Search the news

Global Network Monitors Recovery of Iraqi Oil Exports and Overcoming Logistic Challenges

dijlahpoint - The specialized global energy market network Oil Price announced a noticeable increase in Iraq's daily oil export rates during the current month, registering a significant surge compared...

Rise in Global Oil Prices Amid Escalating Tensions in the Middle East

dijlahpoint - Global oil prices witnessed a noticeable increase driven by continued concerns related to the disruption of energy supplies in the Middle East region, against the backdrop of regional se...

Global Oil Prices Decline Amid Market Balancing Between Regional Tensions and Supply Stability

dijlahpoint - Global oil prices recorded a decline from high levels recorded in recent months, with crude prices hovering near specific levels per barrel, influenced by traders' assessment of geopolit...

Iraq Produces Over 830 Million Barrels of Oil in Nine Months and Records Production Peak in September

dijlahpoint - An economic affairs observatory announced that Iraq extracted about 834.7 million barrels of crude oil during the first nine months of the current year. Daily production witnessed a nota...

Oil Minister: American Companies Are an Essential Partner in Developing the Oil and Gas Industry

dijlahpoint - The Minister of Oil affirmed that cooperation with American companies represents an essential pillar for developing the oil and gas industry in the country, given their advanced technica...

Rise in Basra Heavy and Medium Crude Prices Amid Global Oil Market Decline

dijlahpoint - Iraqi crude oil prices for Basra Heavy and Medium recorded a notable increase, coinciding with a wave of decline across global markets, where Brent crude dropped by more than 1.4% and We...

Global Oil Prices Rise Amid Escalating Geopolitical Tensions in the Middle East

dijlahpoint - Global oil prices recorded notable gains driven by rising concerns over energy supply stability and regional geopolitical tensions in the Middle East. Major crude contracts experienced c...

Launch of "Iraq Vision 2050" to Reduce Oil Dependence and Empower Private Sector

dijlahpoint - The Ministry of Finance announced "Iraq Vision 2050," aimed at diversifying revenue sources, reducing reliance on oil, empowering the private sector, and fostering comprehensive, sustain...

Ministry of Oil Plans to Invest 70 Million Cubic Feet of Gas from Maysan Fields

dijlahpoint - The Ministry of Oil has emphasized the importance of accelerating the implementation of the associated gas investment project from the Buzurkan, Fakkah, and Abu Ghraib fields in Maysan G...

Lawmaker reveals financial waste of 400 billion dinars due to tax exemptions for major oil companies

dijlahpoint - A parliamentary member revealed that around thirty-nine major companies operating within oil licensing rounds have not been fully subjected to tax auditing, estimating the wasted funds a...

Minister of Finance Chairs Advisory Board Meeting to Accelerate Digital Transformation and Non-Oil Revenues

dijlahpoint - The Minister of Finance chaired an expanded meeting of the ministry's advisory board to discuss financial reform tracks, digital transformation, and administrative automation. The meetin...

Rescue of Twenty-Two Indian Seafarers After Oil Tanker Incident Off UAE Coast

dijlahpoint - The Indian Consulate in the United Arab Emirates announced the safe rescue of all 22 crew members aboard an oil tanker following an incident off the coast of Ras Al Khaimah. The diplomat...