Qadi, executive director of the UAE-based Crescent Petroleum, said his company has made strides in its gas projects across ...

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

US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes ...

State-run Basra Oil Company has signed two agreements with US energy major Halliburton to develop the Nahr ... models for oil production and investment of associated gas, state-run Iraq News Agency ...

Iraq’s oil ministry, in coordination with the KRG’s Ministry of Natural Resources, will appoint an international consultant within 60 days to assess fair production and transportation costs ...

Oil exports from the Kurdistan Region through the Iraq-Turkey pipeline have been suspended since March 2023 after a Paris-based arbitration court ruled in favor of Baghdad against Ankara, saying ...

BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.

BAGHDAD: Iraq’s parliament on Sunday approved a budget amendment to subsidise production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at ...

The assembly on Sunday voted in favor of a plan approved by the cabinet in November that would amend the budget to allow Baghdad to pay out $16 a barrel for oil production and transportation, ...

Baghdad (IraqiNews.com) – The US Energy Information Administration (EIA) revealed on Sunday that Iraq’s weekly oil exports to the United States rose during the past week. The EIA mentioned ...

Baghdad (IraqiNews.com) – Iraq’s parliamentary finance committee revealed on Sunday that more than $14 billion was lost as a result of the suspension of oil exports from the Kurdistan region ...