Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures ...

Iraqi oil production increased by about 50,000 barrels per day (bpd) in May, boosted by the continuing recovery of the ...

Ali Salman Majeed is named interim head of the state company responsible for boosting domestic gas supply and ending flaring ...

Iraq has made significant progress on repairs to the Iraqi side of the Iraq-Turkey Pipeline (ITP), raising the possibility of restarting crude exports from northern Iraq with an alternate route that ...

Iraq's federal government earned record revenues of $115.657 billion from oil sales in 2022, some $40 billion above 2021 earnings as the gradual easing of OPEC-plus quota restrictions coincided with ...

BASRA - The first phase of the Basra Gas Company’s expansion is due to be operational in June this year with a second phase expected to come online in the first quarter of 2024, boosting total ...

A multi-billion-dollar water supply project that is critical for boosting production at Iraq’s southern oil fields is beginning to take shape, with a first phase scheduled for completion in four years ...

Iraq’s biggest oil field has recovered from a January fire, boosting nationwide output but posing a challenge to OPEC-plus quota compliance. Workers from the state-run Iraqi Drilling Company work on a ...

BAGHDAD - The U.S. has granted Iraq another 120-day sanctions waiver enabling continued cross-border imports of energy from Iran without triggering penalties, as efforts intensify to revive the 2015 ...

Riad Araibi, director general of Iraq's state-run Midland Electricity Transmission Company, signs an amendment to an agreement with the Jordanian National Electric Power Company for electricity ...

BAGHDAD/BASRA - Iraq has rejected ExxonMobil's effort to sell its stake in the West Qurna 1 oil field to two Chinese companies, raising a cloud of uncertainty and potential conflict over a project ...

BASRA - The Iraqi government signed a major new contract Wednesday with China's Geo-Jade Petroleum and the Iraqi company Hilal al-Basra for an $18 billion integrated project, including the upstream ...