Federal financial transfer signals political will to implement an agreement that could result in re-starting northern oil ...

Operational disruptions caused by the Israel-Iran war do not appear to have affected Iraqi crude output, which was virtually ...

The agreement will now expire in July 2026, raising new questions about the future of oil exports from northern Iraq and the ...

Al-Qaida’s arm in Iraq has claimed responsibility for deadly raids on prisons on the outskirts of Baghdad this week that set free hundreds of prisoners, including some of its followers.

Hunt Oil knew KRG oil deal in disputed territory According to a State Dept. cable from Iraq, and despite the U.S. Embassy's warnings, the oil company of a George W. Bush intelligence adviser signed a ...

Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the Rumaila oil field and elevated output in Kirkuk. Fields managed by the federal ...

A barrage of drone attacks in the past four days highlights rising security threats stemming from regional conflicts and Baghdad-Erbil political tensions.

Basra's fields bore the brunt of the OPEC-plus production curtailments, and they are ready to surge as output quotas lift. Hassan Mohammed Hassan, the Deputy Director General of the Basra Oil Company ...

Iraq has been transferring large volumes of high-sulfur fuel oil to Iranian traders in a deal to help resolve energy import debts.

Iraq activates new deal to pay Iran for gas Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions.

The new budget law lays out a revised framework for Baghdad-Erbil oil and revenue cooperation and projects a record deficit that is only likely to be filled if global oil prices remain high.

BASRA - The state-run Iraqi Oil Tankers Company (IOTC) handles the lucrative export of fuel oil from southern Iraq, shuttling the refined product to floating storage in the Basra Gulf. IOTC also helps ...