President Donald Trump said Tuesday that he wants the U.S. to take ownership of the Gaza Strip and redevelop it after ...

As President Trump prepares to meet with Israeli Prime Minister Benjamin Netanyahu, Trump’s Middle East envoy said that a three to five-year timeline for reconstruction of Gaza is not a viable ...

A pause for readers to locate their tiniest violin to serenade Shell, which complains it has spent more than £800 million on the Jackdaw ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Iraq's parliament approves a plan to compensate oil companies in Kurdistan, paving the way for a restart of crude oil exports ...

BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.

The agreements include sharing all data and information related to the two fields to develop technical and economic models for oil production and investment of associated gas, state-run Iraq News ...

Iraq’s oil ministry, in coordination with the KRG’s Ministry of Natural Resources, will appoint an international consultant within 60 days to assess fair production and transportation costs ...

Oil exports from the Kurdistan Region through the Iraq-Turkey pipeline have been suspended since March 2023 after a Paris-based arbitration court ruled in favor of Baghdad against Ankara, saying ...

BAGHDAD: 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 ...

The assembly on Sunday voted in favor of a plan approved by the cabinet in November that would amend the budget to allow Baghdad to pay out $16 a barrel for oil production and transportation, ...