The Iraqi Ministry of Oil revealed on Sunday that Iraq’s oil exports reached 107.65 million barrels during December 2025.

By Dmitry Zhdannikov and Aref Mohammed BASRA/LONDON, Jan 27 - U.S. oil major Chevron is pushing Iraq to improve returns on the giant West Qurna 2 oil field as a condition for buying the project from Russia's Lukoil,

Chevron is seeking better returns from Iraq on the giant West Qurna 2 oilfield as a condition for buying the project from Russia's Lukoil, Reuters reported.

Iraq's North Oil Company and US-based HKN Energy discussed on Thursday prospects to develop the Hamrin oil field in northern Iraq.

Baghdad is in talks with Chevron to take over operatorship, but negotiations are stalled as the U.S. major seeks higher returns than those offered under the field's existing technical service contract.

Oil prices slipped more than $1 on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine. Brent crude futures were down $1.07, or 1.68%, at ...

HOUSTON, Dec 8 (Reuters) - Oil prices slipped 2% on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine. Brent crude futures were down $1 ...

Baghdad’s choice of U.S. partners suggests a cautious realignment, but its durability depends on scaling Akkas

The Pentagon rejected our plan to pay Iraqis an oil dividend.

As Iraq forms its first constitutionally mandated postwar government, one looming issue is how best to manage and share the country’s energy resources and revenues. Most of Iraq’s major oil fields are found in the north and south, which, respectively ...

British Petroleum is set to ramp up oil and gas production in northern Iraq, with plans to lift output at four key Kirkuk-area fields as part of a major redevelopment push backed by Baghdad. According to Iraqi Oil Ministry Undersecretary Bassim Khudair, BP ...

Venezuelan lawmakers have approved a law change that will make it easier for foreign companies to take part in the country’s oil industry, in a move by Caracas to meet the demands of US President Donald Trump.