The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five ...

By John Lee. Midland Oil Company (MdOC) has successfully restarted a previously idle vertical oil well in the Ahdab field, using horizontal drilling technology. The operation was carried out in ...

Iraq has awarded the first phase of the much-delayed development of one of its largest gas fields to SLB, a Texas-based oilfield services company previously known as Schlumberger, according to local ...

ERBIL, Kurdistan Region - The relationship between India and Iraq is “very strong,” with both countries sharing good commercial ties, India’s ambassador to Iraq said on Wednesday, expressing support ...

LUKOIL is not only broadening its oil operations in Iraq and the UAE but is also focusing on a vital part of its strategy: ...

Former MI6 chief Sir Richard Dearlove says that if President Donald Trump wants a Nobel Peace Prize he should hold off negotiating a Russia-Ukraine ceasefire.

Iraq has signed agreements with two American companies to produce 24,000 megawatts of electricity, a month after the US ...

The S&P 500 was down 2.3% early Thursday, a day after surging 9.5% following President Donald Trump ’s decision to pause many ...

A federal judge is allowing President Donald Trump’s administration to move forward with a requirement that everyone in the ...

The global oil market is undergoing a structural transformation. Rising electric vehicle adoption, increasing output in the ...

Iraq has signed agreements with the US to develop power plants and an integrated solar energy project in Iraq.

Iranian President Pezeshkian invited U.S. investors to the country, reiterating that Iran is not pursuing nuclear weapons.