Iraq Wants to Double Oil Output—and Needs OPEC to Get Out of the Way
Iraq wants to more than double its oil production within six years. First, it needs OPEC to let…
From Bulgaria to Iraq: Türkiye’s expanding upstream energy reach
On July 31, the government of Bulgaria approved the transfer of 33% of the rights and obligations in…
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia,…
Norway’s Oil Output Beats Forecasts as Hormuz Traffic Stays Near Crisis Lows
Norway’s crude oil production beat official forecasts in June as offshore fields returned from seasonal maintenance, delivering a…
BP, ConocoPhillips Partner In Iraq’s Giant Oilfield
ConocoPhillips (NYSE:COP) agreed to acquire a 42% stake in BP Plc’s (NYSE:BP) development subsidiary covering four major oilfields…
ConocoPhillips to Buy 42% Stake in BP’s Iraq Kirkuk Oil Venture
ConocoPhillips has agreed to acquire a 42% interest in BP Energy Company of Kirkuk Limited from BP, marking…
Chevron Moves Closer to Iraq’s Biggest Oil Prize—and a Hormuz Exit Strategy
Chevron is taking another step toward expanding its footprint in Iraq, and is set to sign two memoranda…
Iraq restores output at key southern oil fields as exports resume
(Bloomberg) – Iraq has raised production from three key projects in the country’s oil heartland to full capacity…
Has Iraq Finally Run Out of Road in Its Double-Dealings with the West?
Late June/early July normally brings twin events from Iraq for the global oil industry: an announcement that it…
Iraq restores output at key southern oil fields as exports resume
(Bloomberg) – Iraq has raised production from three key projects in the country’s oil heartland to full capacity…
U.S. Cracks Down on Iraq Oil Links to Iran
The United States has sanctioned Iraq’s deputy oil minister and several Iran-aligned militia leaders, stepping directly into a…
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia,…