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

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

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 ...

The Kurdistan Regional Government (KRG) on Wednesday instructed its natural resource ministry to coordinate with oil ...

Iraq is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from 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 ...

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

The Kurdistan Region’s natural resources ministry said on Thursday that it had won a case against the federal oil ministry ...

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

Modernization project for 46 GE Vernova gas turbines powering 12 power plants is expected to add over 500 megawatts (MW) to the national grid within the summer of 2025 ...