iraq oil

Iraq’s move to rush oil bidding could deter some firms
Middle East

Iraq’s move to rush oil bidding could deter some firms

Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its…
Iraq supports OPEC-led oil output cuts, president says
Middle East

Iraq supports OPEC-led oil output cuts, president says

Iraq supports OPEC’s agreement to cut oil output, Iraqi President Fuad Masum said at a meeting on Monday with OPEC…
Oil companies temper Iraq’s dreams of production expansion
Middle East

Oil companies temper Iraq’s dreams of production expansion

Iraq, OPEC’s second-largest producer of crude, is hitting a roadblock in the next phase of expanding its oil production capacity…
Iraq says plans to reduce oil products imports by 25 percent
Middle East

Iraq says plans to reduce oil products imports by 25 percent

Iraq’s oil ministry on Monday said the nation would reduce its petroleum products imports by 25 percent as crude oil…
Egyptian delegation to visit Iraq in February to finalize agreement on crude imports
Business

Egyptian delegation to visit Iraq in February to finalize agreement on crude imports

A delegation from the Petroleum Ministry will visit Iraq this February to finalize the draft agreement to import crude oil,…
Egypt seeks to import crude directly from Iraq
Business

Egypt seeks to import crude directly from Iraq

Egypt's Petroleum Minister Tarek El Molla said on Thursday his country was seeking to reach an agreement with Iraq over…
Iraq’s oil contracts make joining OPEC output cut more painful
Middle East

Iraq’s oil contracts make joining OPEC output cut more painful

Iraq would have to compensate international oil companies for limits placed on their production, according to industry sources and documents…
Iraq’s Qayyara oil fields won’t return to production before Mosul retaken: spokesman
Business

Iraq’s Qayyara oil fields won’t return to production before Mosul retaken: spokesman

Iraq doesn't expect to resume production from the northern Qayyara oil region before the capture of nearby Mosul from Islamic…
Iraq to provide Egypt with 4 million barrels of oil per month
Business

Iraq to provide Egypt with 4 million barrels of oil per month

Iraq will start supplying Egypt with 4 million barrels of Basra crude oil per month, according to an agreement signed…
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