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OPEC Iraq Newsletter
  • OPEC’s Oil Production Continued to Decline in January 05 Feb 2025 15:37 GMT

    … Last month, all 12 OPEC producers saw their combined output … tracking companies and sources at OPEC, oil firms, and consultants. … African producer reduced exports. OPEC’s top producer Saudi … OPEC+ panel monitoring the oil markets, praised this week Iraq for …

  • OPEC+ Damocles Sword Hanging Over Shale Oil Producers 05 Feb 2025 17:04 GMT

    … like a Damocles Sword. OPEC+ is essentially saying: … added. Rigzone has contacted OPEC, the American Petroleum Institute … for Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, … OPEC site on the same day revealed that Saudi Arabia, Russia, Iraq

  • IEA: Iraq holds 600,000 bpd in spare oil capacity 05 Feb 2025 12:41 GMT

    … + Shafaq News/ Iraq has a spare oil production … spare capacity of the Organization of the Petroleum Exporting Countries (OPEC) stands at approximately … 600,000 bpd by Iraq, and 400,000 bpd … support market stability. OPEC maintains idle production capacity …

  • OPEC Beams Searchlight On Countries With Overproduction Data 05 Feb 2025 09:24 GMT

    … Petroleum Exporting Countries (OPEC) and non-OPEC countries has decided … Republics of Kazakhstan and Iraq, including the additional voluntary … by some participating OPEC and non-OPEC countries as agreed … announced by participating OPEC and non-OPEC nations, in …

  • OPEC and Saudi spare oil production capacity 05 Feb 2025 08:27 GMT

    … members of the Organization of the Petroleum Exporting Countries, the United Arab Emirates, Iraq and Kuwait … S., Brazil and Guyana. OPEC+, which includes OPEC, Russia and their allies … first quarter of 2025. OUTSIDE OPEC Outside OPEC, spare capacity is limited …

  • Energy ministers of Saudi Arabia, Iraq and Libya examine market stability 05 Feb 2025 04:06 GMT

    … talks on Monday with his Iraqi and Libyan counterparts, Hayan … . OPEC+, which groups the de facto Saudi-led Organization of the Petroleum Exporting Countries and … on Saudi Arabia and OPEC to lower oil prices, … that Saudi Arabia and OPEC were seeking long-term …

  • OPEC and Saudi Arabia spare oil production capacity 05 Feb 2025 01:55 GMT

    … and Iraq, along with other members of the Organization of the Petroleum Exporting Countries (OPEC), … the International Energy Agency, OPEC has a total spare … 1.1 million bpd. Iraq holds 600,000 bpd … Brazil, and Guyana. OPEC+ (which includes OPEC and Russia, as …

  • BP to invest upto $25 billion in Iraqi Kirkuk oil and Gas 05 Feb 2025 01:55 GMT

    … largest oil producer within the Organization of the Petroleum Exporting Countries. A senior official who … developing natural gases to support Iraq';s energy needs. Officials … advances in northern and Western Iraq. This allowed the Kurdish Regional …

  • Back in Iraq: BP Puts $25B On the Table 05 Feb 2025 02:26 GMT

    … to three years. Unlike Iraq’s usual technical service contracts … #39;s In It For Iraq? Iraq may have massive oil reserves … about diving back in. Iraq is OPEC’s second-largest producer, … . BP, already operating in Iraq’s southern Rumaila oilfield, will …

  • OPEC oil output declines in Jan. following Iraq field disruption 04 Feb 2025 23:57 GMT

    … the Organization of the Petroleum Exporting Countries (OPEC) declined in January following a fire at Iraq’s … month, aligning with its OPEC quota. Alongside Iraq’s decline, notable production … bpd, Iraq’s output is now closer to its designated OPEC ceiling …

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