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Learn about the history, reserves, production and challenges of Iraq's oil sector. Iraq is the world's fifth largest oil producer and has vast untapped reserves, but faces security, political and economic issues.
Learn about the history, estimates and challenges of Iraq's oil industry, which ranks fifth in the world. Find out which oil fields are contracted to international companies and how oil production affects Iraq's economy and politics.
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28 Μαρ 2024 · The Iraqi government relies on oil for more than 90 percent of its revenue. While non-oil gross domestic product (GDP) should grow in 2024, the overall economic outlook is tenuous.
Iraq holds abundant oil and gas resources and has strong solar PV potential. Its production to 2030 is set to be third largest contributor to global oil supply. By the same year, the government expects that renewable capacity will amount for 5% of the cou.
Iraqi oil exports steady in October. Muted oil sales reflect Iraq's ongoing efforts to comply with OPEC-plus quota agreements.
This report projects that Iraq's oil production will grow by 1.3 million barrels a day by 2030, becoming the world’s fourth-largest oil producer. It also examines the challenges and opportunities for Iraq's gas and electricity sectors, and the role of renewables and efficiency.
19 Ιουλ 2023 · BASRA, Iraq, July 19 (Reuters) - Iraq secured its $27 billion oil deal with France's TotalEnergies (TTEF.PA) last week by offering quicker, less risky payback through greater revenue-sharing, a...