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Energy

Iraqi production rises in 2025 as OPEC-plus eases quotas

Nationwide output increased year-on-year as Iraq's domestic refineries continued providing an elastic and expanding source of demand.
Iraqi Prime Minister Mohammed Shia al-Sudani speaks at an opening ceremony for the Karbala refinery on April 1, 2023. (Photo credit: Prime Minister's Office)

Drones strike Kurdistan oil fields

Attack on HKN-operated Sarsang field coincides with the company's signing of a preliminary upstream deal with the federal Oil Ministry.

Iraq oil exports steady in June

Iraq's crude sales held steady month-on-month despite minor disruptions apparently stemming from the Israel-Iran war.

Iraqi oil sector weathers Iran conflict

Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures highlight risks of disruption.