The IOTC chief discusses exports of heavy fuel oil and Qayarah crude, and ambitions to expand Iraq's fleet of oil tankers.
Production capacity at the West Qurna 1 oil field is set to increase to 600,000 bpd in 2023 despite operator ExxonMobil’s planned exit.
One of Iraq's largest oil fields is nearly doubling its capacity next year — and, with new seismic work, likely increasing reserves beyond its current 47 billion barrels.
Iraq could soon gain a new option for exporting crude with the ongoing expansion of Khor al-Zubair port.
The 140,000 bpd ultra-modern Karbala refinery, federal Iraq's first large greenfield build in decades, is in the final stages of pre-commissioning now and is set for an October startup.
Iraq's state company for drilling has idle rigs ready for more upstream development.
Allawi discusses ending Kurdistan budget transfers, new expenditures under a stop-gap spending law, power payments to Iran, and implementing a Chinese financing deal.
As Iraq approaches the summer peak of electricity demand, another crisis is looming as the caretaker government lacks the budget authority to boost power supply.
The Samawah oil refinery is pushing to improve the quality of its fuel output and eventually double its size from a current capacity of 30,000 bpd.
The Oil Ministry's point person for renewable energy discusses new solar projects, gas flaring reduction, and Iraq's Paris Agreement climate goals.
The head of Iraq’s state oil marketer discusses expanding and diversifying export routes and the potential for increasing Iraqi crude supply.
