Southern Iraq's largest state-run field is developing new production capacity and working to capture more associated gas.

Iraq has forgiven $256 million in oil debt that Mozambique has owed it for decades, the southeast African nation’s finance ...

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

BAKU, Azerbaijan, February 6. The State Oil Company of Azerbaijan (SOCAR) and Crescent Petroleum have explored potential ...