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Energy

Iraq’s May oil exports decrease in nod to OPEC-plus commitments

Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices.
Iraqi Oil Minister Hayyan Abdulghani (center left) meets by videoconference with representatives of OPEC member countries on May 28, 2025. (Photo credit: Oil Ministry)

Akkas gas field to start production

The field awarded to Kogas to develop in 2010 but then shut down by security issues for nearly a decade has been connected to a nearby power plant by Iraqi state oil and gas workers.