Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Iraq’s parliament on Sunday approved a budget amendment to subsidise production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at unblocking ...

BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.

OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports down to zero, a ...

India imported 1.67 million barrels per day (bpd) of crude oil from Russia—up 13 percent from December 2024—showed data from ...

That has irked Turkey, which supported the rebels now controlling Syria. Turkey considers the SDF to be an offshoot of the ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Ukraine wants to collaborate with partner countries on postwar projects worth billions of dollars not just in mining rare ...

American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production ...

Although the president had been talking about the idea for weeks, there had been no meetings on the subject, and senior ...