Cabinet names sitting oil minister as INOC president in special decision, Oil Ministry spokesperson says.
To ensure its export infrastructure keeps pace with rising production, Iraq is pursuing plans for new subsea pipelines and an artificial island.
Ismaael talks about IOC and BOC oil production growth, projects to reduce gas flaring, and the status of crucial infrastructure development.
Rising global oil prices give Iraq a boost despite slight decrease from Basra Gulf terminals.
A major restructuring of Iraq’s oil sector appears to be delayed — and could possibly be derailed — by a legal challenge.
Iraq depends on Iran for more than one-third of its power generation — a major sticking point as Washington prepares to re-impose sanctions.
With more than 300,000 bpd of new capacity coming online this year, Iraq is well positioned to take market share as U.S. sanctions snap back on Iran.
Iraq's oil marketing chief discusses rising export capacity, OPEC dynamics, oil trading joint ventures, and the status of a nascent hedging program.
For the second straight month, Iraq has increased production by more than 100,000 bpd as it unleashes latent capacity.
Despite ongoing violence, including a weekend pipeline bombing, the Baiji refinery's resumption of operations marks progress in Iraq's northern oil sector.
