Bloomberg Iraq plans to cut oil output in January and February to make up for breaching its Opec+ quota last year, according to the state company that markets the nation’s crude. Opec’s second-biggest producer will pump around 3.6 million barrels daily for the two months, according to Ali Nizar, the deputy head of SOMO. That compares with around 3.85 million …

ABU DHABI / WAM The World Muslim Communities Council has commended the pioneering step through which the United Nations General Assembly adopted, unanimously, the project presented by Saudi Arabia, Egypt and Morocco, and supported by many brotherly and friendly countries, to promote a culture of peace and tolerance to protect religious sites. The Council expressed its pride and deep appreciation …

Bloomberg The scrapping of Keystone XL not only means the end of multibillion-dollar pipe dream for TC Energy Corp — it also leaves behind 48,000 tons of steel. US President Joe Biden revoked permits for the oil pipeline on his first day in office, killing a cross-border project that had won a four-year reprieve under his Republican predecessor, Donald Trump. …