Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire.
Three-day event kicks off with awards to KAR Group and multiple Chinese firms. Bids on 20 more projects expected in the next two days.
The state-operated field in Basra could become the centerpiece of an integrated project led by China’s Geo Jade and Iraqi private firm Hilal al-Basra.
Khudair Abbas replaces Ammar al-Anbagi as the head of Iraq's state oil marketing company.
TotalEnergies and Basra Oil Company are fleshing out their vision for the long-delayed Common Seawater Supply Project.
Iraq's crude sales have been constrained by OPEC-plus quotas but revenues remain high due to global oil price strength.
Key gas field that fuels most of Kurdistan's power generation is coming back online after urgent talks over security measures to deter chronic attacks.
Four people were killed and two injured in a drone attack that has caused the Khor Mor gas field to shut down, taking three-quarters of Iraqi Kurdistan's electricity supply offline.
Ukrzemresurs agrees to bring the dry gas field to 400 million scf/d production within four years in a deal that also finalizes Kogas's exit.
The influential MP from Basra discusses oil disputes with Kurdistan, legislative priorities, and new energy projects in southern Iraq.
Under quota pressure from OPEC-plus, some Iraqi oil officials argue Kurdistan's production shouldn't count toward national total.
