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 ongoing success is hardly assured. Oil tanks at Turkey's Mediterranean port of ...

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.

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 ...

Test flows are expected to begin Saturday as Baghdad, Erbil, and IOCs reach agreement on cooperative pipeline exports via Turkey. A worker checks the valve gears of pipes linked to oil tanks at Turkey ...

BASRA - Security forces in Basra are continuing to struggle with an array of challenges, including violence near oil fields between rival tribes, tensions with paramilitary groups, and a rise in mafia ...

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 ...

SULAIMANIYA/BASRA - Over a month after Baghdad cut off critical budget support to the Kurdistan Regional Government (KRG), the crisis remains unresolved because the two sides cannot agree on an array ...

A Baghdad court has rejected a last-ditch effort by the federal Oil Ministry to invalidate the Kurdistan region's oil contracts, cementing a legal victory for oil companies and clearing one potential ...

Bassem Abdul Karim has been appointed director general of BOC, the first major oil sector leadership change under Oil Minister Hayyan Abdulghani. Bassem Abdul Karim at his office when he was director ...