More than quadruple the production over the next seven years; that has been Iraq’s goal for its crude production capacity. To get from current crude levels of 2.4 million bbl/day to 12 million bbl/day by 2017 will be a monumental achievement, but Iraq…
In exchange for the decisive support they gave to Prime Minister Nouri al-Maliki’s bid for a second term, the political bloc representing the Kurdistan region demanded measures that would give it significant autonomy within Iraq’s oil sector.
The US energy firm Chevron negotiated with Tehran about developing an Iraq-Iran cross-border oilfield in spite of tight US sanctions, according to the Iraqi prime minister in leaked diplomatic cables.
Time for an update on the progress, or rather lack of it, in Iraqi oil production. Recall that following decades of neglect, sanctions, and war damage, the Iraqi oil ministry under Hussein al-Shahristani is trying to massively expand production, supposedly…
Iraq’s crude oil exports rose 0.36% to 1.912 million barrels a day in November compared with 1.900 million barrels a day the previous month, the head of the State Oil Marketing Organization, or SOMO, said Tuesday.