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Energy

New SOMO director named as Iraq reshuffles oil sector leadership

Ali Nazar al-Shatari will be Iraq's new head of oil marketing as the Sudani government makes changes across several top oil posts.

SOMO Deputy Director General and Head of Crude Ali Nazar al-Shatari (right), at the Nov. 30, 2016, OPEC meeting in Vienna with then-Iraqi Oil Minister Jabbar Ali al-Luiebi (center), and then-SOMO Director General Falah Alamri (left). (Source: OPEC Media Office)

UPDATE: Oil minister names new upstream deputy

Karim Hattab said he'll soon outline his exploration and production priorities as new deputy minister, following a seven-year stint in charge of the Oil Exploration Company.

Readout: Oil Minister Luiebi briefs before crucial OPEC meeting

Iraqi Oil Minister Jabbar al-Luiebi briefed journalists Thursday just before a key OPEC meeting, in which member countries are negotiating a potential extension of production cuts agreed to late last year. Luiebi covered a range of topics, from Iraq's specific oil policies to the OPEC-wide attempt to bolster oil prices. Here is a slightly condensed transcript of Luiebi's […]

Q&A: Falah Alamri, Director General of SOMO

Days before a major meeting among the world's largest oil producers, Iraq's export chief discusses depressed Kirkuk prices and a big plan for marketing Basra crude.

Crest to buy WesternZagros

Kurdistan's oil sector has been plagued by financial crisis and other setbacks, but the deal announced Friday suggests some investors are seeing value and opportunity.