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06/08/2021

A meeting between Iraq's oil minister and Saudi Arabia's minister of energy centered on the latter's intent in investing in gas projects throughout Iraq.

06/02/2021

OPEC+ is likely to keep its pace in the gradual easing of oil supply restrictions as they anticipate the possible increase of Iranian oil in the market.

05/26/2021

Iraq revised its April oil production figure to reflect higher domestic crude use for the month according to SOMO.

05/20/2021

The combined overproduction by OPEC and its members have reached 3.316 million barrels per day according to a report from S&P Global Platts.

05/12/2021

After much speculation and search for possible takers Iraq finally sends a formal request to take over ExxonMobil's stake in the West Qurna-1 oil field.



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Saudi Arabia Looks to Invest In Oil Projects In Iraq

'A meeting between Iraq's oil minister and Saudi Arabia's minister of energy centered on the latter's intent in investing in gas projects throughout Iraq.'

Gradual Easing of Oil Supply Curbs Likely To Remain

'OPEC+ is likely to keep its pace in the gradual easing of oil supply restrictions as they anticipate the possible increase of Iranian oil in the market.'

SOMO Revises Oil Production Figure For April Due To Higher Domestic Use

'Iraq revised its April oil production figure to reflect higher domestic crude use for the month according to SOMO.'

Oil Producer's Overproduction Reaches 3.316 Million Barrels Per Day

'The combined overproduction by OPEC and its members have reached 3.316 million barrels per day according to a report from S&P Global Platts.'

Iraq Finally Issues Formal Request To Buy ExxonMobil Stakes in West Qurna 1

'After much speculation and search for possible takers Iraq finally sends a formal request to take over ExxonMobil's stake in the West Qurna-1 oil field.'