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Energy

Iraq crude production strong in June

Operational disruptions caused by the Israel-Iran war do not appear to have affected Iraqi crude output, which was virtually unchanged from May to June.
The 8th Seismic Division of Iraq's state Oil Exploration Company conducts a seismic survey at the Hadab project in Ninewa province in July 2025. (Photo credit: Oil Ministry)

Iraq signs 5-plus and 6th round contracts

Thirteen deals from the May licensing round were finalized and signed at a ceremony in Baghdad, as Chinese firms further expand their footprint in Iraq’s oil sector.

August production falls as Iraq initiates cuts

Renewed OPEC-plus pressure pushes Iraq to cut at least 100,000 bpd from state fields and accelerate maintenance plans at other projects in a bid to improve quota compliance.