oil and gas

Iraq supplies Lebanon with 500 thousand tons of black oil

February 25, 2021

Baghdad / NINA /- Lebanon has sought refuge in Iraq to secure 'black oil' for the EDL to spare the country the specter of entering the darkness......

SOMO: An Upcoming Meeting Next month To Increase Production By 500 Thousand Barrels Per Day

February 25, 2021

Baghdad / NINA /- The Oil Marketing Company, SOMO, revealed an upcoming meeting at the beginning of next month for OPEC to increase production by......

The Price Of Oil Jumps To 66 $ And Expected To Rise To 75 $

February 24, 2021

Baghdad / NINA /- Brent oil prices jumped by 1.58%, today, Tuesday, bringing the price of one barrel to 66 dollars and 27 cents, while the price......

Al-Kadhimi - The foreign exchange reserves of Iraq are rising

February 24, 2021

Baghdad (NINA) - Prime Minister Mustafa Al-Kadhimi affirmed that the foreign exchange reserves of Iraq are rising.' Al-Kadhimi said in the cabinet......

More Details on Iraqi Solar Projects

February 23, 2021

Oil Minister Ihssan Abdul-Jabbar Ismail has given further details of the seven 'alternative energy' plants that will be built, clarifying......

After The Rise In Oil Prices, Iraq Announces Freezing Advance Payment Agreement For Oil

February 23, 2021

Baghdad (NINA) - Minister of Oil, Ihsan Abdul-Jabbar, announced today, Monday, the freezing of the advance payment agreement for crude oil, after......

Iraq ''Pauses Oil Pre-Payment deal with China''

February 23, 2021

In early 2021 Russia secured an increase to its oil output quota under the OPEC+ agreement for February and March, the latest sign that Russia's......

Iraq is the fifth in the world and the second in the Arab world with the largest oil reserves for the current year

February 22, 2021

Baghdad / NINA / - Iraq ranked fifth in the world and second in the Arab world in terms of the most countries possessing oil reserves for the year......

Iraq puts oil prepayments deal on hold as prices rise

February 22, 2021

Iraq has decided to freeze its first crude oil prepayment deal, which had aimed to boost its finances, because oil prices are rising, the country's......

Basra Light Crude Oil Drops To $ 62.55

February 21, 2021

Baghdad / NINA / -The price of Basra Light crude decreased, on Saturday, to 62.55 dollars per barrel. Basra Light Oil to Asia fell to 62.55 dollars......