why iran and are pushing iraq to boost oil production in Durban

I raqi Oil Minister Hayan Abdel Ghani highlighted in September that these initiatives would boost the country’s gas production by an impressive 3.459 billion cubic feet per day. Additionally, they are expected to increase Iraq’s

Western international companies have pulled back, and about one-third of Iraq’s proven reserves and two-thirds of current production are

Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

The country plans to increase output at the Baiji and Diwaniya refineries by 70,000 bpd each, and add 100,000 bpd through its Nasiriyah (Dhi Qar) facility. Iran will also boost capacity with several projects: 60,000 bpd

Recent discoveries, such as a major field in eastern Baghdad containing more than 2 billion barrels enough to meet Spain's demand for four years reinforce Iraq's dependence

Iraq’s oil sector is both a wellspring of vast potential and a barrier to progress. While the country holds the resources and investment potential to become a dominant force in

ERBIL — Iraq is aiming to increase its oil production capacity to more than 6 million barrels per day (bpd) by 2029, the country’s oil ministry announced on Sunday,

Iraq signed several deals with foreign companies aimed at boosting the OPEC member’s oil and natural gas production in the coming years. The government expects oil

There are four key reasons why Iraq is increasing the pace of development on a number of its major oil fields right now. First, it needs the money; second, hitting its own output

Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day. Theoretically, Iraq could lift oil production to

Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output by 411,000 barrels per

Oil prices tumbled on Thursday and producers’ shares slid as Opec+ unexpectedly announced plans to boost crude output just as Donald Trump’s

The military escalation between Israel and Iran has renewed fears of a major Middle East conflict, with significant implications for oil markets and the global economic outlook. Israel’s

Iraqi Ministry of Oil plans to increase oil production to 6 million bpd in five years, amidst rising export figures. Iraq's oil surge: Aiming for 6M barrels

Roughly one in every four barrels of global oil — including exports from Saudi Arabia, the UAE, Kuwait, Iraq, and Iran itself — passes through the Strait of Hormuz.

Iraq is planning to increase its crude oil production to phased targets of 5 to 8 million barrels per day (bpd) over time, according to the first vice president of the Iraq National Oil

The U.S. military strikes in Iran are raising questions about the impact on supplies of oil and gas, including whether the widening conflict could result in higher energy prices for

Crude oil export revenues account for a large part of Iraq’s economy. In 2025, crude oil export revenue accounted for an estimated 95% of Iraq’s total government revenues, according to the

Iran will also boost capacity with several projects: 60,000 bpd from the South Adish unit by Q3 2025, 120,000 bpd from the fourth PGS production line by

ERBIL — Iraq is aiming to increase its oil production capacity to more than 6 million barrels per day (bpd) by 2029, the country’s oil ministry announced on Sunday, according to the