Crude Oil Prices Stabilize in Global Markets The oil market witnessed a stabilization in the prices of Basra and Mediterranean crude on Tuesday. Basra's heavy crude is currently priced at
Assessment of Central Oil Projects: Strategic Considerations for Stakeholders In the complex arena of oil project management, a nuanced understanding of the economic landscape and the influence of key stakeholders
Kurdistan Government Reiterates Commitment to Oil Export Law Adjustment On March 12, 2025, the Kurdistan Regional Government reaffirmed its dedication to the strategic amendment of the budget law, specifically aimed
Oil and Gas Law Discussion Postponed in Iraqi Parliament Baghdad - On March 13, 2025, Member of Parliament Brerar Rashid officially announced that the oil and gas law will not
Iraqi-Italian Collaboration Boosts Oil Production at Jumbour Field A representative from the Northern Oil Company announced on Thursday that a collaborative effort between Iraqi and Italian oil teams has successfully
Fuel Distribution Performance in Iraq: January Overview The Oil Products Distribution Company, part of the Iraqi Ministry of Oil, has reported its fuel productivity metrics for January, highlighting the efforts
Economy Update - Baghdad The Organization of Petroleum Exporting Countries (OPEC) has reported that Kazakhstan has significantly increased its crude oil production, propelling a notable rise in output for the
Meeting Addresses Challenges in Basra's Oil Sector On March 13, 2025, the Ministry of Oil convened a critical discussion focused on the challenges confronting oil companies operating in the Basra
Economy News - Baghdad On Wednesday, the Kurdistan government reaffirmed its commitment to implementing amendments to the budget law, facilitating the export of the region's oil through SOMO, and ensuring
Challenges in Kurdistan Oil Exports: A $1 Billion Impasse The export of oil from the Kurdistan Region remains at a standstill, with approximately 115,000 barrels of oil caught in a