BASRA - Iraq's oil sector is plunging deeper into crisis after Iran destroyed two tanker ships in Iraqi territorial waters late Wednesday. The attack not only highlights the grave threat to shipping ...

Strike on a key oil logistics hub in Basra signals danger for southern Iraq's oil sector as Iran and its proxies target U.S.

Kurdish-led authorities in northeast Syria are losing their hold on the country’s largest oil fields as foreign investors ...

Drone strikes on Sarsang raise new doubts for IOCs about the viability of restarting wartime oil production as the KRG demands security guarantees from Baghdad.

BAGHDAD/BASRA/ERBIL - Most oil and gas production in Iraqi Kurdistan is offline and oil officials in southern Iraq are bracing for major disruptions stemming from the U.S.-Israeli war with Iran.

With exports halted by war, Iraq has limited options to keep fields operating and has begun taking millions of barrels of daily production offline.

Iraq can now process over 1.5 million bpd of crude, as the country's largest refinery completes a decade-long comeback.

BASRA - As the director general of the state-run General Company for Ports of Iraq (GCPI), Farhan al-Fartousi oversees an array of operations that are integral to the country's oil sector, trade, and ...

Two of the world’s biggest oil services companies have informed the Iraqi Oil Ministry that they will comply with a Federal Supreme Court (FSC) ruling invalidating the legal foundations of Iraqi ...

Nationwide crude export volumes increased slightly in 2025, but annual revenues fell by $14 billion due to weaker global prices. A worker stands at the al-Basra Oil Terminal (ABOT), one of Iraq's ...

KHANAQIN - Iraq has signed a new contract for the Mansuriya gas field, overcoming last-minute investor doubts about political and security challenges in Diyala province. The Chinese firm Jereh is ...

BASRA - The name of Iraq's largest state-owned upstream oil company now reflects the name of Iraq's oil capital: the South Oil Company (SOC) has officially become the Basra Oil Company (BOC). In an ...