OPEC+ is likely to keep its pause on oil output increases for March when it meets on Sunday, five delegates told Reuters, ...

A major upgrade for Basra's flagship refinery is coming online, promising to boost high-octane gasoline supplies.

As the Trump administration prepared late last year for the US military operation to capture Venezuelan President Nicolas ...

Baghdad is in talks with Chevron to take over operatorship, but negotiations are stalled as the U.S. major seeks higher ...

A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the ...

Urgent austerity plan aims to cut $1.4 billion from oil field budgets nationwide in 2026 without affecting production — a ...

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

Chevron is seeking better returns from Iraq on the giant West Qurna 2 oilfield as a condition for buying the project from ...

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 ...

Oil prices climbed more than 3% on Thursday after two straight days of declines as investors assessed developments in Venezuela and worried about supplies from Russia, Iraq and Iran. Brent crude ...

President Trump rejected comparisons to the Iraq war and said the US intends to “keep the oil” as part of its Venezuela operation, framing the move as a way to rebuild the country’s energy sector and ...

(The Hill) — President Donald Trump on Monday dismissed comparisons between past U.S. involvement in Iraq and the recent military operation in Venezuela, saying the difference is that the Trump ...