Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response ...

A compromise measure to pay Kurdistan's oil contractors and unlock Iraq's northern oil export route has met major political ...

A temporary but dramatic drop in output at Iraq's most prolific oil field underscores the challenges of fighting natural ...

Steep reduction at Rumaila brought Iraq's December production average to its lowest level in 18 months as Iraq continues to ...

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 ...

KIRKUK - Iraq is making progress in negotiations with BP to develop several oil fields in Kirkuk, according to four senior Iraqi oil officials, who said they are aiming to finalize profit-sharing ...

Iraqi oil production continued a four-month slide, falling to its lowest level since June 2023 as the Oil Ministry tried to improve compliance with an OPEC-plus quota agreement. Federal output was ...

ERBIL - The Iraqi Cabinet passed a 2014 budget on Wednesday that threatens the Kurdistan Regional Government's (KRG) entire cut of federal revenue sharing if it doesn't export crude through Baghdad's ...

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 ...

Iraq's oil production recovered steadily in 2021 — rising from just over 4 million barrels per day (bpd) in January to nearly 4.5 million bpd in December — as the OPEC-plus group continues to loosen ...