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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)

Iraq exports steady in April

Oil sales have stopped falling as Iraq claims full OPEC compliance, suggesting further production cuts are unlikely.

Q&A: Ihsan Ismaael, DG of South Gas Company

Iraq is set to increase gas product exports and reach agreements on gas with with IOCs operating southern oil fields, said Ismaael, who is also the chairman of Basra Gas Company.

Iraq starts new oil contract review

The Oil Ministry plans to develop a new contract model for future projects and has contracted Iraqi-Norwegian consultant Farouk al-Kasim as it explores adjustments to existing TSCs.