The Iraqi Ministry of Finance revealed on Monday that Iraq’s financial revenues during the first 11 months of 2024 exceeded ...

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

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

Abdul-Ghani told the Iraqi News Agency (INA) that Iraqi Kurdistan will supply at least 250,000 to 300,000 barrels of oil per ...

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 ...

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

Experts and lawmakers told The New Arab that the measures could worsen Iraq’s power shortages, risking political, economic, ...

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

While that moved forward Iraq’s negotiations for a deal with the Kurdistan Regional Government, it was still below the $26 a barrel that Iraqi Prime Minister Mohammed Shia Al-Sudani has said oil ...

Oil output at Iraq’s giant Rumaila field remains reduced ... with Brent crudes little changed near $78 a barrel in London on Monday, after retreating 2.8% last week. Traders are focused instead ...

Two local oil workers suffered minor burn injuries, the sources said. Production at Iraq's superman Rumaila oilfield stands at about 1.45 million barrel per day (bpd), said two officials at the field.

"Parliament's approval is very significant to resolve oil dispute between Baghdad and Erbil and it will help expedite the ...