As the new acting head of the Basra Oil Company, Bassim Abdulkarim will oversee the majority of Iraq's oil production, cementing the ouster of Ihsan Ismaael.
After hitting record levels in August and early September, the Oil Ministry has reduced output to help support global prices.
One of Iraq's single-point mooring export buoys is being replaced, temporarily reducing the backup options for Iraq’s economic lifeblood.
One of Iraq's top oil leaders has been dismissed, as the Cabinet enacts orders to replace dozens of directors general.
The State Department approved another 120 days exempting Iraq from U.S. sanctions on Iran, just before a prior waiver was set to expire.
Five months into his tenure, the new governor discusses the status of Mosul reconstruction, security, and energy sector investment.
Crude sales decrease as Baghdad moves toward OPEC quota compliance and the KRG contends with a planned pipeline outage.
Iraq's number two oil field is planning to raise output by more than 200,000 bpd in the next three years — if it a can secure new supplies of water.
As oil markets respond to geopolitical conflicts, a record month for Iraqi crude production showcases the latent potential of the country's state-run fields.
New agreement could link Iraq into the GCC’s "energy highway," in an effort to meet rising electricity demand and reduce dependence on Iran.
