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

The East Baghdad field, one of the important oil fields in Iraq, recently had a discovery that increased its reserves to 15 billion barrels.

Unsurprisingly, as a result of (or rather the cause of) these various dynamics, the EIA’s implied demand data is robust ...

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 ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

Tuesday closed up +1.00 (+1.38%), and March RBOB gasoline (RBH25) closed up +0.0431 (+2.05%). Crude oil and gasoline prices ...

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 ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

In his first term, President Donald Trump's first foreign trip was to Riyadh. His first phone call to a foreign leader in his ...

The Indian government is considering extra energy imports from the United States, days before Prime Minister Narendra Modi's ...

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