The American company is emerging as the leading contender for the 480,000 bpd West Qurna 2 field as U.S. sanctions appear to ...

Increasing pipeline flows to Turkey were offset in November by ongoing reductions in Basra Gulf exports following a deadly ...

The Karkh Commercial Court in Baghdad purported to annul four of Iraqi Kurdistan's oil contracts Monday, as the federal Oil Ministry intensifies its push to implement February's landmark ruling ...

BASRA - Oil Minister Hayyan Abdulghani has returned to his post after a prolonged health-related absence, which ignited an unresolved period of political jockeying to reshuffle parts of Iraq’s oil ...

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 ...

OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year. A worker stands at the al-Basra Oil Terminal ...

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 ...

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 ...

Nationwide crude output is far below developed capacity due to the ongoing northern pipeline outage, southern infrastructure constraints, and — most acutely — quota pressure from OPEC-plus. Workers ...

BASRA - The Iraqi government is taking measures to respond to alleged illicit oil sales following a U.S. sanctions enforcement action in late July that targeted a major fuel logistics provider. The ...

A top gas official discusses developments with TotalEnergies, Basra Gas Company, and other projects aiming to end flaring and produce enough products to expand exports. Engineer Ali Salman Majeed, the ...

BASRA - Iraq's federal government has long pushed to unify the country's oil sector under Baghdad's authority, while the Kurdistan Regional Government (KRG) has argued power should be decentralized ...