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 ...

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

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

Iraq is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from 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 oil exports from its southern ports averaged 3.3 million barrels per day in January, witnessing a slight increase from ...

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 ...