Steep reduction at Rumaila brought Iraq's December production average to its lowest level in 18 months as Iraq continues to restrain output in an effort to meet OPEC-plus expectations.
New gas production could help Iraq improve electricity service while weaning itself from Iranian energy imports.
Three months after OPEC began relaxing production quotas, Iraq is continuing to grab market share.
Cabinet names sitting oil minister as INOC president in special decision, Oil Ministry spokesperson says.
To ensure its export infrastructure keeps pace with rising production, Iraq is pursuing plans for new subsea pipelines and an artificial island.
Ismaael talks about IOC and BOC oil production growth, projects to reduce gas flaring, and the status of crucial infrastructure development.
Rising global oil prices give Iraq a boost despite slight decrease from Basra Gulf terminals.
A major restructuring of Iraq’s oil sector appears to be delayed — and could possibly be derailed — by a legal challenge.
Iraq depends on Iran for more than one-third of its power generation — a major sticking point as Washington prepares to re-impose sanctions.
With more than 300,000 bpd of new capacity coming online this year, Iraq is well positioned to take market share as U.S. sanctions snap back on Iran.
Iraq's oil marketing chief discusses rising export capacity, OPEC dynamics, oil trading joint ventures, and the status of a nascent hedging program.
