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Iraq

  • In the NewsOil & Gas

    Iraq Begins Sharp Oil Production Cuts as Hormuz Shipping Halt Fills Storage

    by Oluwatosin Racheal Alabi March 4, 2026
    by Oluwatosin Racheal Alabi March 4, 2026

    KEY POINTS • Iraq has sharply cut oil production because the Strait of Hormuz closure has stopped exports and tankers from reaching ports.• Major oilfields including Rumaila, West Qurna 2 …

  • In the News

    Kurdish Oil Booming Despite Smuggling Crackdown

    by Victor Adetimilehin July 12, 2024
    by Victor Adetimilehin July 12, 2024

    Kurdish oil exports are booming despite a pipeline shutdown, with trucks carrying crude to Iran and Turkey. The US is monitoring the trade to assess compliance with sanctions.

  • In the News

    China Sweeps Iraqi Oil and Gas Bidding, Raising Questions about US Involvement

    by Victor Adetimilehin May 13, 2024
    by Victor Adetimilehin May 13, 2024

    The Iraqi government awarded exploration and development rights for five additional oil and gas fields to Chinese companies on Sunday, May 12, 2024. This brings the total number of licenses …

  • In the News

    Drone Assaults Halt Operations at Khor Mor Gas Field, Fatalities Reported

    by Motoni Olodun April 29, 2024
    by Motoni Olodun April 29, 2024

    In a shocking turn of events, the Khor Mor gas field in Kurdistan, Iraq, has been forced offline due to a series of drone attacks, resulting in tragic loss of …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

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Dangote Refinery Denies Seven-Cargo Crude Allocation

Latest Stories

Oil Prices Surge as Near-Term Supply Fears Grow
Dangote Refinery Denies Seven-Cargo Crude Allocation
Adeleye Falade Assumes Office as NLNG MD/CEO

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