Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

Abdul-Ghani told the Iraqi News Agency (INA) that Iraqi Kurdistan will supply at least 250,000 to 300,000 barrels of oil per ...

Iraq, the second-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC) behind Saudi Arabia, has the capacity to produce nearly 5 million pbd. Unlike historic ...

Halliburton Company HAL, a leading U.S.-based oilfield services firm, is engaged in major talks with Iraq and is close to finalizing a deal for the development of the Nahr Bin Omar oilfield. The state ...

Iraq’s Northeastern Diyala province could emerge as a key hub for gas industry through strategic investments in its gas fields, according to Abdullah Al-Qadi, CEO of UAE-based Crescent Petroleum.

It is important to note that Iraq is a member of the Organization of the Petroleum Exporting Countries (OPEC) and already has over 145 billion barrels of oil reserves. Iran’s economy depends on ...

Iraq’s Ministry of Electricity will purchase 100 million standard cubic feet of gas from the Sharjah-based Crescent Petroleum to power its stations. Iraqi Prime Minister Mohammed Shia Al-Sudani ...