News

Iraq's Cabinet said Tuesday that further payments are contingent on the KRG transferring most of its oil production and ...
U.S. designation of a key oil sector logistics provider highlights sanctions risks, prompting Iraqi measures to combat ...
Iraq's nationwide crude production was steady from May to June, with output rising slightly from fields managed by the federal Oil Ministry and falling slightly in the Kurdistan region.
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 ...
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 ...
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.
BAGHDAD - Iraq's Parliament voted Monday to bring back the Iraq National Oil Company (INOC), three decades after it was subsumed by the Oil Ministry in a power move by Saddam Hussein.
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 ...
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.
Iraq is increasing crude sales as sustained higher oil prices have led the OPEC-plus coalition to ease production restrictions — but the country will not surpass its record of nearly 4 million barrels ...
BASRA - Ali Shaddad al-Faris, an MP from Basra MP and veteran of the Parliament Oil and Gas Committee, said the Kurdistan Regional Government (KRG) is to blame for the ongoing stalemate in ...
Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global oil prices.