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Energy

March production continues upward trend

Under quota pressure from OPEC-plus, some Iraqi oil officials argue Kurdistan's production shouldn't count toward national total.

Workers from the state-run Dhi Qar Oil Company carry out pipeline maintenance operations in March 2024. (Photo credit: Dhi Qar Oil Company)

Momentum for Fao refinery project

Chinese consortium is expected in Baghdad for a signing ceremony this month to finalize a deal for a 300,000 bpd refinery complex.

Iraq crude exports steady in March

Oil sales were undiminished in March despite the Oil Ministry recommitting to supplemental OPEC-plus cuts that now extend through June.