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Tehran, Baghdad Negotiating Date for Kirkuk Crude Exports

EghtesadOnline: The head of Iraq’s state oil marketer SOMO is currently holding talks in Iran to determine a start date for oil exports from Iraq’s Kirkuk oilfields, Iraqi Oil Minister Jabar al-Luaibi said on Wednesday.
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Publish Date:09/December/2017 | 09:19

Iraq Adds Oil-Export Facility to Offset Output Drop in Kurd Feud

EghtesadOnline: Iraq began using a new offshore crude-exporting facility to help boost shipments by sea and make up for a suspension of pipeline exports from the country’s north due to a conflict with the self-governed Kurdish region.
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Publish Date:24/October/2017 | 05:45

Iraq says to invest in joint oil projects with Iran

EghtesadOnline: Iraq’s Oil Minister Jabbar al-Luaibi says an agreement will be signed with Iran soon to jointly invest in two oil fields shared between the two countries.
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Publish Date:25/September/2017 | 14:51

Oil rises after Iraq signals possible OPEC cut extension

EghtesadOnline: Oil prices rose on Wednesday after Iraq’s oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories.
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Publish Date:20/September/2017 | 07:30

Zanganeh Turns Focus on Iraqi Market Opportunities

EghtesadOnline: Iran should and will seize the opportunity to consolidate its position in Iraqi's multibillion-dollar economy, Oil Minister Bijan Namdar Zanganeh said.
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Publish Date:26/August/2017 | 05:41

Iran's Gas May Free Up Iraqi Oil

EghtesadOnline: Iran will begin exporting gas to the southern Iraqi city of Basra within six months, according to the National Iranian Gas Company, under a gas supply contract signed between Tehran and Baghdad in 2015.
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Publish Date:02/July/2017 | 13:56

OPEC on Verge of 9-Month Cuts Extension After Iraq Backing

EghtesadOnline: OPEC and its allies were poised to continue their production cuts for another nine months after Iraq backed an extension, removing one of the last remaining obstacles to an agreement.
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Publish Date:23/May/2017 | 24:22

Iran in Talks With Iraq on Joint Fields

EghtesadOnline: Negotiations are underway with Iraq to form a joint technical committee to decide on the development of joint oil fields with the Arab neighbor, managing director of Iranian Central Oil Fields Company said.
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Publish Date:08/May/2017 | 11:19

Saudi Arabia Seen Losing Market Share to Iran, Iraq on Oil Cuts

EghtesadOnline: Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices, according to the head of research at Abu Dhabi Investment Authority.
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Publish Date:27/April/2017 | 05:41

Iran leapfrogs Iraq as India's no. 2 oil supplier in February

EghtesadOnline: India's oil imports from Iran rose nearly 17 percent in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an OPEC deal to cut output, Reuters reported.
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Publish Date:14/March/2017 | 06:49

Iraqi PM says Iraq's oil is for Iraqis

EghtesadOnline: Iraq's oil is the property of Iraqis, the country's Prime Minister Haider al-Abadi said on Tuesday, in reaction to US President Donald Trump who argued that the United States should have taken possession of the nation's crude reserves.
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Publish Date:25/January/2017 | 24:03

Oil Rises Near $53 as Iraq Says Close to Full OPEC Cut Pledge

EghtesadOnline: Oil advanced to trade near $53 a barrel as Iraq said it’s close to implementing its share of pledged output curbs agreed with OPEC to trim bloated global inventories and stabilize the market.
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Publish Date:24/January/2017 | 04:44