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Iraq Claims Top Spot Among OPEC Crude Suppliers to the U.S.

Iraq Claims Top Spot Among OPEC Crude Suppliers to the U.S.

OPEC’s second-largest producer, Iraq, was the single biggest supplier of crude from the cartel to the United States in May, per data from the U.S. Energy Information Administration (EIA) cited by Iraqi media outlets Shafaq News and IraqiNews. Iraq...

OPEC+ Reaffirms Oil Market Strategy, Adjusting August Production

By John Lee. The eight OPEC+ countries, including Iraq, have reaffirmed their coordinated approach to oil market stability and announced a collective production adjustment for August 2025. In a virtual meeting held on 5 July, the group cited...

Iraq Inks $118M Deal With US Firm Vectrus to Maintain F-16 Fleet

Iraq Inks $118M Deal With US Firm Vectrus to Maintain F-16 Fleet

Iraq has signed a $118-million contract with Vectrus Systems to support its F-16 fighter jets. The deal, under the US Foreign Military Sales program, covers base operations, life support, and related services. An initial payment of $57.8-million...

Iraq Claims Top Spot Among OPEC Crude Suppliers To The US

Authored by Charles Kennedy via OilPrice.com, Iraq exported nearly 7 million barrels of crude to the U.S. in May, surpassing all other OPEC members. The surge in Iraqi shipments meets U.S. demand for heavier Middle Eastern crude grades amid OPEC+...

Iraq set to launch first LNG import terminal

Iraq is moving closer to launching its first liquefied natural gas (LNG) import terminal as it advances negotiations with US-based Excelerate Energy, officials have said. Shafaq news agency quoted officials as saying the state-run South Gas...

Saudi plays short and long game with OPEC+ production gamble

Saudi Arabia’s drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today while also solidifying its dominance over the long term. A group of eight major oil producers – Saudi Arabia, Russia, the...

Unmasked: Faces of migrant small boats criminals revealed for first time

Unmasked: Faces of migrant small boats criminals revealed for first time

Criminals responsible for hundreds of dangerous small boat crossings are being sanctioned - meaning they face having their assets seized and will be barred from entering the UK These are the faces of gangsters and crooks responsible for hundreds...

Turkmenistan Presented Its Energy Strategy at the Brussels Energy Club Roundtable

Turkmenistan Presented Its Energy Strategy at the Brussels Energy Club Roundtable

On 7 July 2025, Brussels hosted an expert roundtable titled “Medium-Term Prospects for EU Gas Imports and Strategies of Exporting Countries,” organized by the Brussels Energy Club. The keynote speaker was the Ambassador of Turkmenistan to the...

Iraq’s Nasiriyah airport to be ready by year end

Iraq’s Nasiriyah airport to be ready by year end

A Chinese company awarded a contract to build a civilian airport in the Southern Iraqi Nasiriyah city is expected to complete the project before the end of 2025. China State Construction Engineering Corporation (CSCEC) is building the airport in...

Iraq Enhances Energy Portfolio with Hadab Completion

Iraq Enhances Energy Portfolio with Hadab Completion

Under the patronage of the Deputy Prime Minister for Energy Affairs and Minister of Oil, the Oil Exploration Company has successfully completed the 2D “Hadab” seismic survey programme in Nineveh Governorate. The project, carried out by the 8th...

Iraq denies disruption at Baiji refinery after drone incident

Iraq denies disruption at Baiji refinery after drone incident

2025-07-01T10:30:40+00:00 font Enable Reading Mode A- A A+ Shafaq News – Saladin On Tuesday, Iraq’s Ministry of Oil denied reports that production had been suspended at the Baiji refinery in Saladin province following a drone incident near the...

Iraq probes attacks on Kirkuk Airport, Baiji refinery

Iraq probes attacks on Kirkuk Airport, Baiji refinery

2025-07-01T06:49:10+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad/Erbil/Kirkuk/Saladin Iraqi security authorities have launched an official investigation into coordinated attacks that struck Kirkuk International Airport and the...

Iraq's golden opportunity: A new dawn for regional influence

Iraq's golden opportunity: A new dawn for regional influence

Shafaq News In the wake of the 12-day confrontation between Israel and Iran, which ended in a regional ceasefire, Iraq stands at a delicate yet promising juncture. The temporary calm has sparked cautious optimism among Iraqi experts and officials,...

Global Energy Security: Western Dependence on Gulf Oil and the Role of Regional Mediation in Middle Eastern Conflicts

Global Energy Security: Western Dependence on Gulf Oil and the Role of Regional Mediation in Middle Eastern Conflicts

Introduction The 1973 Oil Embargo first revealed the deep interconnection between Middle Eastern stability and global energy security. In response to US military support to Israel during the Yom Kippur war against Egypt and Syria, the Organization...

EIA reports that imports made up lowest share of US energy supply in nearly 40 years

EIA reports that imports made up lowest share of US energy supply in nearly 40 years

In 2024, the US imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985, according to the US Energy Information Administration’s (EIA) Monthly Energy Review. The decline in imports’...

Baghdad Opens New Elevated U-Turns to Reduce Traffic

Baghdad Opens New Elevated U-Turns to Reduce Traffic

Prime Minister Mohammed Al-Sudani has officially opened two new elevated U-turn overpasses on 14th of July Street in Baghdad’s Karkh district, aiming to ease the city’s heavy traffic congestion. The project is part of the Tobji-Shaljiyah...

Iraq to build 5,000 houses in Basra

Iraq to build 5,000 houses in Basra

Iraq has approved a project to build 5,000 houses in the Southern port of Basra as part of plans to tackle housing shortages, the province’s governor has said. Asaad Al-idani told Shafaq news agency on Wednesday that the project has been awarded...

Iraq seeks global support to overcome legacy of war

Iraq seeks global support to overcome legacy of war

2025-06-30T12:42:51+00:00 font Enable Reading Mode A- A A+ Shafaq News – Seville Iraqi President Abdul Latif Rashid called for stronger international support to help Iraq overcome decades of conflict and economic setbacks, while highlighting the...

Iraq ramps up Umm Qasr Port to quadruple capacity

Iraq ramps up Umm Qasr Port to quadruple capacity

2025-06-30T10:30:06+00:00 font Enable Reading Mode A- A A+ Shafaq News – Basra Iraq’s Umm Qasr Port in Basra province is undergoing modernization to expand capacity and streamline cargo operations, targeting an increase in throughput from one...

OPEC+ set for September 2025 production boost

OPEC+ set for September 2025 production boost

The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, is expected to approve a 550,000 barrels per day (bpd) hike for September 2025, as reported by Reuters. The decision will culminate the phased return of 2.17 million...

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