The IOTC chief discusses exports of heavy fuel oil and Qayarah crude, and ambitions to expand Iraq's fleet of oil tankers.

ERBIL, Kurdistan Region - Baghdad must refrain from policies that are aimed at punishing the Kurds and must instead see them ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

Mozambique has secured forgiveness of 80% of its total debt with the Republic of Iraq, and payment of the remaining 20% has been rescheduled for a period of 15 years preceded by a grace period of four ...

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

By John Lee. The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's ...

By bnm Gulf bureau Iraq faces a potential energy crisis as US President Donald Trump ends its exemption from sanctions on ...

Southern Iraq's largest state-run field is developing new production capacity and working to capture more associated gas.

Iraq has forgiven $256 million in oil debt that Mozambique has owed it for decades, the southeast African nation’s finance ...

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.

Iraqi President Abdul Latif Rashid has taken legal action against Prime Minister Mohammed Shia Al Sudani and Finance Minister ...