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Energy

Nationwide refining capacity surges as Baiji ramps up

Iraq can now process over 1.5 million bpd of crude, as the country's largest refinery completes a decade-long comeback.
Iraqi Prime Minister Mohammed Shia al-Sudani (center) visits the Baiji refinery in August 2023 to announce projects to rehabilitate and expand the facility. (Photo credit: Prime Minister's Office)

UPDATE: Oil minister names new upstream deputy

Karim Hattab said he'll soon outline his exploration and production priorities as new deputy minister, following a seven-year stint in charge of the Oil Exploration Company.

Iraqi oil exports steady in May

Increased loadings from Basra Gulf help Iraq compensate for slight oil price slump and northern export decline.

Readout: Oil Minister Luiebi briefs before crucial OPEC meeting

Iraqi Oil Minister Jabbar al-Luiebi briefed journalists Thursday just before a key OPEC meeting, in which member countries are negotiating a potential extension of production cuts agreed to late last year. Luiebi covered a range of topics, from Iraq's specific oil policies to the OPEC-wide attempt to bolster oil prices. Here is a slightly condensed transcript of Luiebi's […]

Q&A: Falah Alamri, Director General of SOMO

Days before a major meeting among the world's largest oil producers, Iraq's export chief discusses depressed Kirkuk prices and a big plan for marketing Basra crude.

Crest to buy WesternZagros

Kurdistan's oil sector has been plagued by financial crisis and other setbacks, but the deal announced Friday suggests some investors are seeing value and opportunity.