Muhammad Ali Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be ...

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

Iraq signed five memoranda of understanding with Czechia on Thursday to enhance cooperation in oil, transportation, and ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

Iraq is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from the ...

The approval of a plan by the Iraqi Parliament to increase payments to international oil companies operating in the ...

Iraq’s parliament on Sunday approved a budget amendment to subsidise production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at unblocking ...

Iraq’s parliament passed a long-awaited plan to boost payments to oil companies in the semi-autonomous Kurdistan region, a ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Energy giant BP is projected to invest up to $25 billion over the life span of a project to redevelop four Kirkuk oil and gas ...

By Aref Mohammed and Ahmed Rasheed BAGHDAD (Reuters) -Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi ...