bank. The state-run bank announced the launch of a...

Iraq Launches New 480 MW Power Line in Basra: Electricity Ministry

Iraq has taken a major step forward in improving power access as Basra electricity transmission improves with a new high-voltage line. The Ministry of Electricity officially...

Iraq Oil Prices Drop Amid OPEC+ Output Rise

Oil prices dropped due to OPEC+ output rise as investors weighed the impact of growing OPEC+ production and U.S. tariff uncertainty. After nearly 2% gains...

Iraq Boosts Oil Fields with Strong Production Plan

Iraq has launched a strong production plan to boost its southern oil fields. The Dhi Qar Oil Company now focuses on three major fields:...

Iraq Expands Diwaniyah Refinery Capacity to 90,000 BPD

The Iraqi government has launched a major upgrade to the Diwaniyah refinery. The new project adds a refining unit that processes 70,000 barrels per...

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