The IOTC chief discusses exports of heavy fuel oil and Qayarah crude, and ambitions to expand Iraq's fleet of oil tankers.

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

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

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

India is set to increase its crude oil imports from Iraq as new sanctions on Russia threaten to disrupt its energy supply.

By Jon Wilks CMG, Former UK Ambassador to Iraq, for the Iraq Britain Business Council (IBBC) : British busine ...

Iraq has forgiven $256 million in oil debt that Mozambique has owed it for decades, the southeast African nation’s finance ...

The Iraqi Ministry of Finance revealed on Monday that Iraq’s financial revenues during the first 11 months of 2024 exceeded ...

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

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Nigeria spends not less than N1.57tn on crude oil production monthly, translating to about N18tn annually, a development ...

As the teachers attempted to bring their demonstration to Erbil, Kurdish security forces used tear gas and physical force to ...