Thursday 29 September 2016
 
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Iraq

Iraq questions Opec method on oil output estimates

Iraq on Wednesday questioned one of the two methods Opec is using to estimate the oil production of its members, signalling the issue could be a problem for the country to join output limits that the group agreed to start implementing this year.

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US to boost military presence in Iraq for Mosul battle

Iraqi Prime Minister Haider al-Abadi said on Wednesday that Washington would send more U.S. troops to help local forces in the battle to retake Mosul from Islamic State expected later this year. "American President Barack Oba

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Islamic State loses control of last oil wells in Iraq

Islamic State militants no longer control any oil wells in Iraq after being ousted by government forces last week from an area near Kirkuk, the oil ministry said on Wednesday. The ultra-hardline Sunni Muslim group were driven out

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Iraq puts out fire at Kirkuk oil field

Iraq's North Oil Company extinguished a well fire at the Bai Hassan field near the northern city of Kirkuk which had been raging for more than six weeks, the oil ministry said.   The August 10 bombing of Well

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Iraqi finance minister sacked over corruption

Iraq's parliament removed Finance Minister Hoshiyar Zebari from office on Wednesday over corruption allegations, a move that risks further destabilising the major Opec producer's fragile economy as it struggles with a massive budget defi

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Iraq repairs key oil pipeline to Turkey

An oil pipeline linking Iraq's Kirkuk fields to Turkey's Ceyhan port was repaired on Friday and export levels were expected to return to normal within 24 hours, two sources at the state-run North Oil Company said. "We

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Oman Air suspends Najaf service

To ensure safe flight operations, Oman Air has announced that its planned service between Muscat and Najaf, Iraq, will no longer be launched on September 15. All planned flights between the two cities from September 15 to October

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Iraq gears up for late-year push to retake Mosul

The US-led war on Islamic State has depleted the group's funds, leadership and foreign fighters, but the biggest battle yet is expected later this year in Iraq's northern city of Mosul, where Abu Bakr Al-Baghdadi declared his "calip

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Iraq sees steady growth in oil output

Iraq's crude oil production and exports are expected to grow at a steady pace in 2017 from current levels, a senior Iraqi oil official said, adding the Opec member supports a global freeze initiative if it will help stabilise the market.

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Iraq oil exports from southern ports rise

Iraq's oil exports from the southern ports rose to 3.230 million barrels per day (bpd) in August, from 3.202 million bpd in July, as crude production increased, two sources at state-run South Oil Company said on Thursday. The

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