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 is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from the ...

S&P Global Ratings has reaffirmed Iraq's long-term and short-term foreign and local currency credit ratings at 'B-' and 'B' respectively, maintaining a stable outlook. This decision was announced on ...

By John Lee. The Council of Ministers of the Kurdistan Regional Government (KRG) has instructed the Ministry of Natural ...

US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes ...

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 ...

The Iraqi parliament recently approved a budget amendment that permits the resumption of oil exports from Iraqi Kurdistan.

The ongoing oil dispute between Baghdad and Kurdistan intensifies as US intervention sparks backlash and highlights the power struggle over oil resources and regional autonomy.

Experts and lawmakers told The New Arab that the measures could worsen Iraq’s power shortages, risking political, economic, ...

The budget amendment  mandates that the KRG transfer its oil production to the state-controlled State Oil Marketing ...

Iraq’s ports received 341 ships and oil tankers in January 2025, reinforcing their role in global trade. Key docking points ...

Energy giant BP is projected to invest up to $25 billion over the life span of a project to redevelop four Kirkuk oil and gas ...