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

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

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

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

Iraq's parliament passed a plan to boost payments to oil companies in Kurdistan, a step toward resuming exports from the area ...

The minister also revealed that discussions are ongoing with the Turkish government to reactivate the Iraq-Turkey pipeline, ...

EBRIL, Kurdistan Region - Iraq requires ten billion dollars to eliminate gas flaring by 2030, deputy oil minister said on ...

The Iraqi parliament is set to convene on Sunday to vote on an amendment to the budget law proposed by the federal government which could lead to the resumption of Kurdistan Region’s oil exports.

Upon parliamentary approval, Dr. Subhi confirmed that Kurdistan’s oil exports would resume immediately at the agreed-upon rate of $16 per barrel, ensuring no procedural delays.

The exports were previously sent via pipeline to the Mediterranean port of Ceyhan in Turkey ... That never happened as Iraq sought to take full control of the Kurdish output. The federal government ...

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