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 ...

Baghdad, Erbil, and oil companies appear to be implementing some key terms of a three-way oil export and budget deal, but ...

ISTANBUL - Turkey has officially informed Iraq that the northern export pipeline is ready to operate, shifting the onus onto Iraq to restore 475,000 barrels per day (bpd) of crude to global markets.

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 ...

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 ...

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 ...

Rising output at the Majnoon field has driven significant production gains despite OPEC-plus pressure for Iraq to adhere to quotas. Iraq's state-run Oil Exploration Company conducts seismic survey ...

Iraqi oil sales jumped by 173,000 barrels per day (bpd) in October as pipeline exports from the Kurdistan region came back online. Nationwide exports averaged 3.578 million bpd, according to Oil ...

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 ...

In an effort to attract foreign investors to its upcoming licensing rounds, the Oil Ministry is adding more projects and better contractual terms. Iraqi Oil Minister Hayyan Abdulghani (center) ...

Iraq has been transferring up to 190,000 barrels per day (bpd) of straight-run high sulfur heavy fuel oil (HSFO) to traders nominated by Iran, two senior Iraqi Oil Ministry officials familiar with the ...