Iraq revives Nassiriya Integrated Project with Gazprom talks

Cabinet approves direct negotiations for a combined upstream and refinery deal that the Oil Ministry has tried to advance for over a decade.

Workers from the Dhi Qar Oil Company perform maintenance at the Nassiriya oil field in February 2023. (Photo credit: Dhi Qar Oil Company)

New leader for Midland Oil Company

Mohammed Yassin Hassan al-Obaidi has been appointed acting director general in a leadership reshuffle at Iraq's smallest state-run oil company.

ExxonMobil finalizes deal to exit West Qurna 1

The American super-major will sell its last remaining upstream asset in Iraq to the state-run Basra Oil Company, resolving a years-long conflict over the terms of its exit.

October exports hit 8-month high

The northern export pipeline was offline for a seventh straight month, but Iraq has now compensated for about half the lost volumes with increased oil sales via southern outlets.

Oil Ministry names new head of contracts

Bassim Taher Abid is tapped as the new acting director of the Petroleum Contracts and Licensing Directorate as the ministry gears up for two new licensing rounds.

September oil production steady

With the northern pipeline still offline, Iraq is compensating with robust southern exports and expanding sales into Kurdistan's local market.