Moscow is resuming oil and gas operations in Iraq’s Kurdistan Region (KRI) to regain geopolitical influence lost after ...

Oil prices rose slightly on Wednesday, supported by a weaker dollar, which makes the commodity less expensive for overseas ...

"We have received critical information. Iraqi Foreign Minister Fuad Hussein and Prime Minister Mohammed Shia al-Sudani have ...

Talks to speed a resumption in oil exports from Iraq’s semi-autonomous Kurdistan region have been delayed until Thursday ...

Iraqi Parliament’s Oil and Gas Committee quickly criticised MOC’s decision on the grounds Ukrzemresurs is little known and does not possess the technology required to develop a huge field with ...

Last month, Iraq announced the discovery of a new oil field in the southern East Baghdad group of fields that may add 2 billion barrels of medium and light crude to the country’s oil reserves.

Iran said Monday it would not negotiate under "intimidation", after US President Donald Trump sought to ratchet up pressure ...

Iraq and oil companies operating in the country’s semi-autonomous Kurdistan failed to reach an agreement during a meeting on Sunday meant to help restart crude oil exports from the northern region.

ERBIL, Kurdistan Region - Iraq reiterated on Monday its commitment to an OPEC+ agreement on production cuts and the gradual phase-out of voluntary reductions, ahead of the resumption of oil ...

A rare ally of both the United States and Iran with more than $100 billion in reserves held in the U.S., Iraq relies heavily on Washington's goodwill to ensure that its access to oil revenues and ...

It is part of a global push to boost oil supply and keep prices in ... The U.S. has significant leverage over Iraq – $100 billion of its reserves are held in the U.S., and Washington could ...

Despite its vast oil and gas reserves, Iraq suffers from chronic electricity shortages. In July, Musa told Rudaw that the country’s power system produces 27,450 megawatts of electricity ...