Moscow is resuming oil and gas operations in Iraq’s Kurdistan Region (KRI) to regain geopolitical influence lost after ...

Oil prices rose slightly on Wednesday, supported by a weaker dollar, which makes the commodity less expensive for overseas ...

Baghdad (IraqiNews.com) -During the Russia-Iraq Intergovernmental Commission on Trade, Economic and Scientific-Technical Cooperation, Russian Energy Minister Sergei Tsivilev informed reporters that ...

"We have received critical information. Iraqi Foreign Minister Fuad Hussein and Prime Minister Mohammed Shia al-Sudani have ...

Talks to speed a resumption in oil exports from Iraq’s semi-autonomous Kurdistan region have been delayed until Thursday ...

BP is expected to spend up to $25 billion over the lifetime of the project, a senior Iraqi oil official told Reuters ... to book a share of production and reserves proportionate to the fees ...

Last month, Iraq announced the discovery of a new oil field in the southern East Baghdad group of fields that may add 2 billion barrels of medium and light crude to the country’s oil reserves.

BP had stalled plans for years citing risks of political instability in the province claimed by Iraq’s autonomous region of ...

Iraq and oil companies operating in the country’s semi-autonomous Kurdistan failed to reach an agreement during a meeting on Sunday meant to help restart crude oil exports from the northern region.

ERBIL, Kurdistan Region - Iraq reiterated on Monday its commitment to an OPEC+ agreement on production cuts and the gradual phase-out of voluntary reductions, ahead of the resumption of oil ...

A rare ally of both the United States and Iran with more than $100 billion in reserves held in the U.S., Iraq relies heavily on Washington's goodwill to ensure that its access to oil revenues and ...

It is part of a global push to boost oil supply and keep prices in ... The U.S. has significant leverage over Iraq – $100 billion of its reserves are held in the U.S., and Washington could ...