News

Attack on HKN-operated Sarsang field coincides with the company's signing of a preliminary upstream deal with the federal Oil ...
Longtime energy MP talks about U.S. pressure on Baghdad and Erbil, the blame he places on KRG oil tactics, and the upside of ...
SULAIMANIYA/BASRA - Over a month after Baghdad cut off critical budget support to the Kurdistan Regional Government (KRG), ...
Iraq's crude sales held steady month-on-month despite minor disruptions apparently stemming from the Israel-Iran war.
A barrage of drone attacks in the past four days highlights rising security threats stemming from regional conflicts and ...
Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices.
The Iraqi government is terminating its contract with the Ukranian company Ukrzemresurs to develop the Akkas gas field, drawing threats of a legal fight over the embattled project less than a year ...
BASRA - Iraq is drawing on a multi-billion-dollar Chinese financing program to fund the construction of a network of pipelines that could help transform southern Iraq’s oil sector by supplying water ...
Iraq's nationwide crude production fell by about 60,000 barrels per day (bpd) in February, largely due to a partial outage at the Rumaila oil field caused by a large fire that destroyed a storage tank ...
A Baghdad court has rejected a last-ditch effort by the federal Oil Ministry to invalidate the Kurdistan region's oil contracts, cementing a legal victory for oil companies and clearing one potential ...
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 ...
Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire.